Mortgage Deferral: What It Is and How It Works

Mortgage Deferral: What It Is and How It Works

Mortgage deferral is a financial relief option that allows borrowers to temporarily pause or reduce their mortgage payments during times of economic hardship. This measure provides critical support for homeowners facing unexpected financial challenges, such as job...
How Loan-to-Value (LTV) Affects Your Mortgage Options

How Loan-to-Value (LTV) Affects Your Mortgage Options

In the realm of mortgage lending, your Debt-to-Income Ratio (DTI) plays a pivotal role in determining your borrowing capacity and financial health. Essentially, your DTI is a measure of how much of your income goes towards debt repayment each month, and lenders...