Ellijay Light Up: Holiday Season Begins Downtown
The town square lights come on and the season starts.
If part of your income comes from overtime, bonuses, commissions or seasonal work, lenders may view it differently than base pay. Here is how variable income is commonly evaluated for a mortgage.
After closing, your first mortgage payment may not be due for several weeks, and it may go to a company you have never heard of. Here is what to expect in your first months as a borrower.
Your mortgage payment may stay the same every month, but what it pays for changes over time. Here is how amortization works and why early payments are mostly interest.
When an appraisal comes in below the agreed price, buyers face a gap between what the lender will finance and what they promised to pay. Here is why it happens and the paths forward.
After you apply for a mortgage, your file goes to an underwriter. Here is what they look at, what conditions mean, and how to keep the process moving.
The long, fixed-rate, fully amortizing mortgage feels like a fact of nature, but it is less than a century old. Here is how Depression-era reforms created the loan most buyers use today.
Mortgage paperwork has its own vocabulary. This glossary defines the terms first-time buyers run into most, from amortization to underwriting, in plain language.
Freelancers, contractors and business owners can absolutely get mortgages, but the paperwork is different. Here is what lenders typically request and how to prepare your file.
A relative offers to help you qualify for a mortgage. Should they be a co-borrower or a co-signer? Here is how the roles differ, what each person takes on, and what to settle first.
Points and lender credits are two sides of the same trade: pay more upfront for a lower rate, or accept a higher rate for help with closing costs. Here is how each works.
The town square lights come on and the season starts.
Surveys, markers and why boundaries matter on acreage.
What to look for if the holidays matter to you.
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