Bringing You Home: Understanding Mortgage Insurance
April 29, 2010 by
Filed under mortgage insurance
Julie Horwath of the HomeOwnership Center talks with Lisa Enea of Adirondack Bank about demystifying the acronyms of lending in regards to mortgage insurance. PMI, MIP, FHA – what do these mean? Find out here. 4th in 12 of an educational series brought to you by UNHS NeighborWorks® HomeOwnership Center and sponsored by Adirondack Bank.
Understanding Reverse Mortgage
March 30, 2010 by
Filed under reverse mortgage
When it comes to helping our aging loved one with financial decisions, we want to make sure we take time to understand all aspects of the transaction. One option for seniors that is becoming very popular is to use the equity from their home to increase their cash flow. Some seniors need to pay off [...]
Understanding Mortgage Refinance Loan
March 27, 2010 by
Filed under mortgage refinance
Refinancing a mortgage is in some ways similar to getting your first mortgage, with a few important differences. Since you already own the home, you don’t have to go through a pre-approvals process or find a realtor and a home to buy. Unfortunately, you’ll still have a lot of paperwork to do, but savings thousands [...]