Franklin TN Bridge Loans – How Bridge Loans Work

Individuals selling one home and buying (or building) another can be challenged with reconciling both events, especially in competitive environments. Bridge loans may be a effective solution to this problem. The information that follows on Franklin TN bridge loans – how bridge loans work will help you understand this financing program. Franklin TN Bridge Loans […]

Franklin TN Home Equity Loan Options

There are several types of home equity loans. Some may be a better alternative than others based on your situation, interest rates, and what you need the loan for. The Franklin TN home equity loan options provided in this blog will help you understand your options. Home Equity Loan Types Cash-out Refinance A cash-out refinance […]

Components Of Franklin TN Monthly Mortgage Payments

It is useful to understand components of Franklin TN monthly mortgage payments for budgeting purposes. The acronym PITI is often used to remember the items included, which are principal, interest, taxes, and insurance. Not all loan payments will include every one of these items. It may vary based on your specific program. Components Of Monthly […]

Mortgage Good Faith Estimates For Franklin, TN Property Purchases

The Consumer Financial Protection Bureau is in charge of overseeing and enforcing regulations relating to finances. The Real Estate Settlement Procedures Act (RESPA) is a federal law that relates to property and mortgage transactions. One of the regulations under RESPA is the requirement that a Good Faith Estimate (GFE) be sent to all buyers who […]