Homeowner Education

A mortgagee clause is a provision in a homeowner’s insurance policy that identifies the mortgagee (lender) as a party with a financial interest in the

A mortgagee is the lender in a mortgage transaction. This is the party that provides the loan used to purchase or refinance real property and

A mortgage lender is a financial institution or qualified organization that provides funds to borrowers for the purpose of purchasing, refinancing, or otherwise securing real

A grantee is the individual or legal entity that receives ownership rights, interest, or title to a property through a legally executed document known as

The Loan-to-Value Ratio (LTV) is a key financial metric used in real estate and mortgage lending to measure the relationship between the loan amount a

A Closing Disclosure is a detailed, standardized document provided to homebuyers and homeowners refinancing a mortgage that outlines the final terms of their loan, all

Caveat emptor is a Latin phrase meaning “let the buyer beware.” It represents a traditional legal doctrine used in real estate and consumer transactions in

A mandatory disclosure refers to legally required information that must be provided by a seller, landlord, or other party during a real estate transaction or

A mortgage statement is a detailed financial document provided by a lender to a homeowner that outlines the current status of their mortgage loan. It