If you are looking to take out a mortgage or getting financing for a home, you may be overwhelmed by the loan options. Learning the difference between all the loan types and trying to pick the best one for your situation can be easy if you know all the details. Each loan has different benefits…

When you purchase a house, you will probably see two different interest rates, the mortgage interest rate and the Annual Percentage Rate. But what is the difference?  Both numbers represent the cost of borrowing money from the lender but are calculated differently. Understanding both terms when shopping for a mortgage is important so you can…