Archive for July, 2012

In its simplest form, a mortgage is a long-term loan that is designed to assist an individual in purchasing a home. As a borrower, you make monthly payments on the principal amount of the loan in addition to interest payments to the lender. While most homeowners today have a mortgage, it hasn’t always been this […]

In addition to having an expert St. Louis mortgage lender from USA Mortgage at your side through the home buying process, you have access to a plethora of tools to ease the experience. One special tool is a mortgage calculator. Mortgage calculators allow you – the future homeowner – to estimate monthly payments on a […]