Tag Archives: mortgage broker

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How to Finance and Build Your Dream Home

If you have always dreamed of building and living in the home you’ve helped design, it’s time to seriously consider putting your dream into action. In today’s mortgage market, a specially designed loan for just such a homeowner, the construction to perm loan, includes the construction loan to build the house, and the permanent loan […]

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Home Buyer and House Plan Terms and Definitions – Part V

Mortgage Broker – A broker who represents numerous lenders and helps consumers find affordable mortgages; the broker charges a fee only if the consumer finds a loan. Mortgage Commitment – A formal written communication by a lender, agreeing to make a mortgage loan on a specific property, specifying the loan amount, length of time and conditions. Mortgage […]

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