What Is a Co-Borrower on a Mortgage?

what is a coborrower mortgage

Homebuyers use a co-borrower mortgage when they need more than one income to qualify for a mortgage. Co-borrowers can be a couple, but they don’t[…]

What Is a Primary Residence?

Primary Residence Definition

A primary residence is a home that you live in a majority of the time. Understanding the official primary residence definition and how lenders and the[…]

What Is Escrow and How Does It Work?

what is escrow

When you make an offer on a home or take out a mortgage, you might need an escrow account to set aside money for certain payments and ongoing costs.[…]