An appraisal is necessary to ensure there is adequate collateral in a home. Your lender will require the appraisal prior to clearing your loan to close. At what point does the lender order the appraisal, though?Looking for Current Mortgage Interest Rates? Click Here.Keep reading to find Read more
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Mortgage Rates, Guidelines and Lender Information
FHA Loans Articles
Minimum Down Payment Needed for FHA Loan Eligibility
If you can’t come up with a large down payment for a home, you may consider an FHA loan. Because you can qualify for a loan with just 3.5% down, it
Important Articles
Is it Possible to Buy Land with Conventional Loan Financing?
Conventional financing is the most common type of financing borrowers try to obtain, however, if you wish to buy land, it might not be the best
What Happens to My Existing Escrow Funds When I Refinance?
There is more to your mortgage payment than just the principal and interest – you also pay real estate taxes and homeowner’s insurance. If this is
Buying a Home Articles
Buying a Home with a Federal Tax Lien
Federal tax liens are nothing to take lightly. Contrary to what many people believe, when the federal government places these liens on a property, Read more
Home Refinance Articles
What Happens to My Existing Escrow Funds When I Refinance?
There is more to your mortgage payment than just the principal and interest – you also pay real estate taxes and homeowner’s insurance. If this is Read more
Mortgage Refinance Articles
Refinancing? How to Get the Best Rate on Your Next Mortgage
You want to refinance to save money each month. Now may be a good time as interest rates continue to stay low. But just because rates are low doesn’t Read more
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