Please explain the terms of an adjustable rate mortgage (ARM). The margin is 2.25, caps are 2/2/5, the index is LIBOR and it is a 5/1 ARM. The rate is fixed for the first five years of the mortgage, and will adjust 1 time at
Jun 16, 2014 |
Jun 12, 2014 |
Congratulations to Charlie (pictured: right) & Teri Nunley on the purchase of your new home. Thank you to Debbie Curling who closed the loan with Basnight & Kinser. And a special thank you to sr mortgage consultant Michelle Phillips (p
Jun 09, 2014 |
We would like to refinance. We currently have an adjustable rate in the high 2% range along with an equity line. We would like to consolidate both loans. We are planning to sell the home in about 3 years, what option do we have? &
Jun 06, 2014 |
Jeff Ainslie, a Tidewater Home Funding Board Member and President of Sales, Operations & Finance for Ainslie Group, will be honored by LEAD Hampton Roads on Thursday, June 19th. Ainslie will receive the 2014 Visionary Leaders - Distinguished Lea
Jun 05, 2014 |
You may know a home loan requires a down payment and that the amount depends on the loan program you choose. You may not know all down payments must be properly sourced. What does that mean? - If the money is a gift, you need a letter f
Jun 04, 2014 |
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