When executed correctly, mortgage refinancing can offer homeowners an opportunity for significant savings. Despite these obvious monetary benefits, many homeowners continue to miss out on refinancing opportunities. This is mainly because they have erroneous beliefs […]
A private mortgage is a primary form of agreement that is legally binding between two different parties: the lender and the buyer. The lending party in the case of a private mortgage is privately owned, […]
The term “amortization” comes from the Latin word “mort,” meaning death. It literally means to kill a loan. It commonly means to repay it, combined with interest, over a specified period.
When you shop for a […]