If you’re buying a home for sale in Riverview and you’re like most people, you’re going to need a mortgage loan to purchase. However, you have to understand what your house payments will be like – and the first thing to know is what PITI stands for. What is PITI? PITI is an acronym that references the four factors that influence your monthly house payment: Principal Interest Taxes Insurance Principal Principal is the amount you borrow from a lender, and it refers to the … Continue reading...