Your credit report affects you in many areas of your life – not just when you want to apply for a new loan. It could affect your chances to get a job or even secure new services. Because of this, you need to keep a close eye on your credit report and take care of any credit report errors you Read more
Why You Should Avoid These Risky Mortgages
Many people need a mortgage if they want to buy a home. Unfortunately, mortgages are not a one-size-fits-all approach. Some borrowers need specific features in order to qualify. However, some of those features may be considered ‘risky.’ Are they too risky for you?Get Matched with a Lender, Click Read more
Pros and Cons of Using a Credit Union for a Mortgage
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 about this option because they think they have to be affiliated with a specific employer in order to qualify.Looking for Current Mortgage Interest Read more
How Lender Overlays Can Impact Your Mortgage Eligibility
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 beyond what specific mortgage programs require. For example, FHA loans allow credit scores as low as 580. Some lenders may not be comfortable with a score Read more
Why Underwriting Requirements Differ Between Mortgage Lenders
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 can have different underwriting guidelines from lender to lender.Get Matched with a Lender, Click Here.It’s called lender Read more
