Investing time now to sort out your goals and devise a plan for how you’ll achieve them can make your house hunt smoother and less stressful.
Dodd-Frank Act prohibits loan originators from getting paid based on the terms of the mortgages they sell.
In today’s market, mortgage lenders are happy to tell you about their low jumbo loan rates for a number of reasons.
Here is a simple guide to help you understand this sometimes very confusing document.
Almost all closing costs relate to fees that the mortgage lender is charged by a third-party company and then passes on to the borrower.
Here’s a look at some of the most common home buying credits, along with information about how to find them.
The next time you go back to the bank for a new mortgage loan, your lender may be asking you a few more personal questions.
As the Consumer Financial Protection Bureau (CFPB) continues to work its way through the rule-making process, consumers are reading more about what banks are doing to deal with the changes.
While using your own money to invest in real estate may sound like a good idea on the surface, there are a number of reasons why it is not.
Understanding the primary purpose and function of these documents will make your mortgage process much less intimidating.
Since the Great Depression of the 1930s, the U.S. government’s Federal Housing Administration (FHA) has provided a form of mortgage […]
In general, a lender’s underwriter will attempt to verify two primary things in order to meet the bank’s criteria for offering you a loan: general creditworthiness and debt-to-income ratio.
When it comes time to finance the purchase of your new home, picking the right loan product can make it easier to get qualified and save you a significant amount of money over the course of the loan term.