Estimated reading time: 7 minutes Scams have cost consumers millions of dollars and homeowners are among scammers’ top targets. Mortgage scam artists may prey on a…
Category: Planning
There are several reasons to consider refinancing the mortgage on your home. Refinancing can potentially reduce your mortgage payment, lower your interest rate, or shorten your…
Estimated reading time: 4 minutes For homeowners looking to convert home equity into cash, a cash-out refinance can be a great option.* Interest in these refinances has soared…
Estimated reading time: 4 minutes Refinancing your mortgage can present a way to reduce your interest rate and mortgage payment, or cash out home equity. As you plan ahead for one,…
Estimated reading time: 5 minutes There were more than 18 million veterans in the U.S. in 2023, according to the Department of Veterans Affairs (VA). If you’re one, there…
Estimated reading time: 9 minutes There are a few steps you can work into the homebuying process to help ensure you get a solid home and mortgage. But, the process can be fast-paced…
A middle FICO Score is a borrower’s second highest FICO Score among what the three major credit reporting agencies (Experian®, Equifax®, and TransUnion®) report. This is the score…
The definition of “escrow account” depends on its use. For homebuying purposes, an escrow account generally refers to an account held by a neutral third party (such as a title…