The concept of a mortgage is quite simple. It’s basically a loan
for a home wherein the property itself is used as collateral.
Securing a mortgage, however, can be complex. The process may take more than a month, as several parties – from the escrow officer to the loan underwriter – work behind the scenes to put it all together.
A trusted RE/MAX real estate agent can recommend a reputable mortgage broker or lender and help you navigate through the process.
Contact Edie J. Short, Fairway Independent Mortgage Corp.
609-410-0793 or Edie@TheDennisTeam.com
*Some additional Monthly Costs for your home purchase include real estate taxes and homeowners insurance.Divide any other yearly expenses by 12 and add that amount to your monthly mortgage payment.