Mortgage Information

July 13, 2022

Where Does the Money Come From for Mortgage Loans?

When you sign for a mortgage, it feels like the money comes from the lender whose name is on your paperwork. In most cases, though, that lender is only the first stop.

The lender originates, the market funds

Banks, credit unions and mortgage companies originate loans: they …

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June 15, 2022

The Biweekly Mortgage: Who Needs It?

You may have seen offers promising to save you thousands and cut years off your mortgage if you sign up for a biweekly payment program. The idea behind them is sound; the programs themselves are often unnecessary.

How biweekly payments work

Paying half your monthly payment every …

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