If you are a homeowner with a mortgage, you may have come across the term “tax disbursement” at some point. But what exactly does it mean? In this article, we will discuss what a tax disbursement on your mortgage entails and how it affects you as a borrower. Understanding tax disbursement A tax disbursement is…
Monopoly is a classic board game that has provided hours of entertainment for families and friends for decades. One important aspect of the game is the concept of a mortgage. In this article, we will explore what a mortgage means in the game of Monopoly and how it can impact your strategy. Definition of a…
Welcome to our blog post on Atlantic Bay Mortgage Login Myloancare! In this article, we will guide you through the process of logging in to your Atlantic Bay Mortgage account using the Myloancare platform. Whether you are a new user or a returning customer, this step-by-step guide will help you access your account with ease.…
Are you planning to buy your dream home? If you are, then you’re likely exploring the mortgage options available to finance your purchase. One of the burning questions many homebuyers have is whether mortgage lenders look at gross or net income when determining loan qualification. In this article, we will delve into this topic to…
There are situations where individuals contribute towards paying a mortgage on a property but are not listed as owners on the title. This can occur for various reasons, such as when a person is helping a family member or friend with their mortgage payments or when two individuals decide to buy a property together but…
When it comes to financial obligations, one might wonder whether a mortgage payable is classified as a current liability. Understanding the different types of liabilities and their classifications is crucial for financial planning and accounting purposes. A mortgage payable represents the amount of money owed for a mortgage loan. It is a long-term liability that…
Refinancing your mortgage can be a smart move to save money, reduce your monthly payments, or even take advantage of lower interest rates. However, choosing the right mortgage company to refinance with can be challenging. To help you make an informed decision, we’ve researched and compiled a list of the best mortgage companies to refinance…
Are you considering paying off your Wells Fargo mortgage? It’s essential to understand the mortgage payoff statement and all the important details that come with it. In this article, we will explain everything you need to know about the Wells Fargo mortgage payoff statement process. What is a Mortgage Payoff Statement? A mortgage payoff statement…
Are you considering buying a newly built property? One of the questions that may be on your mind is when you will start paying the mortgage. In this article, we will explore the process and timeline for mortgage payments on newly built homes, so you can make an informed decision. Pre-Completion Stage Before discussing the…
Yes, you can cancel your mortgage escrow account. If you no longer want to have an escrow account for your mortgage, you have the option to cancel it. Mortgage escrow accounts are used to collect and hold funds for property taxes, homeowners insurance, and other related expenses. Some homeowners choose to cancel their escrow accounts…