Grundy Mortgage Rates and Information Online from competing Lenders

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Housing thaw on the way? - Arlington Heights Daily Herald
Realtor Connie Hofherr sold a home in Palatine for $430,000 in just five days in February, and her colleagues at Starck Realtors in Mount Prospect also sold some homes. "Sales are definitely up, but certainly not where they were two or three years ...

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Beaman Dike Holland Reinbeck Wellsburg
Conrad Grundy Center Morrison Stout

Today's Mortgage Terms starting with S

  • Second Mortgage: An additional mortgage that has rights that are secondary to the first mortgage.
  • Seller’s Market: Market conditions that are favorable to sellers. There are more buyers than properties available for sale. The buyers may be forced to compete and pay more for the same property.
  • Settlement Costs: Money paid by the borrowers and sellers to complete the closing of a mortgage.
  • Settlement Cost (HUD Guide): HUD publishes a booklet that gives an overview of the lending process and is given to consumers after completing their loan application.
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