Category : mortgage : Insurance

What Is a Gap Mortgage?

mortgage
A gap mortgage, also known as a "bridge" or "swing" loan, is a real estate loan obtained to cover the transition between selling a current home and buying a new home. While it is not always necessary for a buyer to obtain a gap mortgage when transitioning between homes, this type of loan exists to a

Define Mortgage Rates

mortgage
Although television and radio commercials tout mortgages and refinances with a range of rates, all described as being great deals, without understanding what goes into the rate, it is hard to judge just how attractive a deal may be. In addition, not only do mortgages have different rates, but they a