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Q: What do the acronyms APR, FRM and ARM mean?
JUL 25, 2022
A:
APR stands for Annual Percentage Rate. This number includes some of the various costs of obtaining a mortgage...
Read MoreQ: Can I use an equity loan to pay off my mortgage?
JUN 22, 2022
A:
My home is valued at $195,000. I owe $127,000 on the mortgage. I want a 10 year equity loan to pay off the mortgage. Can I find lenders to do this? Certainly! However...
Read MoreQ: What is a mortgage insurance premium? Do I need this?
APR 07, 2022
A:
In general, this will be the cost you must pay for a policy which helps to protect your lender.
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