You may have heard that the nation’s largest mortgage lender just rolled out a zero down mortgage. If you were around for the housing market… Read More »Is a 0% Down Home Purchase Much Different Than a 3% Down Purchase?
When you apply for a home loan, an underwriter will review your file in order to make a lending decision. They can approve your loan,… Read More »What Is a Conditional Loan Approval?
There are many different people involved in the home loan process. I wrote about this in detail already, but probably didn’t even include everyone. Because… Read More »What Is a Mortgage Account Executive?
You may have heard recently that “tappable” home equity has reached an all-time high, thanks to rapidly appreciating home prices and conservative borrowing on behalf… Read More »HELOC vs. Credit Card: Why the Plastic May Work Out Better
I spoke to a friend the other day who is selling their home and moving up to a bigger one. Crazy I know! What with… Read More »Want to Move But Have a Super Low Mortgage Rate? Here’s What My Friend Is Doing
Mortgage Q&A : “Which mortgage should I pay off first?” Today we’re going to talk about strategy if you hold multiple mortgages and want to… Read More »Which Mortgage Should I Pay Off First?
It’s time to talk about assumable mortgages. Everyone knows mortgage rates are no longer super cheap. The popular 30-year fixed was in the low 3%… Read More »Assumable Mortgages: Do They Finally Make Sense with 7%+ Mortgage Rates?
I’ve already covered the mortgage underwriter’s role, so let’s take a look at what mortgage loan processors do too. After you speak to a mortgage… Read More »What Do Mortgage Loan Processors Do? In Short, Everything to Close Your Loan!
Here’s some Q&A with regard to the home loan approval process: “What do underwriters do?” Once you actually apply for a home loan, your mortgage… Read More »What Do Mortgage Underwriters Do? Decide If You’re Approved!
If you’re having trouble obtaining a home loan, perhaps after speaking to multiple banks, lenders and even a mortgage broker, consider reaching out to a… Read More »Portfolio Lenders: A Solution for Hard to Close Mortgages
