Escalating and non-escalating are terms used to describe the interest rate in home mortgage loans. They can also refer to other aspects of a loan, but most of the time, they refer to interest rates.  If escalating refers to the interest rate, then a home mortgage loan is said to [..]

Your income is crucial to applying for a home mortgage loan. Verification of income includes paystubs, W-2 forms, a letter from your employer, etc. It all depends on what your home mortgage loan company or lender will accept as proof.  Obviously, the more income that you make, the better it [..]

This type of arrangement works in a rent situation. Either the buyer or the renter has the option to purchase a home that he/she is renting or renting out. However, in order for either party to make a move, they both have to come to a general agreement. A right [..]

The word “shared” by nature involves more than on person. As such with these home mortgage loans, two parties are involved, and two types of loans. Shared equity can either be a loan or an agreement.  One party makes most of the down payment, if not all of it, and [..]