Define: easement Definition: An easement is a right to the use of/access to land owned by another.
Define: disintermediation Definition: Disintermediation is the withdrawal of funds from savings accounts and into stocks, bonds, and real estate.
Define: discount points Definition: Discount points are a percentage of the loan amount paid to the lender to buy down the... read more →
Define: delinquent loan Definition: A delinquent loan happens when a mortgage payment in late.
Define: Constructive notice Definition: A constructive notice is a notice which is recorded in public records.
Define: creditor Definition: A creditor is any person or business who arranges for the extension, renewal, or continuation of credit.
Define: conveyance Definition: Conveyance is the act of transferring ownership interest in real property from one party to another. Additionally, conveyance refers... read more →
Define: consumer credit Definition: Consumer credit is a debt that a person incurs when purchasing a good or service. Consumer credit includes... read more →
Define: borrower capacity Definition: Borrower capacity is the borrower's ability to make their mortgage payments on time. This depends on income... read more →
Define: Chattel Mortgage Definition: A chattel mortgage is a mortgage on a personal property.
Define: average prime offer rate Defintion: An average prime offer rate (APOR) is the annual percentage rate that is derived from average... read more →
Define: What is an assumable mortgage? Definition of assumable mortgage: An assumable mortgage is a mortgage loan that can be taken over... read more →
Define: What does a real estate appraiser do? Definition: An appraiser is the individual performing the appraisal. When the property is... read more →
Define: Actual Notice Definition: An actual notice is a notice which is not recorded in public records.
An adjustable rate mortgage (ARM) is a type of mortgage loan where the interest fluctuates as market rates fluctuate. Your... read more →
What is a Septic Inspection? A septic inspection examines your home's septic system — a private, on-site waste disposal system that... read more →
While you can legally refinance at any time, there may be some costly consequences to this decision. When considering refinancing,... read more →
In 1974, Congress passed the Equal Credit Opportunity Act, under President Gerald Ford. The Equal Credit Opportunity Act (ECOA) makes... read more →
As children, we all dreamed of having our very own treehouse, and the lucky ones had their dreams fulfilled. As... read more →
What is the Difference Between Mobile Homes and Modular Homes? Many people believe that mobile and modular homes are the... read more →
House hunting is both an exciting and daunting task. Many home buyers are so excited with their final choice for... read more →
Modern trends are always changing and evolving and have a great impact on home design. Today's generation is embracing what... read more →
News provided by Garden State Home Loans, Inc. NMLS#473163 CHERRY HILL, New Jersey, September 8th, 2017 - Garden State Home... read more →
Did your mortgage application get denied? Before you count yourself out for mortgage eligibility, read up on the latest changes... read more →
A home appraisal is a report that assesses and estimates a home's true value. During the mortgage application process, the... read more →
Unfortunately, hurricane season is inevitable. Here's a hurricane preparedness checklist to keep handy in the event a storm is headed... read more →
After two years of house hunting, Jay-Z and Beyoncé have finally found their dream home! A 30,000 square foot Bel... read more →
It's that time of year again, time to go back to school. Whether your move-in day is still approaching or... read more →
Location is a major factor to consider when purchasing a home. Whether you're looking to buy your first home or... read more →
Many people desire to own a home not only to invest in a property, but also to create priceless memories... read more →
Breakdown of Home Inspection Costs Looking to buy a home? Already have one in mind? That's great! All you need... read more →
VA Loans are offered by the Department of Veteran's Affairs (VA) and are intended to help veterans, active service members,... read more →
Buying a home for the first time is a huge deal. Looking for the perfect location for your first home can... read more →
Whenever you do something that requires pulling your credit report, such as applying for a loan, your credit report gets... read more →
While mortgages of some sort have existed throughout history, the current mortgage industry looks very different from the past. The... read more →
After signing a contract on a home you just purchased, you'll need to have the home inspection completed. It's an... read more →
When thinking of how to spruce up your home, concerns about the garage door rarely come to mind. However it... read more →
Changing or rekeying locks might not be the first thing on your mind when moving into a new place. In... read more →
Settling into a new home can be, paradoxically, both busy and relaxing, as you pack and unpack boxes before finally... read more →
Homeowners in Connecticut pay some of the highest property taxes in the country. The average effective property tax rate is... read more →
Different loan programs target different buyers. A mortgage application assesses many aspects of your financial situation, such as your debt-to-income... read more →
Thursday, August 10th, started off like a normal work day at Garden State Home Loans. Then it turned into a... read more →
Here's a list of NJ property tax rates. The local government in New Jersey administrates all property taxes and the... read more →
During the hot summer months, you may be tempted to crank up your air conditioning. However, this results in high... read more →
During the home buying process, home appraisers and home inspectors are both crucial when evaluating a home. For a buyer,... read more →