What is a Closing Disclosure?
Your Closing Disclosure is critical to the mortgage and home-buying processes.We're here to help you understand the process every step of the way.
What is a First-Time Homebuyer Grant?
Qualifying homebuyers can receive additional financial help in the form of a first-time homebuyer grant. Read more here.
What is a HELOC?
If you qualify for a HELOC, the lender provides you with a line of credit which can even include a debit card to cover the cost of renovations or repairs.
What is a Letter of Explanation?
When an underwriter reviews your financial documents, they can't see the full picture. You may be asked to write a letter of explanation.
What is a Loan Estimate?
Your lender must provide a Loan Estimate within three business days of receiving your application. It gives the most pertinent information about your loan.
What is a Mortgage Contingency?
A mortgage contingency is a clause in a real estate contract that protects both the buyer and the seller if loan financing were to fall through.