A common question among borrowers is, “What is the origination fee?” Depending on the source, borrowers may receive different answers. However, it is actually straightforward. An origination fee is there to protect borrowers, ensure they have a smooth experience, and overall it is a benefit to them. A loan is not simply initiated and approved. … Continue reading What is an Origination Fee?
What is an appraisal? An appraisal, simply put, is a professional opinion of the value of your home. These evaluations are made by comparing similar homes in your area. It must be done by a company that is not directly affiliated with your mortgage company. Appraisals are not needed for all mortgage transactions. For example, … Continue reading Appraisal 101
We are proud to partner with an amazing organization in School on Wheels Indianapolis and assist in setting up over 400 kids for the upcoming school year! Thank you to all of our employees and their families for helping us pack over 200 backpacks during our recent #PackAPack event.