It’s official. United Wholesale Mortgage (UWM) is the nation’s largest mortgage lender. The Pontiac, Michigan-based wholesale lender took the top spot for all of 2023… Read More »UWM Is Officially the Nation’s Largest Mortgage Lender
Perhaps one of the most confusing aspects of getting a mortgage is knowing who you actually pay once the thing funds. And to that end,… Read More »What Is a Mortgage Loan Servicer? The Company That Collects Your Payments
How Much Lower Should Mortgage Rates Be to Refinance? Unfortunately there is no one-size-fits-all answer to this question Because no two loan scenarios (or homeowners)… Read More »The Refinance Rule of Thumb: Only Refinance Your Mortgage If…
If you’re new to real estate and preparing to make an offer on a property, you might be wondering what mortgage is best for a… Read More »What’s the Best Mortgage for First Time Buyers?
It’s time for another mortgage match-up: “Cash out vs. HELOC vs. home equity loan.” Yes, this is a three-way battle, unlike the typical two-way duels… Read More »Cash Out vs. HELOC vs. Home Equity Loan: Which Is the Best Option Right Now and Why?
It’s time for another mortgage match-up: “15-year fixed vs. 30-year fixed.” As always, there is no one-size-fits-all mortgage solution because everyone is different and may… Read More »15-Year Fixed vs. 30-Year Fixed: The Pros and Cons
If you’ve been researching mortgages, or are in the process of taking out a home loan, you may have come across the term “impounds” or… Read More »Mortgage Impounds vs. Paying Taxes and Insurance Yourself: The Pros and Cons
I had a conversation with a friend the other day about his current housing situation. In a nutshell, the home he resides in isn’t large… Read More »Is Rent Out and Rent the New Way to Move to a Different House?
With mortgage rates no longer at or near record lows, the refinance question has become a lot more complex. It used to be a no-brainer… Read More »18 Important Mortgage Refinance Questions Answered
I’ve already written at length about the pros and cons of a 15-year fixed mortgage, but some financial experts claim you shouldn’t even buy a… Read More »Should You Only Buy a House If You Can Afford a 15-Year Fixed Mortgage Payment?
