admin, Author at Scotts My Guy

Home Inspector

A home inspector examines a property to identify any broken, [...]

Home Inspectoradmin2024-09-04T15:33:51+00:00

A high-ratio mortgage is a type of mortgage where [...]

High-Ratio Mortgageadmin2024-09-26T16:59:22+00:00

The percentage of gross income allocated for payments of [...]

Gross Debt Service Ratio (GDS)admin2024-09-04T15:29:43+00:00

Foreclosure is a legal process where a lender takes [...]

Foreclosureadmin2024-09-04T15:29:40+00:00

A fixed-rate mortgage offers a locked-in interest rate that [...]

Fixed Mortgage Interest Rateadmin2024-09-04T15:29:22+00:00

A status certificate, also known as an estoppel certificate, [...]

Estoppel Certificate (or certificate of status)admin2024-09-04T15:29:10+00:00

Equity is the difference between the price for which a [...]

Equityadmin2024-09-04T15:28:56+00:00

The portion of the price of a home that is [...]

Down Paymentadmin2024-09-04T15:22:48+00:00

Money placed in trust by a home buyer when making [...]

Depositadmin2024-09-04T15:22:41+00:00

Failing to make a mortgage payment on time can lead [...]

Delinquencyadmin2024-09-04T15:22:33+00:00