Homeowner Education

The latest news, tips, and tricks for homeowners

Mortgage Insurance

Mortgage insurance is a product that insures a mortgage in case the borrower defaults. Homeowners who pay a down payment of less than 20 percent

Read More »

Maturity

In finance, maturity refers to the date on which the principal balance of a loan becomes due and payable. It also refers to the date

Read More »

Maturity Date

This includes loan amount, interest rate, payment and maturity date. The maturity date is the date when your final payment is due.

Read More »

Lock-In

When applying for a mortgage from a lender, a lock-in, or rate lock, represents a guarantee from the lender to give you a certain price

Read More »

Locked-In Rate

A locked-in rate, also referred to as a rate lock, is a specific interest rate for a mortgage loan that is being held for a

Read More »

Loan Consolidation

Loan consolidation enables a student to consolidate multiple student loans into a single loan. By consolidating your student loans, you only have to make one

Read More »