Cookie Policy

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This Cookies Policy explains what Cookies are and how We use them. You should read this policy so You can understand what type of cookies We use, or the information We collect using Cookies and how that information is used.

Cookies do not typically contain any information that personally identifies a user, but personal information that we store about You may be linked to the information stored in and obtained from Cookies. For further information on how We use, store and keep your personal data secure, see our Privacy Policy.

We do not store sensitive personal information, such as mailing addresses, account passwords, etc. in the Cookies We use.

Interpretation

The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.

Definitions

For the purposes of this Cookies Policy:

- Company (referred to as either "the Company", "We", "Us" or "Our" in this Cookies Policy) refers to MortgageCast.com, 87 Elm Street, Manchester, New Hampshire.

- Cookies means small files that are placed on Your computer, mobile device or any other device by a website, containing details of your browsing history on that website among its many uses.

- Website refers to MortgageCast.com, accessible from https://MortgageCast.com

You means the individual accessing or using the Website, or a company, or any legal entity on behalf of which such individual is accessing or using the Website, as applicable.

Type of Cookies We Use

Cookies can be "Persistent" or "Session" Cookies. Persistent Cookies remain on your personal computer or mobile device when You go offline, while Session Cookies are deleted as soon as You close your web browser.

We use both session and persistent Cookies for the purposes set out below:

Necessary / Essential Cookies

Type: Session Cookies

Administered by: Us

Purpose: These Cookies are essential to provide You with services available through the Website and to enable You to use some of its features. They help to authenticate users and prevent fraudulent use of user accounts. Without these Cookies, the services that You have asked for cannot be provided, and We only use these Cookies to provide You with those services.

Functionality Cookies

Type: Persistent Cookies

Administered by: Us

Purpose: These Cookies allow us to remember choices You make when You use the Website, such as remembering your login details or language preference. The purpose of these Cookies is to provide You with a more personal experience and to avoid You having to re-enter your preferences every time You use the Website.

Your Choices Regarding Cookies

If You prefer to avoid the use of Cookies on the Website, first You must disable the use of Cookies in your browser and then delete the Cookies saved in your browser associated with this website. You may use this option for preventing the use of Cookies at any time.

If You do not accept Our Cookies, You may experience some inconvenience in your use of the Website and some features may not function properly.

If You'd like to delete Cookies or instruct your web browser to delete or refuse Cookies, please visit the help pages of your web browser.

For the Chrome web browser, please visit this page from Google.

For the Internet Explorer web browser, please visit this page from Microsoft.

For the Firefox web browser, please visit this page from Mozilla.

For the Safari web browser, please visit this page from Apple.

For any other web browser, please visit your web browser's official web pages.

More Information about Cookies

You can learn more about cookies: What Are Cookies?.

Contact Us

If you have any questions about this Cookies Policy, You can contact us by email: cookies@mortgagecast.com

FAQ

Frequently Asked Questions

Building equity is like forcing a savings account. It provides: Financial Security: Equity is a key component of your net worth. Borrowing Power: You can access your equity through a home equity loan or line of credit (HELOC) for major expenses like home improvements or education. Profit at Sale: When you sell your home, your equity (sale price minus mortgage balance) is your profit. Elimination of PMI: Once you reach 20% equity, you can typically request to cancel PMI, saving you money monthly.

You should contact your loan officer immediately to discuss any discrepancies or information that seems incorrect. It is crucial to address errors early, as the Loan Estimate forms the basis for the final Closing Disclosure you’ll receive before settlement.

Yes. Any large, non-payroll deposit (typically any deposit that is more than 50% of your total qualifying monthly income) will need to be sourced and explained. You may need to provide a gift letter, a copy of a bonus check, or documentation of the sale of an asset to prove the funds are acceptable for mortgage purposes.

Lenders are required by law to ensure you can afford the mortgage. The documents verify your income, employment, assets, and debts to assess your financial stability and ability to make monthly payments, ultimately determining your loan eligibility and interest rate.

Lenders generally do not charge a separate fee for managing an escrow account. The costs are typically built into the overall servicing of your loan. However, you should review your Loan Estimate and Closing Disclosure documents from when you obtained the mortgage to see if any specific escrow-related fees were charged at closing.