Whether you’re a first-time homebuyer or a long-time resident, the Neighborhood Enterprise Zone (NEZ) Homestead tax abatement is one of the most powerful tools available to lower your cost of homeownership in Detroit. At Charmed Mortgage, we want to ensure our clients understand exactly how this works—especially because it changes how you interact with your mortgage servicer.

Have you ever gotten a notice from your mortgage lender about an "escrow shortage"? It might sound scary, but don't panic! This blog post will explain what an escrow shortage is, what causes them, and how you can resolve it.

Understanding your mortgage payment is key to homeownership! Principal, interest, mortgage insurance, and escrow - This post breaks down each section of the mortgage payment.

You found the perfect house and are closing the deal. But hold on a minute – there might be a hidden cost you haven't considered: a potential jump in property taxes.

While rerouting your mail might seem like a minor detail, it can quickly snowball into missed bills, important documents, and frustrated bill collectors if neglected. To ensure a smooth transition, here's a quick guide to tackle mail forwarding and essential address updates after closing.

Metro Detroit homeowners in Macomb, Wayne, and Oakland counties can protect their dream homes for free! Sign up for Fraud Guard or Property Records Notification to receive early warnings of suspicious property activity.

**Protect your finances & identity for FREE! **

Did you know you have the right to a FREE credit report every year? It's true! Thanks to federal law, everyone can access their credit report once annually. Read more to understand the benefits of regularly reviewing your credit report.

Mortgage recasting is an option for homeowners who may want to sell their current home after purchasing a new home. Read more to learn how to leverage the equity of your current home and using it to lower your monthly payment on your new mortgage!