What Is Equity?
http://videotap.wistia.com/medias/mdtpt40pxl?embedType=async&videoFoam=true&videoWidth=640 Equity is the value YOU own in property such as a house. It’s the difference between what’s OWED and what the property is WORTH in the current...
What Are Real Estate Commissions?
http://videotap.wistia.com/medias/yevkd1svko?embedType=async&videoFoam=true&videoWidth=640 Like the video says - real estate agents aren’t paid by the hour!They’re paid a percentage of the purchase price in a successful real estate...
What Is “Prime”?
http://videotap.wistia.com/medias/q5p3km3g4d?embedType=async&videoFoam=true&videoWidth=640 The Prime Lending Rate - sometimes just called “Prime” - is the interest rate that banks charge each other for overnight loans. Some consumer...
What Steps Need To Be Taken To Secure A Loan?
http://videotap.wistia.com/medias/hmteiqur6q?embedType=async&videoFoam=true&videoWidth=640 You’ll see some pictures in this video to help you remember later, but the first step in securing a loan is to complete a loan application. To do so, you'll need...
What Is An Escrow Account? Do I Need One?
http://videotap.wistia.com/medias/2ks3mcqxim?embedType=async&videoFoam=true&videoWidth=640 As we show you in this video, an escrow account is an account, established by your lender, to set aside a portion of your monthly mortgage payment to cover annual...
What Are Discount Points?
http://videotap.wistia.com/medias/7mnm92174u?embedType=async&videoFoam=true&videoWidth=640 Discount points allow you to lower your interest rate. While this video simplifies things to help you remember, “points” are essentially prepaid interest...
