What Is A Conventional Loan?
A conventional mortgage loan is one that’s not guaranteed or insured by the federal government. Most conventional mortgage loans, aka conventional mortgages, are “conforming,” which simply means that they meet…
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Mortgage Amortization: What Does It Mean, And What Is An Amortization Schedule?
You’ve completed the home buying process, closing day and all, and now you get to enjoy life as a homeowner. Next, though, comes the process of paying off…
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Loans Basic: Mortgage Terminology
When you shop for a home, you might hear a bit of industry lingo you’re not familiar with. We’ve created an easy-to-understand directory of the most common mortgage terms….
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