Educational Archives | Page 3 of 8 | Garden State Home Loans | NJ

What is an Easement?

What is an Easement? An easement is a property right that gives a holder nonpossessory interest in someone else’s land.... read more →

Recycling 101

Recycling is important. However, sometimes we are unsure about what we can and cannot recycle. Your community may have certain... read more →

How to Make A Budget

No matter if you’re earning three figures, have a variable income, or are living paycheck to paycheck, budgeting is important.... read more →

Haunted Florida

Looking for a good scare in Florida? Here are five hair rising horrors to get you in the Halloween spirit.... read more →

Haunted Connecticut

Though Connecticut may be small, there is no shortage of good scares. Here are five haunted hotspots for a Halloween... read more →

Haunted Colorado

Here is your guide to the spookiest haunts in Colorado. The 13th Floor Haunted House – Denver, CO The 13th... read more →

Haunted New York

Here’s your guide to Halloween haunts in New York. Rolling Hill Asylum – East Bethany, NY Established in 1827, Rolling... read more →

Haunted Pennsylvania

Here’s your guide to Pennsylvania haunts for this Halloween season. Terror Behind the Walls – Philadelphia, PA Terror Behind the... read more →

Florida Wineries

Florida is known for many things: great beaches, warm weather, Disney World, and so much more! Wine might not be... read more →


Define: dwelling Definition: A dwelling is a residential structure that contains one to four units, whether or not that structure is attached... read more →


Define: underwriting Definition: Underwriting is the process used to determine loan approval. It involves evaluating the property and the borrower's credit and... read more →


Define: tolerance Definition: Tolerance  is the degree to which state closing costs can vary between the Loan Estimate and the Closing... read more →

third party providers

Define: third party providers Definition: Third party providers are settlement providers other than the lender including the title company, hazard insurance company,... read more →

subprime mortgage

Define: subprime mortgage Definition: A subprime mortgage is a loan that is meant to be offered to prospective borrowers with impaired credit records.... read more →

subordination definition

Define: subordination Definition: Subordination is the act of lowering the priority of a mortgage lien.

subordinate loans

Define: subordinate loans Definition: Subordinate loans are any mortgage priority than the first mortgage. This includes a second mortgage at the time... read more →


Define: settlement Definition: A settlement is the process of completing a loan transaction at which time the mortgage documents are signed and... read more →

secondary market

Define: secondary market Definition: The secondary market is the market in which mortgage loan and mortgage-backed securities are bought and sold.

residential mortgage loans

Define: residential mortgage loans Definition: A residential mortgage loan is a mortgage on the consumer's dwelling to finance the acquisition or initial... read more →


Define: referral Definition: A referral is any oral or written action directed by a person in order to influence the selection of... read more →

rate lock agreement

Define: rate lock agreement Definition: A rate lock agreement is an agreement in which an interest rate is locked in or guaranteed... read more →
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