Types de prêts hypothécaires

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There are many types of mortgage loans available to people looking to buy a house. Depending on your current financial situation and personal preferences, there is an option that could be right for you. Some types of mortgages include adjustable-rate mortgages (ARMs), fixed-rate mortgages, FHA loans, and VA loans. ARMs have an interest rate that […]

Que sont les frais de clôture d'un prêt hypothécaire ?

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What Are Mortgage Closing Costs? Mortgage closing costs can be thought of as the fees that come due during the mortgage process at the time of closing the mortgage agreement. Such costs typically include an origination fee from the mortgage lender, third-party fees for services like appraisals, loan officer review and processing, title search, credit […]

Qu'est-ce qu'un impôt foncier ?

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What Are Property Taxes As a general definition, property taxes are imposed by governments, usually at the state and municipal levels, on real estate owned by individuals. Property taxes have been around for quite some time. Your monthly mortgage payment can be less than your yearly property tax bill in certain parts of the nation. […]

Comment le Consumer Financial Protection Bureau protège votre prêt hypothécaire

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How Does The Consumer Financial Protection Bureau Protect Your Mortgage? The Consumer Financial Protection Bureau (CFPB) was established in 2011 to protect consumers from unfair, deceptive, and abusive practices in the financial sector. One area of focus for the CFPB is on mortgage lenders and servicers. The CFPB sets standards for responsible lending and helps […]

Qu'est-ce qu'une MCVD ?

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What is a HELOC? A HELOC works like a credit card: you are given an approved limit which you can borrow against at any time. The lender will review your application and determine how much they are willing to lend you based on the amount of equity in your home. Once the limit is established, […]

Qu'est-ce que Fannie Mae et Freddie Mac ?

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Fannie Mae You’ve undoubtedly heard of Fannie Mae, also known as the Federal National Mortgage Association, whether you’re in the market to purchase a home, refinance a property, or just follow the news (FNMA). Even if you’re unfamiliar with how Fannie Mae operates, you’re probably aware that it plays a large role in the housing […]

How Long Does The Mortgage Process Take?

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When you’re in the process of applying for a mortgage, it’s a good idea to evaluate your finances and create a budget. Then, to find out how much you may borrow, apply for a preapproval. Here’s what to anticipate at each stage of this particular section of the mortgage application process:   Examine your financial […]

Planned Unit Development vs Condo vs House: Which is Best?

Contrat d'hypothèque avec les clés de la maison.

Housing options are plentiful, particularly in metropolitan areas, leaving many first-time homebuyers unsure of which style of home to purchase. There are advantages and disadvantages to living in a condominium, townhouse, or single-family detached home. Buyers should think about their budget; how much time they can devote to house care; and how much of an […]

Tous les types de programmes d'aide à l'accession à la propriété

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Anyone who has not owned their primary residence for the past three years is considered a “first-time home buyer” by the government. The three-year timeframe used to determine first-time buyer status is retroactive, beginning on the day of the planned closing. The date you apply for a mortgage has no bearing on your approval. Renters, […]

Tout ce que vous devez savoir en tant qu'acheteur d'une première maison

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For first-time buyers, the process of purchasing a house might be complicated. After all, there are a lot of moving parts, things to do, and prerequisites that need to be met, and you may be worried about making a costly mistake. However, there are several benefits tailored specifically to first-time homeowners that exist to entice […]