Your Mortgage Resource Center
Dove Capital .com
Welcome to Dove Capital .com Are you in the market for a mortgage? A mortgage is a long-term loan that uses real estate as its collateral. The home and land it sits on is the collateral on the loan, which means that if you cant make your payments, your lender can take the home away from you and sell it to cover your missed payments. The loan principal is the amount you actually borrow to purchase your new home. Since the loan is for such a large amount of money it takes many years to pay back. This length of time is called the loan's term. The total cost of the loan is mostly the principal plus the interest. A mortgage loan can be described in terms of its length of time such as 15, 30 years or by it's interest rate being fixed or adjustable. Here at Dove Capital .com we are constantly assembiling tools and tips to help inform you on getting the right mortgage. We have the latest mortgage rates and mortgage news. We also have mortgage calculators and a basic zipcode foreclosure search.
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