If you're among the 30.2 million small business owners across the United State, you already know that there are certain things that can be more difficult for you to do, especially when it comes to finances. While you may think that getting…
Approval means the underwriter has reviewed your documentation and issued a conditional commitment to lend. There are two types of conditions: ''prior to'' or ''at closing/funding''. ''Prior to closing'' conditions can be simple updates to docs already collected, standard items…
Adjustable-Rate Mortgages are often maligned, dismissed outright and completely misunderstood. The truth is they are not all the same and can have great value. Homebuyers often focus on obtaining the lowest possible rate on a 30-year loan, but most mortgage…
Interest rates are near historic lows. Purchasing power has increased, and the cost of renting in many areas is now greater than the cost to buy. Some say mortgage loans are impossible to obtain without perfect credit and 20% down.…
You did it. Congratulations on your refinance! Before you get acclimated to a lower monthly payment, why not leverage your savings by making another wise decision? Below are a few options for putting your new-found extra cash to good use.…
Have you taken advantage of the great rates available on temporary High Balance or Agency Jumbo Loans? If not may you need to do so sooner rather than later? With these loans, Fannie Mae and Freddie Mac are authorized to…
What you need to know Follow this simple guide to assure a smooth mortgage application and approval process. Always provide all numbered pages of each account statement. For example, "Page 1 of 8" may be nothing more than a cover…
