What On Earth are Standard Charge Terms???
Did you ever wonder what that long sheet of paper the lawyer hands you when you sign for your mortgage is? It says “Standard Charge Terms” on the top and has lots of legal jargon and fine print that just boggles the mind! Here’s what it means…. This document contains the rules by which the financial institution is […]
Understanding Basic Mortgage Terminology Can Relieve Stress
Getting a mortgage can be a stressful experience. There is so much to know and understand including some pretty confusing terminology like the difference between term and amortization. Understanding what the mortgage professional is talking about can make the process a whole lot easier. Here are some mortgage related definitions – And by the […]