Kashif Cheema 
Your Mortgage Statement Explained Key Points Your mortgage statement is a document that contains important details about your loan. You will receive a statement from your lender or servicer for each billing cycle, and it is a good idea to review each statement for accuracy. If you can access your statements online, you may get … Read more
Types of Mortgage Lenders and How to Choose Key Points Mortgage lenders finance the purchase, construction, or renovation of a property. They also offer mortgage refinancing and some other mortgages. Many types of lenders, including banks, offer mortgages through various channels, such as correspondents, directly or wholesale. Some big mortgage names (e.g., Fairway and Rocket … Read more
Key Mortgage Terminology to know: A Guide to Commonly used phrases If you’re financing a home purchase, it’s important to understand mortgage terminology. But becoming fluent can feel like learning a new language. To help, here’s our guide to key mortgage terms and conditions, from A(PR) loans to V(A) loans, to demystify the process and … Read more
Mortgage lien: What They Are and How They Work Key Points Mortgage liens are legal claims on property securing a mortgage. Property rights can be general or specific and voluntary or involuntary. The right to mortgage is express and voluntary. The priority of liens on a property determines which lien will be paid first in … Read more
Mortgage Rate Lock: What It Is and When You Should Use It Key Points A mortgage rate lock does just that: it prevents the mortgage rate from changing for a set period. Mortgage rates change frequently. A rate lock helps protect you from these fluctuations, so you won’t pay more if current market rates rise … Read more