Homeowners Insurance – Why is this important in the Loan Process.
Homeowners insurance is the insurance policy that ensures the protection of a home and its belongings from specific damages.
Learning Lab / Category: Commercial
Category: Commercial
What is an ‘Adjustable-Rate Mortgage (ARM),’ and how is it used?
An adjustable-rate mortgage (ARM) refers to a mortgage with variable interest rates, which change regularly after an initial period.
What is a ‘Fixed-Rate Mortgage’ vs. an Adjustable-Rate Mortgage?
A fixed-rate mortgage keeps the interest rate fixed throughout the loan term.
German pharmaceutical company buys warehouse for U.S. headquarters and expansion.
The client was referred to us by a private bank in Zurich.
What does ‘Principal’ mean in a mortgage?
Principal refers to the initial mortgage amount taken against the property you mortgaged.
Family Office in Asia purchases Multi-Family residential building in San Francisco.
Family Office in Asia purchases Multi-Family residential building in San Francisco
What is an Escrow?
Escrow refers to a financial account in which the funds are managed by an intermediary like a law firm or dedicated escrow company on behalf of the two parties committed to a dealing or transaction.
What is an Appraisal – and how is it used in a mortgage?
An appraisal is simply an ‘official’ assessment of a property value.
Capitalization Rate or CAP rate – What is it, and how is it used?
In short, a CAP rate on a commercial property is simply a way for investors, lenders, and other real estate professionals to quickly see the strength of the subject property and the likely one year