Legal Disclaimer

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This disclaimer (“Disclaimer”) sets forth the general guidelines, disclosures, and terms of your use of the MortgageCast.com website (“Website” or “Service”) and any of its related products and services (collectively, “Services”). This Disclaimer is a legally binding agreement between you (“User”, “you” or “your”) and MortgageCast.com (“MortgageCast.com”, “we”, “us” or “our”). If you are entering into this Policy on behalf of a business or other legal entity, you represent that you have the authority to bind such entity to this Policy, in which case the terms “User”, “you” or “your” shall refer to such entity. If you do not have such authority, or if you do not agree with the terms of this Policy, you must not accept this Policy and may not access and use the Website and Services. By accessing and using the Website and Services, you acknowledge that you have read, understood, and agree to be bound by the terms of this Disclaimer. You acknowledge that this Disclaimer is a contract between you and MortgageCast.com, even though it is electronic and is not physically signed by you, and it governs your use of the Website and Services.

Representation

Any views or opinions represented on the Website are personal and belong solely to MortgageCast.com and do not represent those of people, institutions or organizations that MortgageCast.com may or may not be associated with in professional or personal capacity unless explicitly stated. Any views or opinions are not intended to malign any religion, ethnic group, club, organization, company, or individual.

Content and postings

You may not modify, print or copy any part of the Website and Services. Inclusion of any part of the Website and Services in another work, whether in printed or electronic or another form or inclusion of any part of the Website and Services on another resource by embedding, framing or otherwise without the express permission of MortgageCast.com is prohibited.

Indemnification and warranties

While we have made every attempt to ensure that the information contained on the Website is correct, MortgageCast.com is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information on the Website is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information, and without warranty of any kind, express or implied. In no event will MortgageCast.com be liable to you or anyone else for any decision made or action taken in reliance on the information on the Website, or for any consequential, special or similar damages, even if advised of the possibility of such damages. Information on the Website is for general information purposes only and is not intended to provide any type of professional advice. Please seek professional assistance should you require it. Information contained on the Website are subject to change at any time and without warning.

Changes and amendments

We reserve the right to modify this Disclaimer or its terms related to the Website and Services at any time at our discretion. When we do, we will revise the updated date at the bottom of this page. We may also provide notice to you in other ways at our discretion, such as through the contact information you have provided.

An updated version of this Disclaimer will be effective immediately upon the posting of the revised Disclaimer unless otherwise specified. Your continued use of the Website and Services after the effective date of the revised Disclaimer (or such other act specified at that time) will constitute your consent to those changes.

Acceptance of this disclaimer

You acknowledge that you have read this Disclaimer and agree to all its terms and conditions. By accessing and using the Website and Services you agree to be bound by this Disclaimer. If you do not agree to abide by the terms of this Disclaimer, you are not authorized to access or use the Website and Services. This policy has been created with the help of the disclaimer generator.

Contacting us

If you have any questions, concerns, or complaints regarding this Disclaimer, we encourage you to contact us at support@mortgagecast.com

FAQ

Frequently Asked Questions

This is precisely what title insurance is for. If a covered title defect emerges after you close—for example, a previously unknown heir claims ownership—you would file a claim with your title insurance company. They would then handle the legal defense and cover any financial losses up to the policy’s limit, protecting you from a devastating financial burden.

Mortgage points, also called discount points, are fees you pay the lender at closing in exchange for a reduced interest rate. This is often called “buying down the rate.“ One point typically costs 1% of your loan amount and may lower your interest rate by 0.25%.

Ideally, start 6-12 months before you plan to buy. This gives you time to improve your credit score, save for a down payment and closing costs, reduce your debt, and stabilize your employment history without feeling rushed.

The primary difference is the lien position and the associated risk:
First Mortgage: Primary loan, first lien position. Lowest risk for the lender.
Second Mortgage: Secondary loan (e.g., home equity loan or HELOC), second lien position. Higher risk than the first.
Third Mortgage: Tertiary loan, third lien position. Highest risk for the lender, which results in higher interest rates and stricter qualifying criteria.

You cannot remove accurate negative information that is still within its reporting time limit. However, you can and should dispute any information that is:
Inaccurate: The account isn’t yours, or the reported late payment is wrong.
Outdated: The item is being reported past the 7-year (or 10-year) time limit.
Incomplete: The information is missing key details.
You can file a dispute for free directly with the credit bureaus online.