Find helpful tips and information for your mortgage process

Before you buy or sell a home, it is important to know the meaning of certain terms that might be brought up. Here is a list of 15 common mortgage terms that might come up in conversation in the home buying process:

Are you buying a new home? Have you decided to refinance your current mortgage? In both of these cases, you will most likely encounter a home appraisal. Obtaining an appraisal is an important factor in the transaction between a home seller and a home buyer.

Understanding how the appraisal process works will help you with the home buying or selling process as well as refinancing. Dee Ayers is a mortgage broker who is here to help you understand what an appraisal is and how it comes to play in your specific circumstance.

Content presented here is for informational purposes only. Every situation is different and you should consult with a mortgage professional before making any financial decisions. We will be happy to schedule a consultation to discuss your specific situation and needs.

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