LATEST ARTICLES

Mortgages today are fully amortized. No more of this “negative amortization” stuff or “payment option” loan programs where mortgage loans would actually increase over...

The Servicemen’s Readjustment Act of 1944 provided benefits to returning soldiers after WWII. Among these benefits was the VA home loan program and today...

When you first make an offer on a home and produce an earnest money deposit those funds are held by a third party and...

Seller financing historically hasn’t been very common. When a property owner wants or needs to sell a home, the sellers typically want to get...

We’re definitely in a global marketplace. That’s not really news but there are so many interactions between countries and financial institutions. Sometimes, most times,...

Getting a home loan involves multiple parties and a lot of moving parts. Your mortgage lender is the one that keeps all these parts...

For those of you paying attention to mortgage rates, and we here at Home Point surely do, you may have noticed that rates are...

Impound accounts, referred to as escrow accounts in other parts of the country, are monthly payments made to the loan servicer that go toward...

The Federal Housing Administration or FHA is an extremely important department within the Department of Housing and Urban Development. It is credited with righting...

The mortgage market is certainly complex at times as there are so many functions required to approve a loan. The mortgage company must order services...