What is PITI?

This term is used to refer to the monthly payment when the loan principal, interest, property taxes, and insurance is combined into one single payment.


What are the three greatest obstacles to homeownership?


The 3 greatest obstacles to homeownership are poor credit, a lack of down payment money and procrastination. With a little work all can be overcome successfully.


What is a credit score?


A credit score is a three-digit number which gives lenders and others an indication of how likely you are to repay a loan.