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  HOME ABOUT US FAQ RESOURCE CENTER CONTACT US LOCATE MORTGAGE LENDERS January 05, 2009

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Mortage Terms


  > Radon
A radioactive gas found in some homes that if occurring in strong enough concentrations can cause health problems.
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  > Premium
An amount paid on a regular schedule by a policyholder that maintains insurance coverage.
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  > Home inspection
An examination of the structure and mechanical systems to determine a homes safety makes the potential homebuyer aware of any repairs that may be needed.
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Did You Know?    
 
 
Lender Will Usually Require Mortgage Insurance
If your down payment is less than 20% of the value of the house the lender will usually require mortgage insurance. The insurance policy covers the lender’s risk in the event that you do not make the loan payments. Typically you will pay a monthly premium along with each month’s mortgage payment. Your private MI can be canceled at your request in writing when your reach 20% equity in your home.

 

 
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Contact our Ohio Mortgage Lenders


If you live in the following cities and need a mortgage lender you should contact our Ohio mortgage lender as soon as possible:

  • Alliance
  • Ashtabula
  • Barberton
  • Beachwood
  • Bowling Green
  • Brunswick
  • Canton
  • Chillicothe
  • Cincinnati
  • Cleveland
  • Columbus
  • Dayton
  • Delaware
  • Dublin
  • Eastlake
  • Elyria
  • Fairborn
  • Fairfield
  • Findlay
  • Grove City
  • Hamilton
  • Hilliard
  • Kent
  • Lakewood
  • Lancaster
  • Loveland
  • Marion
  • Mason
  • Massillon
  • Medina
  • Mentor
  • Middletown
  • Newark
  • Painesville
  • Reynoldsburg
  • Sandusky
  • Stow
  • Toledo
  • West Chester
  • Westerville
  • Wooster
  • Xenia
  • Youngstown
  • Zanesville
       
 
Did You Know?    
 
 
Lender Will Usually Require Mortgage Insurance
If your down payment is less than 20% of the value of the house the lender will usually require mortgage insurance. The insurance policy covers the lender’s risk in the event that you do not make the loan payments. Typically you will pay a monthly premium along with each month’s mortgage payment. Your private MI can be canceled at your request in writing when your reach 20% equity in your home.

 
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Ohio Audio & Video    
 
  Brokers Urge New Scale For Jumbo Mortgages
Audio, RM, 48 Kbps, 2:58:00 AM, 8/19/2005

Reporter Scott Horsley reports on federally sponsored underwriters Fannie Mae and Freddie Mac back mortgages up to $369,000. Without federal underwriting, home buyers pay a higher interest rate.
Source: National Public Radio
 
 
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