Forney Mortgage, Refinance, and Home Equity Advice

Today, December 10, 2009

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Mortgage terms a to z

The world of mortgage finance is fraught with jargon—some of it legalistic, some from the banking industry, some from Wall Street, and much of it from the offices of real estate brokers and appraisers. Here we attempt to demystify at least one term for...

By Trulia Staff | 1 Comment

Home equity loans: the types, pros, and cons

A home equity loan uses a borrowers "equity" in a home as collateral. The term generally refers to a loan taken out after the home has been owned for a while. The owner signs a mortgage, pledges his home as collateral, and walks away with a check. But technically,...

By Trulia Staff | 2 Comments

Why you need pre-approval letter

"Trust but verify" was a popular expression in the Cold War, conveying the need to hold nations true to claims about their own nuclear arsenals. The same principle applies to you as a home buyer when you make claims about your ability to buy. To verify your...

By Trulia Staff | 2 Comments

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