Month: April 2021

What Is Medical Payments Coverage On Renters Insurance?

Looks at the differences between liability coverage and medical payments coverage on renters insurance

Time Value of Money TVM Lesson/Tutorial Future/Present Value Formula Interest Annuities Perpetuities

The concept of time value of money, future/present value, annuities/perpetuities, and how to use the formula

Why Should My Landlord Be Additional Insured On My Renters Insurance?

Explain why your landlord should NOT be insured under your renters insurance, but instead should be listed as an additional interest to your policy

Discount Points (for a Mortgage)

Provides a comprehensive mathematical example to demonstrate how discount points impact loan payments on a mortgage. Also shows how to calculate whether or not paying discount points is worth the cost (the break even point in mortgage payments)

Lender Credit on your mortgage on how it works

Explains how lender credit raises the interest rate on your mortgage, but in return lowers closing costs

Lender Credit | Mortgage Mondays #33

Gives an example to show how lender credit raises the interest rate on the mortgage, but lowers closing costs. Describes who can benefit from lender credit

Closing Costs On Buying A House (Explained Simply)

Defines closing costs as costs involved in transferring property from seller to buyer above the actual purchase price of the property. Divides closing costs into seller costs and buyer costs; lists some of those costs and describes what they are about. Explains the purpose of closing costs. Explains how closing costs are disclosed and paid

What are Closing Costs When Buying A Home (Breaking Down a REAL Closing Costs Sheet)

Gives a comprehensive, real-world example to breakdown potential closing costs that a home buyer might have to pay

Chexsystems Removal | How to Get off of ChexSystems

Explains how negative banking history reported to ChexSystems could prevent you from opening checking and savings accounts in the future. Visits the ChexSystems website to show how you can request your consumer disclosure report and how to dispute information on your consumer disclosure report. Offers details concerning the dispute process

Pay Day 101: Direct Deposit

Explains how direct deposit works for paychecks and the benefits of direct deposit