Reverse Mortgages
Sandra Forscutt Mortgages Welcome To Our Mortgage Educational Blog About: What Are Reverse Mortgages? A reverse mortgage is a loan that allows homeowners to get money from their home equity without them having to sell their homes. Typically, the funds borrowed through...
The Risks and Benefits of a 5% Down Payment
Sandra Forscutt Mortgages Welcome To Our Mortgage Educational Blog About: The Risks and Benefits of a 5% Down Payment A down payment is a percentage of the purchase price that is required to be paid upfront when a buyer intends to secure a home loan otherwise known as...
Fixed-Rate Mortgage
Sandra Forscutt Mortgages Welcome To Our Mortgage Educational Blog About: Fixed-Rate Mortgages A Fixed-rate mortgage, like the name implies, is a home loan that employs a fixed interest rate throughout the mortgage term. In other words, the interest rate remains...
Fixed vs. Variable Interest Rate Mortgages
Sandra Forscutt Mortgages Welcome To Our Mortgage Educational Blog About: Fixed vs. Variable Interest Rate Mortgages Fixed and Variable interest rate mortgages are the two major types of mortgages. Lenders make their profit from the interests that are added on loans,...