Category : mortgage : Insurance

What Is an Assigned Mortgage?

mortgage
When people say a mortgage is assigned, they can mean different things depending on the management of the mortgage and the party being referenced. Assignment essentially means that a party is taking responsibility for the mortgage, and the contract specifies the obligations and role of each party, w

How to Refinance a New Home

mortgage
While refinancing a mortgage is a common process, it can be made difficult if your credit, income and home value on your application are sub-prime or near-prime. If you are a new homeowner, you probably do not have much equity in your property. Mortgage lenders use a ratio called loan-to-value (LTV)