Blog - Page 4 of 6 - The Costa Group
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Blog

- keeping you updated on all things "Mortgage"

When you take out a mortgage on a home, you'll generally have your regular payment automatically deducted from your account, to cover the entire amount. Why does that happen? The reason is simple. Your mortgage payment may consist of several elements: the mortgage principal and...

There are several options available to you when deciding which mortgage to choose, and one of these choices is whether or not it’s important for you to be able to have a portable mortgage when you sell your home. Quite simply, a portable mortgage is a...

Here is a term everyone should understand well to avoid ever being faced with it. It is by far one of the most stressful situations an individual could be dealing with when the lender has sent you a letter to inform they want to foreclose...

These two terms may sound like simple terms, but in reality they refer to specific points when it comes to mortgages. A first mortgage does not refer to the mortgage on the first house the buyer has purchased. A first mortgage designates the primary loan...

Does the new home you are going to purchase need some renovations?  Find out about the Ideal program for consumers looking to purchase a home that has great potential but needs a little TLC. The Purchase Plus Improvements program allows you to make improvements immediately...

Are you looking into getting a mortgage and are not sure whether or not to get a closed or an open mortgage? That is very common. When choosing a mortgage, it is very important to be informed about all the options available. In this post,...

Have you ever heard this term: appraised value of a home or home appraisal? It is a common question as people are not always sure what it refers to. An appraiser is a licensed professional, trained in determining the value of a property. Put simply,...

When it comes to loans, a mortgage might be the biggest one an individual will ever have. Thus, it makes sense to hear people say they want to save money on interest, pay the mortgage faster, as well as avoid penalties in case one decided...

When applying for a new job, or when looking into starting a new career, people often get asked the reason why they would want to become part of a certain team. Many times, people are surprised by the fact that companies don’t want to hire...