You’d think if you missed your mortgage payment due date (usually the 1st of the month) that your mortgage payment is late. That’s not the case though. You have a little longer than you think to get your mortgage payment into your lender before you pay the late fee.Compare Offers from Several Read more
What is the Effect of Paying Extra Principal on a Mortgage?
If you have a little extra money each month, you may consider paying extra towards your mortgage. Paying extra principal is a great way to get ahead. But, what exactly does paying the extra principal do for you?Get Matched with a Lender, Click Here. You’ll Pay Less Interest When you make extra Read more
How Does an Adjustable Rate Mortgage Work?
Are you thinking of taking an adjustable rate mortgage? It certainly has its benefits, including a lower initial payment during the first few years. Before you take an ARM loan, though, you should know how it works to make sure it’s in your best interest to take this type of loan.Compare Offers Read more
When is the First Mortgage Payment Due After Closing?
If you’ve heard it’s best to close your mortgage near the end of the month, you’ve heard right. You may have also heard that you won’t have a mortgage payment ‘right away’ when you close on a loan. That is true too. We will help you uncover the reason for the later payment date and what it means for Read more
Hurricane Season, Payment Timing Spur Surge in Mortgage Delinquency
There was an overall increase in mortgage delinquency among all types of loans during the third quarter of 2017. This is according to the Mortgage Bankers Association whose National Delinquency Survey for 3Q17 is up.The previous hurricanes that hit certain states and payment timing issues for Read more
