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What Is A Loan Payoff Letter?

What Is A Loan Payoff Letter?

Are you selling a home in Cape Coral or Fort Myers that has a mortgage on it?   You may end up hearing the terms “Payoff” or “Payoff Letter” in the sales process of your property. This letter, issued by the lender, states a precise payoff...
What Is A Qualified Mortgage?

What Is A Qualified Mortgage?

  Do you know what a qualfied mortgage means in the Fort Myers and Cape Coral areas? As this video explains,  Federal laws put into effect in 2014 and  supervised by the Consumer Financial Protection Bureau define lending practices and loan terms for a new...

What Factors Affect Mortgage Payments?

  Looking to buy property in the Fort Myers or Cape Coral areas? Curious about what factors can impact your mortgage payments on that property? Well, as this story shows, the amount of the down payment, the size of the mortgage loan, the interest rate, the length...
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