ACH Transfers: How They Work
ACH TRANSFERS: HOW THEY WORK An ACH transfer also known as Automated Clearing House is an electronic money transfer between banks that allows money to be pulled from an account or to be ‘pushed’ online to accounts at other banks. An ACH transfer is one of the main ways to send or receive money online. Automated Clearing House transfers account for the online bill payments you make and the direct deposits you receive, along with other transfers. Here’s a guide to how they work. Types of ACH transfers ACH transfers are processed in two ways, which vary in delivery, speed and cost: ACH debit transactions involve money getting “pulled” from an…
Tips for Finding the Effective Mortgage Lenders
TIPS FOR FINDING THE EFFECTIVE MORTGAGE LENDERS Tips for finding effective mortgage lenders will help you learn the mortgage process. Also, there are Mortgage Lenders that support you all throughout the process. Here are three tips that will help you find lenders not only with the best home loan rates, but those with seamless customer support too. 1. Do some homework. If you want to learn more about the Mortgage Lenders you’ve been eyeing for, or if you have a list of options to prospective lenders one should do a background research. This will help you to know and learn more about the lenders and how they work or if…
Learning about Escrow and its relation on Mortgage process
LEARNING ABOUT ESCROW AND ITS RELATION ON MORTGAGE PROCESS During the Rent To Own process at Home Buyers Inventory and toward the end of your term to lease option your home with us, you will be encountering some mortgage terms and as a newbie in this field you will ask yourself, What is the meaning of this term and how does it work? In this article we will be encountering new words and will discuss them further. So the main topic will be, what is an Escrow and how will it affect your mortgage? What is Escrow, and will it affect my mortgage? When borrowers take out a mortgage, lenders…