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what is a warranty deed

What Is a Warranty Deed and How Does It Protect You?

While purchasing a house is an exciting endeavor, deed transfers and understanding your new responsibilities can make the process a bit more complicated. Prospective home buyers should learn about warranty deeds as a way to protect themselves and others.  Learn the answer to “What is a warranty deed?” and the importance of having one as […]
is a reverse mortgage a good idea

When Is a Reverse Mortgage a Good Idea?

Is a reverse mortgage a good idea? For homeowners who don’t know the ins and outs of lending, this topic can be quite confusing.  Fortunately, this guide from some of the best mortgage lenders in Tucson, Arizona, can help you navigate your finances and settle any debates regarding a reverse mortgage loan. If you’d like […]
what is principal reduction

What Is Principal Reduction in Mortgage?

Falling on hard times makes diligent mortgage repayments more challenging. In the past, homeowners with negative equity were able to access principal reduction programs. But today’s property owners need to look elsewhere. What is principal reduction when it comes to your mortgage loan? Below, Altitude Home Loans discusses mortgages and home purchasing in Tucson, AZ. […]
difference between co-borrower and-co signer

What’s the Difference Between a Co-Borrower and a Co-Signer?

When filling out loan applications for the first time, you might notice that the application allows you to choose between a co-signer and a co-borrower. At first glance, the two terms seem the same. However, they have some pertinent differences. What is the difference between a co-borrower and a co-signer? Below, our team of home-purchasing experts […]
what is a mortgage commitment letter

What Is a Mortgage Commitment Letter?

Buying a home comes with lots of paperwork, including the mortgage commitment letter. What is a mortgage commitment letter, and what does it mean for your home-buying journey? Our team at Altitude Home Loans offers home purchasing assistance in Tucson, AZ. We’ll walk you through the contents of a mortgage commitment letter so you better understand […]

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