|
|
|
FIRST TIME BUYERS
Many home loan programs have been specifically created for first time home buyers. These loans feature low down payments and approval guidelines that make it easier to qualify. Some of the more popular first time homebuyer programs are listed hereafter: # What is a First Time Buyer Loan? # FHA and VA Loans for First Time Buyers # Who is Eligible for a 1st Time Buyer Loan? # Community Home Buyer Programs # What is Escrow? # Mortgage Credit Certificates Getting your first home is easy.
 LOAN CALCULATOR
Quickly calculates the monthly payment, total amount of interest paid, total paid and cost of points for a fixed rate mortgage loan.: |
WHAT IS ESCROW ?
Escrow is a deposit of funds, a deed or other instrument by one party for the delivery to another party upon completion of an event.
In simpler terms, escrow is where the transaction changes hands and prevents the seller from not receiving the money from the sale and prevents the buyer from not receiving the home that was purchased. Escrow is important to both buyers and sellers during the mortgage process. |
