Understand the Mortgage Refinance in Minutes: A Comprehensive Guide
You probably think if you should understand the mortgage refinance and why you should understand & refinance your mortgage. Well, you are not the only one having such thoughts. Many people think about whether they should refinance their mortgage when a mortgage loan seems like a handful of work in the first ...
Mortgage Refinancing Quotes: Everything You Must Know
Are you considering refinancing your mortgage? If you have a mortgage for your home that is just a few too many years old, you may be able to save a lot of money by refinancing your home with today's record-low mortgage refinance quotes. You may be paying too much for ...
Top 5 Factors Mortgage Lenders Consider
The housing market has depreciated since the housing crisis, and lending institutions are scrutinizing mortgage applications. Lenders consider various credentials and factors before deciding whether to grant a loan to a potential candidate. Read more to learn these five factors that mortgage lenders consider. Factors that mortgage lenders consider 1. ...
Understanding the FNMA Enhancements Letter
FNMA enhancements are what they sound like. FNMA enhancements are a must-discuss topic when it comes to government-backed home refinancing programs. FNMA, also known as Fannie Mae or the Federal National Mortgage Association, is a key player in the secondary mortgage market. That is to say, FNMA is not a ...
Build Credit If You’re New to the US: 8 Ways To Do It
You likely don't have a credit report or rating if you are new to the United States, even if you have good credit before emigration. Credits from other countries will not be transferred to the U.S. credit system, so you will build credit profile from scratch when you arrive. In ...
Home Appraisal: Everything You Need To Know About It
If you are bidding to purchase a home and the lender's home appraisal value is lower than your bid value—the lender will not approve the mortgage loan even if you are eligible. Therefore, you may need to provide additional cash to begin the home purchase process. How the Home Appraisal ...
