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What Is Included In A Monthly Mortgage Payment?
http://videotap.wistia.com/medias/p6g5hx7430?embedType=async&videoFoam=true&videoWidth=640 The monthly mortgage payment mainly pays off principal and interest. But most lenders also include local real estate taxes homeowner's insurance, and mortgage insurance,...
How Large A Down Payment Do I Need?
http://videotap.wistia.com/medias/qywhsyolny?embedType=async&videoFoam=true&videoWidth=640 There are mortgage options now available that only require a down payment of 5% or less of the purchase price. You’ll see some pictures in this video to help you...
What Factors Affect Mortgage Payments?
http://videotap.wistia.com/medias/w7cfnm3yy6?embedType=async&videoFoam=true&videoWidth=640 Well, as this story shows, the amount of the down payment the size of the mortgage loan, the interest rate the length of the repayment term and payment schedule will all...
What Is A Mortgage?
http://videotap.wistia.com/medias/8l40npuigc?embedType=async&videoFoam=true&videoWidth=640 The original phrase “mort gage” translates as “death pledge”! But as this video explains, a mortgage is a loan obtained to purchase real estate....
What Is Loan To Value (LTV) And How Does It Affect The Size Of My Loan?
http://videotap.wistia.com/medias/uqbp7xhclf?embedType=async&videoFoam=true&videoWidth=640 While this video simplifies things to help you remember, the loan to value ratio is the amount of money you borrow compared with the price or appraised value of the home...
What Types Of Mortgage Loans Are Available?
http://videotap.wistia.com/medias/wqcbrtu3is?embedType=async&videoFoam=true&videoWidth=640 This video tells you about the most common types: Fixed Rate, ARM, Balloon and 2-Step. First, Fixed Rate Mortgages: Payments remain the same for the life of the loan...
