What does ‘Principal’ mean in a mortgage?
Principal refers to the initial mortgage amount taken against the property you mortgaged.
Learning Lab / Category: Purchase
Category: Purchase
Buying a new home? Why a ‘Pre-approval’ can help you with your search.
A pre-approval denotes an official letter from the mortgage lender outlining the maximum mortgage amount they are willing to lend you.
Family Office in Asia purchases Multi-Family residential building in San Francisco.
Family Office in Asia purchases Multi-Family residential building in San Francisco
U.S. Expats private banker in Hong Kong purchases second home in South Carolina.
An existing client referred this client, and he reached out to us to enquire about our U.S. citizen mortgage programs as he thought we only offer Foreign National mortgages.
How Do You Document Your Income?
A documentation loan is any loan that requires full information substantiating a borrower’s claims of income and assets to gain financing.
Amortization – How to choose between 10 or 30 year options?
When you acquire a mortgage, the lender divides the repayment schedule into several monthly installments over a fixed period.
Definition of ‘Assets’ on Loan Application Form 1003
Assets refer to a wide variety of items you own that have a monetary value.
Advantages Of Investment Mortgage Loans Over Cash Purchases
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
American hotel executive in Toronto purchases home in Austin for rental income.
This client was the General Manager of the top luxury hotels in Toronto.