When you are shopping for a home loan, you have more options than your standard bank. You can also try a credit union near you. Many people forget... Read More
If there’s one thing that can get in your way when you are trying to get approved for a mortgage, it’s lender overlays. These rules go above and... Read More
When you apply for a certain mortgage program, you expect to get the same answers from every lender. However, that’s not always the case. The same mortgage program... Read More
Do you not have 20% saved to put down on a home and no way of saving that much in the near future? You might think that you... Read More
Buying a condo with mortgage financing is more difficult than buying a single-family home with a mortgage. You are at the mercy of the lender/mortgage program when choosing... Read More
Shopping for a mortgage can be just as stressful as choosing the right home. As you interview lenders, you should ask them certain questions. You should know the... Read More
Today more and more borrowers are self-employed. Whether it’s due to the downsizing of many companies or just the desire to be their own boss, these
Today it can be difficult to secure money to buy a rental home. Lenders tightened their restrictions in order to avoid too many defaults. But that
IMPORTANT MORTGAGE DISCLOSURES:
When inquiring about a mortgage on this site, this is not a mortgage application. Upon the completion of your inquiry, we will work hard to match you with a lender who may assist you with a mortgage application and provide mortgage product eligibility requirements for your individual situation.
Any mortgage product that a lender may offer you will carry fees or costs including closing costs, origination points, and/or refinancing fees. In many instances, fees or costs can amount to several thousand dollars and can be due upon the origination of the mortgage credit product.
When applying for a mortgage credit product, lenders will commonly require you to provide a valid social security number and submit to a credit check . Consumers who do not have the minimum acceptable credit required by the lender are unlikely to be approved for mortgage refinancing.
Minimum credit ratings may vary according to lender and mortgage product. In the event that you do not qualify for a credit rating based on the required minimum credit rating, a lender may or may not introduce you to a credit counseling service or credit improvement company who may or may not be able to assist you with improving your credit for a fee.