Related FAQs
Learn what a mortgage gift letter is and how it helps lenders confirm that the gifted funds for a down payment or closing costs are not counted as debt. Read more
Learn what a mortgage gift letter is and how it helps lenders confirm that the gifted funds for a down payment or closing costs are not counted as debt. Read more
What is MIP (Mortgage Insurance Premium)? Learn this & how itâs calculated for FHA loans, how it differs from PMI, & how it's factored in your monthly payment. Read more
What is MIP (Mortgage Insurance Premium)? Learn this & how itâs calculated for FHA loans, how it differs from PMI, & how it's factored in your monthly payment. Read more
Learn about the appraisal process and how property types like single-family homes, condominiums, and multi-family homes can affect the appraisal report. Read more
Learn about the appraisal process and how property types like single-family homes, condominiums, and multi-family homes can affect the appraisal report. Read more