What is the final property walk-through when you buy a home?

What is close of escrow, and what happens during this final step of buying a home? Understand how funds are transferred and how home ownership is finalized. Read more

A collateral mortgage means your home secures the loan as collateral. If you miss payments, the lender may repossess the home or claim ownership of the property. Read more

Learn what a flood certification is, why lenders require it, and how it determines whether your property is in a FEMA-designated flood zone requiring insurance. Read more