What is a purchase contract in real estate transactions?

Understand the minimum qualifying debt to income ratio for a jumbo mortgage loan. Read more

Learn about the appraisal process and how property types like single-family homes, condominiums, and multi-family homes can affect the appraisal report. Read more

A collateral mortgage means your home secures the loan as collateral. If you miss payments, the lender may repossess the home or claim ownership of the property. Read more