Blog Archives

What am I truly paying in my Mortgage Payment?

Many times in the process of the loan application we forget to answer the most basic questions, and many times the simple answer’s help to understand the process a little better.  For example:  Mortgage payment?  How is the payment separated out, when is it due, and how do they decide who has to have mortgage insurance and who doesn’t.  Below are just a few interesting facts about the “mortgage payment”. Read the rest of this entry