Monday, April 28th, 2008

Understanding the basics behind your mortgage payment

If you’re shopping for a mortgage loan, you may want to start by learning the basic components behind your mortgage payment. Understanding what goes into your mortgage payment, can help you make a smart decision about the mortgage loan that’s right for you.

What’s in a mortgage payment?

Your mortgage payment consists of more than just principal and interest. In fact, there are several different components that factor into your mortgage payment. Mortgage payments are made up of four different parts – principal, interest, taxes and insurance (collectively known as “PITI”). (more…)

Monday, April 28th, 2008

The Mortgage Process from Countrywide

Understanding the Mortgage Process

At Countrywide, we strive to make the process of securing a mortgage loan simple. But before you start the mortgage application process, learn about the basic steps involved in obtaining a purchase, refinance or home equity loan. (more…)

Monday, April 28th, 2008

Mortgage Information and FREE Mortgage Resources from Countrywide Home Loans, a Division of Countrywide Bank, FSB

If you’re shopping for a mortgage, whether it’s for a home purchase, refinancing your existing loan, or getting a second mortgage, you’ll probably start by researching your options to find the best choice for your needs. Countrywide provides FREE resources to help educate consumers on mortgage topics to help consumers make the right decision. (more…)

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