If you are willing to live in a rural area, you have the benefit of applying for USDA financing. As long as you meet the maximum income guidelinesfor... Read More
When you buy a home, you probably focus on saving for a down payment. You know you need a big chunk of money to get the home you... Read More
You hear that everyone is refinancing, so you think you should jump on the bandwagon. Rates are low right now, so why not, right? While it might seem... Read More
Knowing how much equity you have in your home is important. Whether you are thinking about refinancing, taking out a home equity loan, or you just want to... Read More
If you put less than 20% down on a home and you use conventional financing, you will need PMI. You have two options for the coverage – borrower-paid
When you apply for a mortgage, you may get one of several types of approval. After the initial pre-approval, you may hear that your loan is
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.