What Types Of Mortgage Loans Are Available?
http://videotap.wistia.com/medias/1n97mcbzr7?embedType=async&videoFoam=true&videoWidth=640 This video tells you about the most common types: Fixed Rate, ARM, Balloon and 2-Step. First, Fixed Rate Mortgages: Payments remain the same for the life of the loan...
What Is Loan To Value (LTV) And How Does It Affect The Size Of My Loan?
http://videotap.wistia.com/medias/ee1kr5byvh?embedType=async&videoFoam=true&videoWidth=640 While this video simplifies things to help you remember, the loan to value ratio is the amount of money you borrow compared with the price or appraised value of the home...
What Is A Mortgage?
http://videotap.wistia.com/medias/uw0akp0boh?embedType=async&videoFoam=true&videoWidth=640 The original phrase “mort gage” translates as “death pledge”! But as this video explains, a mortgage is a loan obtained to purchase real estate....
What Factors Affect Mortgage Payments?
http://videotap.wistia.com/medias/k03l52yzwa?embedType=async&videoFoam=true&videoWidth=640 Well, as this story shows, the amount of the down payment the size of the mortgage loan, the interest rate the length of the repayment term and payment schedule will all...
How Large A Down Payment Do I Need?
http://videotap.wistia.com/medias/6z1ah7uvgg?embedType=async&videoFoam=true&videoWidth=640 There are mortgage options now available that only require a down payment of 5% or less of the purchase price. You’ll see some pictures in this video to help you...
Are There Special Mortgages For First-Time Homebuyers?
http://videotap.wistia.com/medias/59cu7tdgeb?embedType=async&videoFoam=true&videoWidth=640 Yes. Like the video shows, lenders now offer several affordable mortgage options which can help first-time homebuyers overcome obstacles that made purchasing a home...
What Are “Home Warranties”, And Should I Consider Them?
http://videotap.wistia.com/medias/v0ky4qndrz?embedType=async&videoFoam=true&videoWidth=640 You’ll see some pictures in this video to help you remember later, but essentially, home warranties offer you protection for a specific period of time, such as one...
What About A Home Located In A Flood Plain?
http://videotap.wistia.com/medias/hi5pbu1b0h?embedType=async&videoFoam=true&videoWidth=640 A flood plain is an area of land adjacent to a stream or river that experiences flooding during periods of high discharge. Watch this video and it’ll make sense....
What Is Earnest Money, And How Much Should I Set Aside?
http://videotap.wistia.com/medias/e7zqm6zkat?embedType=async&videoFoam=true&videoWidth=640 Like the video shows, “earnest money” is money you put down to demonstrate your seriousness about buying a home. It must be substantial enough to demonstrate...
What Does A Home Inspector Do, And How Does An Inspection Figure In The Purchase Of A Home?
http://videotap.wistia.com/medias/s6g1v7x0jb?embedType=async&videoFoam=true&videoWidth=640 As we show you in this video, an inspector checks the safety of your potential new home. Home Inspectors focus especially on the structure, construction and mechanical...