Everything you need to know about home loans in one place. Use our "frequently asked questions" section to learn everything about mortgages, refinancing, home equity lines of credit and more.
The term loan origination encompasses the process that begins when a borrower applies for a new loan, through the processing of the application by the lender, and ultimately ends with either an approval and disbursement of funds, or a declination. If the loan is approved, the loan origination date is the date at which the loan is funded.
Read MoreMaybe you’ve been scouring the web for home listings in your area, but how long does it actually take to buy a house once you’ve decided you’re ready? It’s an excellent question -- especially because the length of the home buying process can vary significantly. It all depends on the area you want to buy a home in, your eligibility, and several other variables.
Read MoreThe actual definition of escrow, in law, is a bond, deed, or document held by a third party -- and this bond, deed, or document will take effect only when specific conditions have been met. During a home sale, escrow is the organization or use of a third party who ensures the buyer and seller meet specified requirements of the sale.
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