Your monthly mortgage payment is calculated by adding the costs of the loan’s principal and interest, as well as any money held in escrow for taxes and insurance. How much will it be? Get an idea now and compare different loan terms.
READ MOREWhen securing the right mortgage or loan for your home, the choices can seem overwhelming, so understanding your options is key to making an informed decision.
READ MOREFlood InsuranceFlood experts. Affordable policies. Did you know that every home is at risk for a flood? That’s why we partnered with Wright National Flood Insurance Company, the nation’s leading flood provider, to bring valued PHH Mortgage customers affordable flood insurance options that meet government and lenders’ requirements.Benefits include:Coverage and exclusions similar to a National Flood Insurance Program (NFIP) policy, but with the ability to cover higher property...
READ MOREHome SecurityPHH Mortgage has partnered with Safe Haven Security to offer a home security system monitored by ADT. When you work with Safe Haven, you can depend on a high-level, forward-thinking team committed to creating a home security system tailored to your needs. Every person who comes to your home meets all ADT standards as well as local and state-level licensing and has passed a federal background check. Safe Haven only uses their employees and will never send a...
READ MORERefinancing can be a significant financial decision, offering the opportunity to potentially save money, reduce payments, or even tap into home equity. However, before diving into the process, it’s crucial to understand various factors involved so you can make informed choices, determine which home solution best meets your needs, and maximize the potential benefits of refinancing your mortgage. Let’s explore ten key things you need to know.Your Financial Goals Should Be Clear To...
READ MOREIf the account is current and not in bankruptcy at the time of the analysis and the surplus is less than $49.00, we use the surplus to lower the monthly escrow payment. If the surplus is $49.00 or more, we refund the surplus. We will send a check within 30 days of completing the escrow analysis. If the account is in bankruptcy or is not current at the time of the analysis, the surplus stays in the escrow account until the next escrow analysis. Learn more in our Escrow Education Center.
READ MOREAmericans are in more credit card debt than ever, and there is a simple, proven solution: cash-out refinance. Whether it’s credit cards, car loans, or student loans, if you’re a homeowner looking for cash and have equity in your home, a cash-out may provide you with a simple and achievable way to get out of debt. If you used your credit cards in the past year to help with daily living expenses because of increased inflation and the cost of living, you are now paying higher...
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