A Quick Guide to Private Mortgage Insurance

Signing papers

Just what is PMI, and why does it add a monthly or initial cost to your mortgage? Here is a quick guide to answer all your essential questions about private mortgage insurance.

How to Know if You’re Purchasing the Right Home

Family moving in new home

Purchasing a home is a big decision for any person or family. In addition to the financial commitment, you are also committing to a house that will be your home for several years, maybe even a lifetime. How do you know that it’s the right house?

5 Home Furnishing Mistakes First Time Home Buyers Make and How to Avoid Them

Home Interior

As a first time homeowner, furnishing your home can prove to be a rather daunting task, given there are a myriad things to consider before it acquires the appeal you envisioned. Most homeowners either underestimate or overestimate things like space, furniture, and even the ideal décor for their new home.

What Makes Up A Mortgage Payment?

Home sold

There are four components to a mortgage payment, and understanding how much of your payment goes to each can help you better understand when you will be able to pay it off.

Chantilly, Virginia Spotlight

Suburban home

Despite being smaller than other Northern Virginia towns, Chantilly is ranked one of the most secure and best places to live in America. This small town in Virginia has a population of nearly 25,000 people and is praised by many for its beautiful homes, growing job market, convenient amenities, and top-rated schools.

Parts of a Loan: The Closing Disclosure

Man signing papers

A closing disclosure is a document that lays out the terms of your loan in a way that easily allows you to double check and confirm that everything is correct.
The document is five pages long and will cover loan terms, projected payments, closing costs, a transaction summary and further information about your loan. Closing disclosures are made on standardized forms, so everyone gets the same information.