Mortgage Blog

Choosing between an adjustable-rate mortgage (ARM) and a fixed-rate mortgage demands careful consideration. Both financing options have distinct advantages, shaping the financial trajectory of homeownership and investment ventures. An adjustable-rate mortgage, or ARM, is characterized by fluctuating interest rates. Unlike its fixed counterpart, the interest rate on an ARM varies periodically, typically adjusting annually after …

Adjustable Rate Mortgage vs Fixed Rate: Which is Better? Read More »

Mortgage fraud, a pervasive issue in the financial landscape, demands our attention and understanding. In its simplest form, mortgage fraud involves deliberate misrepresentation, creating a web of deception that impacts individuals and the economy. As we delve into this complex realm, it’s essential to comprehend the alarming statistics that underscore the prevalence and risks associated …

Safe Lending Practices: A Borrower’s Guide to Understanding and Avoiding Mortgage Fraud Read More »

Wondering what type of loan to take for your property investment? What are conventional loans? Is there a difference between conventional loans and government-backed loans? How do these differences affect the bottom line of your property investment? Conventional loans are distinct from government-backed options because of their flexibility and customization. While there’s an abundance of …

11 Types of Conventional Loans for Property Investors Read More »

An Annual Percentage Rate (APR) is a metric that will help you understand the actual cost of borrowing. It factors in the loan amount and the related charges including the origination fee, broker fees, and any other fee associated with securing a loan. An APR will give you a holistic representation of the actual cost …

What is APR on a Mortgage Read More »

What is an Annual Percentage Rate (APR)? The Annual Percentage Rate (APR) is a comprehensive measure used to express the total cost of borrowing on an annual basis. It is expressed as a percentage and includes not only the interest rate but also additional fees and charges associated with the loan. The APR is designed …

Annual Percentage Rate: What Is It And How to Calculate It Read More »