-
-
How To Be Prepared for a Real Estate Transaction?
People always ask what documentation they should have available to start the mortgage process. It’s a great question because most of the time once the process gets started borrowers are scrambling to get documents together and it can be intimidating. The type of documentation you will need will largely depend...
-
What is an Escrow Account and Why Does It Matter?
Real Estate an escrow account is a third-party bank account created to hold funds for a particular transaction. When purchasing a home, the escrow is where the Earnest Money Deposit (EMD) is stored throughout the duration of the transaction until the loan closes. After closing, the deposit will then be...
