Useful Tips

Useful Tips What is an escrow account? A mortgage escrow account, also known as an escrow impound account, is a financial arrangement established by a lender to hold funds on behalf of a borrower to pay certain expenses related to the mortgage loan. It is a separate account that is typically managed by the m...

Useful Tips I want to buy a home? Where do I start? Congratulations!  We are so happy to help guide you through the home buying process.  Here are the steps to buying a home: Get ready. This includes getting your finances in order, understanding the home buying process, and finding a real estate agent. ...

Useful Tips Federal Housing Administration announces significant decrease in mortgage insurance premium for certain FHA-insured mortgages On February 1st, 2023, the Federal Housing Administration (FHA) announced a decrease in the annual mortgage insurance premium (MIP) for certain FHA-insured mortgages. This...

Harriet – a.k.a. my mom – used to preach to me, “Never put off until tomorrow what you can do today.” She pulled out that old adage to nudge me to do something she wanted done now, but that I, in all honesty, didn’t really care to do – today or tomorrow, for that matter. In contrast to her anti-procrastination advice, to av...