Check out this useful info from U.S. News & World Report - there is more on their website Before you apply for a mortgage, you should make sure you’re in a good position to qualify for the best loan possible. It’s a good idea to check and … [Read more...]
Your Rights As a Borrower
When you shop for a mortgage loan, you have certain rights that are guaranteed by the federal government’s Consumer Financial Protection Bureau. Knowing your rights will help you get the best loan possible. You have the right to: Receive … [Read more...]
12 Topics You Should Discuss With Most Lenders
When thinking about taking out a home loan, here are some of the questions you might want to ask the loan officer: Are both fixed and adjustable-rate loans available? What is the Interest Rate? What is the total origination charge? How … [Read more...]
Why You Should be Pre-Qualified for a Loan Before You Start House-hunting!
Pre-qualification for a loan is not the same as pre-approval. Pre-qualification does not involve doing a credit check or as much paperwork as pre-approval. However, here are the major benefits of pre-qualifying before you start shopping: 1) Home … [Read more...]