What Are Reserves? Reserves are liquid or near liquid assets that are available to a borrower after the mortgage closes. On every loan transaction, reserves are required to be verified as part of the approval process. Acceptable sources or reserves […]
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Mortgage Lending
Should I Pay Off My Rental Mortgage?
If I pay off my rental mortgage, my cash flow will definitely increase. It has been a year since I paid off my last mortgage, not literally my last mortgage, but the most recent one I paid off. My investment […]
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How To Get The Best Deal On A Mortgage
The single biggest debt/financing/liability/interest paid over time decision most people make, is choosing the best mortgage deal available, when buying or refinancing their home. So, what is the best way to do that? There is certainly no shortage of choices […]
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