Selling a home can be a nerve-wracking experience. If you are planning to be in the home when there are... read more →
As a buyer, there are always things going through your mind as you walk through a house that could possibly... read more →
What is verification of income and assets? We're provided a short answer for you in this post...but we'd be happy... read more →
For accurate and convenient New Jersey home loan rates, Garden State Home Loans has the tools for you. Founded in... read more →
It can be tough to obtain the best home loan with so many options available in South Jersey home loan... read more →
Garden State Home Loans continues to be among the top rated South Jersey mortgage companies. Located in Cherry Hill, our... read more →
Garden State Home Loans is your local and trusted choice for New Jersey home loan refinancing. From our office in... read more →
Garden State Home Loans is the professional team to call for New Jersey home loan information. Our office is based... read more →
Do you need to choose between pre-approval vs pre-qualification? The two sound similar in nature, but there's an importance difference... read more →
The newest trend in the housing market is flipping houses. Just look at all the shows on HGTV that... read more →
Short sales vs foreclosures? Both are often viable options made available to people behind on their mortgage payments, have a... read more →
Rent-to-own vs Mortgages - what is the difference? Home ownership is an important step in everyone’s lives. When it’s... read more →
Are you using a local lender or one of those nationally advertised mortgage companies? We have all heard the term... read more →
Buying a house can be a stressful experience that often throws unexpected curve balls. You'll likely come across numerous suggestions... read more →
There have been a lot of calls and emails regarding the Federal Tax Cut and what the markets are doing.... read more →
The Mortgage Process Have you ever wondered about what steps your loan goes through before closing? Wonder no more! Here... read more →
Down Payment A down payment is a type of payment made in cash at the beginning of the purchase of... read more →
Jumbo Loan Myths A jumbo loan is a home loan that exceeds conforming loan limits. Jumbo loans are often used... read more →
FHA 203(k) Rehab Loan An FHA 203(k) rehab loan is also known as a renovation loan. It allows homebuyers to... read more →
The Tax Bill and Homeownership The House and the Senate have agreed on a compromise plan for the tax bill.... read more →
Tenants-in-common Tenants-in-common is an arrangement that is characterized by multiple people deciding to purchase one property together. This can be... read more →
Credit Counseling Credit counseling is used to help debt settlement through education, budgeting, and other tools to help reduce and... read more →
What is Bitcoin? Bitcoin, created in 2009, is a cryptocurrency that exists in a digital form. Recently, Bitcoin has become... read more →
Underwriting Once a loan goes through the loan processor, it is handed off to an underwriter. During the mortgage underwriting... read more →
Eviction Eviction is a landlord’s legal removal of a tenant from a rental property. There are many different reasons why... read more →
Verification of Employment When applying for a mortgage loan, a lender will have to verify your employment. The lender needs... read more →
Basis Points What are basis points? Basis points are a common unit of measurement for interest rates. A basis point... read more →
Paying off your mortgage early Paying off a mortgage early is something that many borrowers may be interested in. However,... read more →
How does foreclosure work? Foreclosure occurs when a borrower fails to meet loan obligations. Foreclosure rights and procedures are different... read more →
Purchase-Money Mortgage A purchase-money mortgage is a loan that the seller of the property issues to the buyer. It is... read more →
Mortgage Lenders A confusing part throughout the mortgage process is confronting the many different types of lenders that deal with... read more →
Alt-A Mortgage An alt-A mortgage lands somewhere in between a prime and subprime mortgage. Borrowers who have higher credit scores... read more →
The Acceleration Clause An acceleration clause allows a lender to demand that a borrower pay back the entire loan at... read more →
Graduated Payment Mortgage A graduated payment mortgage (GPM) is meant for people who aren’t able to afford large monthly payments... read more →
Mortgage Reinstatement Mortgage reinstatement is the restoral of a mortgage to its original condition after a borrower defaults. This means... read more →
Selling a Home with More Than One Mortgage Selling a home with two mortgages is very similar to selling a... read more →
Balloon Mortgages A balloon mortgage is a type of mortgage in which you make normal monthly payments for a set... read more →
Underwater Mortgage Unfortunately, you never know what the housing market is going to do. Whatever the housing market is doing... read more →
Refinancing with a VA Loan The Veteran’s Administration loans, or, VA loans, are a home-mortgage option available to veterans, current or... read more →
Residential Mortgage-Backed Security A residential mortgage-backed security, or RMBS, is a type of mortgage-backed debt obligation. The cash flows come... read more →
What are lender credits? Not everyone has the ability to pay the closing costs. If you are in the position... read more →
Subprime vs Prime Mortgages There are two major categories for loans for borrowers, prime mortgages and subprime mortgages. Subprime mortgages... read more →
What is a chattel mortgage? A chattel mortgage is a loan agreement where movable personal property is used as security... read more →
Delinquency and Mortgage The term delinquent describes something or someone that fails to accomplish what is required, such as failure... read more →
What is a second mortgage? A second mortgage, or junior lien, is a loan you take out using your house... read more →