The spring homebuying season is kicking in! See how much income you'll need to afford a median-priced home in any of the 50 largest metro areas.
Generally speaking, a 'direct lender' is a lender who lends his own funds. Some mortgage lenders use this term to differentiate themselves from mortgage brokers, who arrange loans between you and a lender. A direct lender should have control over the loan process from start to finish, but simply being a direct lender doesn't guarantee that you'll get great pricing or great service.
Capital gains taxes as they apply to your principal residence can be found in IRS Publication 523.
Read MoreThe owner of the loan is most often the "investor" -- the entity who put up the actual funds to make your mortgage happen.
Read MoreCredit life insurance is sold to homeowners as a means to pay off the mortgage in the event of the death of the homeowner.
Read More
