Mortgage Guide 101
Your Guide To Home Buying
Mortgage Guide 101 was created to provide you with accurate and clear information about mortgages and how to negotiate mortgages with confidence.
We do not directly sell any type of mortgage products or mortgage services through this web site. We are also not affiliated with any mortgage or finance companies. We are here to provide information and help you navigate the maze of mortgage mumbo jumbo, as well as give you the inside scoop.
Mortgage Guide 101 will give you definitions of key mortgage terms. We'll explain what those mortgage terms mean in ordinary English. We'll give you tips, and sometimes point you in the direction of tools that will help in your search. We'll even tell a few war stories along the way.
Mortgage Guide 101 is an independent information source and our mission is to provide tips on helping you to get the right mortgage. In addition to those tips, you will also get access to trusted financial companies through the links at the top of each page.
Information on this site has been collected from many sources including: personal experience working inside and for financial services companies, as well as our own experience buying homes and negotiating mortgages. Feel free to contact us at our e-mail address if you have any mortgage questions or any Mortgage Guide 101 suggestions. We'll be happy to hear from you.
Remember, the most important thing is deciding you are ready to buy. Then, before you buy, take the steps to make sure what amount of mortgage you qualify for and with which lenders. Your mortgage 'pre-approval' will let you know what your price limit is when you are house hunting.
There are a multitude of online sites which can step you through the process of finding financing and even pre-approving you for a mortgage. It can save you a lot of footwork. Your online search is worth the time and effort. Even a partial percentage lower on your mortgage interest rate can mean thousands less in costs over the life of the mortgage.
We have some great information you should know, as a consumer, before you sign for a mortgage for your property. I'm sure you will find Mortgage Guide 101 helpful!