MORTGAGE BASICS
Application ChecklistTo get a mortgage, you need to provide documentation of your financial and personal life. Heres a checklist of whats needed for your mortgage application.
AppraisalsA fair market estimate of the value of a home. Conducted by a licensed appraiser who uses information about the home, surrounding area & recent sales to determine a home’s value.
Closing CostsIn addition to the price of your home, closing costs are fees associated with a home purchase transaction. It is important to know how much you will need to bring to the table.
CreditBuying a home can be an exciting step in your life. Learn how a personal loan can affect buying a house and what you should consider before applying for a mortgage.
ForeclosureForeclosure is the legal process by which a lender seizes a home or property after a borrower is unable to meet repayment obligation. The Process, Downside, and Ways To Avoid it
FHA LoansWhether youre a first-time homebuyer, real estate investor or looking to refinance your home, the APM blog has articles, tips, and helpful advice about the home buying process.
Private Mortgage Insurance(PMI)A form of mortgage insurance for conventional loans. The borrower purchases private mortgage insurance, and it protects the lender in case the borrower defaults on their mortgage.
RefinanceIs refinancing a house worth it? Learn more about your mortgage refinancing options, view todays rates and use our refinance calculator to help find the right loan for you.