35 articles

Knowledge Base

Myths About Divorce Mortgage Lending

Divorce is a challenging process that brings numerous financial considerations, one of the most significant being the impact on homeownershi…

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What is a First Generation Home Buyer?

Introducing the First Generation Homebuyer Program by the New Jersey Housing and Mortgage Finance Agency (NJHMFA), a unique initiative tailo…

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Underwriting 101

Underwriting (AKA “UW”) is the process by which your lender verifies your income, assets, debt and property details in order to issue final…

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HELOC — Home Equity Line of Credit

A Home Equity Line of Credit (HELOC) is a distinctive financial tool in the mortgage world that offers homeowners a flexible way to access f…

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Reverse Mortgages

A reverse mortgage is a unique financial product designed primarily for homeowners aged 62 and older, offering them a way to convert part of…

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What is a USDA Loan?

A USDA home loan is a zero down payment mortgage for home buyers in eligible towns and rural areas. Because USDA loans allow for a $0 down p…

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Are You Thinking About Buying a Home?

So, you’re thinking about purchasing a home, now what? Deciding whether you’re ready to buy a home is a major decision and can feel overwhel…

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What are Discount Points?

When you are purchasing or refinancing a home, your lender will quote you an interest rate for your loan. The interest rate will affect your…

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Don’t Mess With Your Credit

You have been dreaming about owning your own home for years and now that you have found the perfect home, don’t lose it by messing with your…

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What is Escrow?

Going through the mortgage process, you’re bound to hear a few terms that make you say “What in the world is that?” One of these things migh…

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The Mortgage Loan Process

Buying a home can be scary and overwhelming. If you are a first-time homebuyer, you may be intimidated by the whole process. Let’s review th…

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