Buying a home is undoubtedly one of the biggest purchases you will make in your lifetime. It’s important to thoroughly research ahead of time, especially as you begin the mortgage process and working with lenders in the Washington DC area. However, finding a lender you trust can be a process in itself, not to mention remembering to […]
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Understanding Mortgage Terminology
When it comes to applying for a mortgage, it can be difficult to get the lingo. Many people, understandably, feel overwhelmed by the many regulations before them. If you’ve heard about ‘amortization’ and aren’t clear on its meaning, we’ll explain. What Is Amortization? This means paying off the principal through regular payments. You can usually […]