Relationships come and go in our lives, some we keep and others leave our lives unnoticed. There are professional relationships that require long-lasting work. Relationships like accountants, bankers, and financial advisors require time and trust. Unless you plan on becoming a real estate investor, your mortgage broker is not a relationship that you might keep [...]
Okay, so, let say that you’ve prepared your financial statement and you bring it and your credit report with you into the office of a home loan officer. Keep in mind, they do want your business, however, in today’s economy, they’ve tightened down on several things (unless you go to a non-nationally linked bank.) Perhaps [...]
I know this might seem like a silly question, but have you ever actually looked at the word and picked it apart? MORT-GAGE. Mort, comes from Latin, which means death; and gage, also Latin, means pledge. So what does this mean? Simply put, mortgage literally translate to pledge until death. And if you make it [...]
