A construction loan is a short-term loan that is used primarily for homeowners or real estate developers to build property if they do not have the proper capital to build it. Most of these loans last up to a year,[...]

An FHA loan is a loan used to buy a home, and is insured by the Federal Housing Administration (FHA). An FHA loan can be considered as a form of financial assistance from the federal government, helping low-income individuals with[...]

Mortgages, or mortgage loans as they are officially titled, are loans where the security is real estate. In other words, a mortgage pledges a piece of property as collateral for a loan. Mortgages are documented through mortgage notes, which act[...]

A reverse mortgage is a form of a loan that enables home owners to obtain cash by securing the loan against their home’s equity. The home owner may access the home’s equity in a lump sum payment or by monthly[...]

A mortgage is basically an agreement; if you fail to perform an agreed upon duty, you have to give up an interest in something. For example, if you fail to repay your home loan, you have to give up your[...]