Category Archives: Mortgage Information

What Is Discretionary Income?

When applying for a mortgage loan, your lender will consider many financial factors, including discretionary [...]

What Is A Deed In Real Estate?

When you are purchasing a property, the terms “deed” and “title” will come up a [...]

What Is Mortgage Protection Insurance, And Is It Worth It?

Your home is a substantial financial commitment – one that you will be committing to [...]

What Do I Do If My Home Appraisal Comes In Low?

Before getting a mortgage loan, your lender will order an appraisal of the home to [...]

How Does Mortgage Interest Work?

At Merchant of Homes, we are dedicated to ensuring that you understand the ins and [...]

Government Vs. Privately-Backed Mortgage Loan

When you apply for a mortgage loan, you can qualify for either a government- or [...]

Buying A Home After Foreclosure

Foreclosing on a home in the past can be a painful memory. You may even [...]

What Is A Piggyback Mortgage?

Applying for a home loan that exceeds the conforming loan limits set by Fannie Mae [...]

Know the Difference: Jumbo Vs. Conforming Home Loan

Before you begin the process to buy a new house, you need to consider which [...]

Adjustable- Vs. Fixed-Rate Mortgages: What’s The Difference?

Homebuyers are keenly aware of interest rates on a home’s mortgage when searching for a [...]