Mortgage reserves to buy a home are funds that you will have after closing. So you can make your payments if your income stops temporarily or you have an unexpected financial emergency.
When your mortgage status is “transfer to processor” what does that mean? Your mortgage loan processor is the person who communicates between you, your loan officer, underwriting and closing officers. Processors are arguably the most important people you’ll encounter during your escrow.
All about Private Mortgage Insurance (PMI) including how to get a mortgage that won’t require it. Live rates from actual mortgage lenders.
Like online mortgages, online business loans can make the process easier for borrowers. But there are some dangers for the unwary.
Bank statements say a lot about a mortgage applicant. Check for 3 common issues when turning your account paperwork in to your lender.
Your guide to buying a home and being ready for your closing, including “What to Bring” and why you should never bring a personal check to a settlement.
Your final loan documents and other paperwork obligate you to your home purchase and mortgage. Here;s how to read them before signing.
A fixed rate mortgage is the most stable product on the market. It provides unmatched security for the homeowner. Analysis of fixed loans and rates.
Mortgages mean paperwork. But except for the most important, you don’t need to read or keep all of the mortgage loan documents you see. Here’s how the process normally goes, and how to deal with print fine and large.
2018 Conforming, FHA, & VA Loan Limits
Mortgage loan limits for every U.S. county, as published by Fannie Mae & Freddie Mac, the Federal Housing Administration (FHA), and the Department of Veterans Affairs (VA)