 Welcome to Coast Mortgage Group's Learning Center - Here you can find a variety of topics to broaden your knowledge on mortgages. You can find basic to advanced topics that will help you understand the terminology used when discussing mortgages, and will help you better evaluate the types of loan options you have. If there are questions that you have that are not answered here, please do not hesitate to ask your mortgage planner! At Coast Mortgage Group we do not expect our clients to have an expertise in these topics - that is what our role is, to be your mortgage resource.
Mastering the ability to understand mortgage terminology can be difficult since they are terms you may only use a few times in your life.
There are literally dozens of loan types, hundreds of loan programs and thousands of mortgage brokers, bankers, lenders, finance companies, credit unions, even stock brokerage firms originating loans. Since there is so much to learn, finding a mortgage that fits doesn’t begin with an application, but education. If there’s one aspect of the home buying transaction that you  take the time to learn in detail, make it your financing. If you discover too late that you can’t afford your mortgage, you could not only lose your home, but also be unable to purchase another one for years.
Obtaining information is easy. Mortgage information sources are as numerous as mortgage types. Web sites, topical newspaper articles, mortgage books, consumer seminars and workshops can help. Needless to say, our team of Mortgage Planners are also here to assist in educating you about your finances and the home purchase process.
Our philosophy of customer service follows the tenet of “We believe that an educated customer is our best customer”. Our library can help answer a wide range of your questions as you pursue your financing. These articles are here for your convenience but please always remember that we are here to answer your questions as well.
Among the areas we cover are:
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Mortgage Basics
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Your Credit
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Good Advice
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New mortgages
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Refinance
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Home Equity
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