Mortgage Resources

Credit Repair

Credit Repair

Is your credit affecting your loan approval? Is your interest rate on your mortgage going to be affected by your credit score? If you have not seen your credit score in a while, we are happy to inform you of your credit information as part of our standard loan application process. Often, we are able […] Read more

Words That We Use

Mortgage Glossary – Words That We Use (?)

Here is an alphabetical glossary or words commonly used in the mortgage business Adjustable-Rate Mortgage (ARM) A mortgage with an interest rate that changes during the life of the loan according to movements in an index rate. Sometimes called AMLs (adjustable mortgage loans) or VRMs (variable-rate mortgages). Adjustment Date The date that the interest rate […] Read more