If you don’t pay your mortgage, it will set you on the path to foreclosure, which means losing your house. A mortgage is a legal agreement in which you ag...
Preforeclosure occurs when a homeowner fails to make mortgage payments, prompting the lender to issue a notice of default. This is a legal notice and mean...
Prime rate is the interest rate that banks charge their preferred customers, or those with the highest credit ratings. What is the prime rate today 2021? ...
In addition, to qualify you must show that you have a stable income and can make your mortgage payments without incident for at least 12 months based on y...
If your mortgage is paid off completely and the deed to your property is recorded, the documents may be discarded. Closing Disclosure: Homeowners need to ...
Limits above Rs.2 lakhs and upto Rs.10 lakhs Existing Revised a) Landlords having lease agreements with MNCs/PSUs/Banks – Public Sector, Private Sector, F...
Getting rid of PMI is fairly straightforward: Once you accrue 20 percent equity in your home, either by making payments to reach that level or by increasi...
The most common type of loan available to borrowers with a 589 credit score is an FHA loan. FHA loans only require that you have a 500 credit score, so wi...
An expense is always a liability to incur and when it gets incur it is shown as a cash outflow from the cash flow and gets accrued in the income statement...
A financial cooperative (co-op) is a type of financial institution that is owned and operated by its members. The goal of a financial cooperative is to ac...
