Signature Home Loans

What Does Title Insurance Protect Me From?

March 28, 2010 by · Leave a Comment

By including title insurance when purchasing property, your title insurer takes on accountability for legal expenses to defend your property title, should it ever be challenged. Many different occurrences can come into play to warrant the need for title insurance. The title company responsible will then take on the legal expenses to defend the property […]

Do I Have To Continue Making My Mortgage Payment If My Lender Goes Bankrupt?

March 28, 2010 by · Leave a Comment

When mortgage lenders go out of business and are essentially taken over by the FDIC, homeowners are left wondering if they still need to make a monthly payment. Great thought, and a very common question for many borrowers in the 2006-2010 timeframe. The short answer is YES, you still have to continue making mortgage payments […]

Who Owns My Home If I Have A Mortgage?

March 22, 2010 by · Leave a Comment

Many borrowers believe that when they purchase a property by obtaining mortgage financing, they also own their home. Technically speaking, full ownership on a property only happens once the mortgage loan amount has been paid in full. To break this down in more detail, there are a few components of a mortgage: A Promissory Note is […]