At Canopus we provide direction... we guide you, and advise you to help you achieve home ownership. We analyze your situation, goals, needs and … Read More...
Home Buying 101 Hearing the phrase “First Time Home Buyer” and knowing that you are one can be a little intimidating when you know nothing about it. After all, home buying is not part of everyday life. It is a big event. And it requires that you have some knowledge of the process to get… [Continue Reading]
Where the GFE discloses the entire transaction’s cost – the Truth-In-Lending(TIL) deals only with the cost of the loan. The purpose of this disclosure is to protect the borrower by requiring disclosure of all costs and terms of credit. You should receive this disclosure at the time of application or within 3 business days from… [Continue Reading]
First, let’s look at the facts. Fixed Rate: The rate does not move and the principal & interest payment stays the same throughout the term of the loan. Fixed rates are typically higher than adjustable rates. ARM: Rate adjusts at some point during the loan, generally on an annual basis after the first adjustment. Initial… [Continue Reading]
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