How To Get A Mortgage

The rules have not changed for How to get a Mortgage; but they have changed in many ways on how to qualify. Then again this question may surely include both. Mortgage lending is complex with many rules and regulations which can put an individual in a query really fast as these many guidelines sometimes make … Read more

Mortgage Banking Terms To Know

Mortgage Banking Terms There may be terms or definitions which are not included here. Mortgage Banker:  A firm or individual who originates loans for sale to other investors (such as Fannie Mae or Freddie Mac) and usually is a depository institution. They usually service the loan also.  A mortgage bank is a state-licensed banking entity … Read more

How Your Mortgage Interest Rate Is Determined

While there are a number of loan parameters that will affect your mortgage loan interest rate, be aware that the lender will make some $$$ on your loan. Most lenders  will explain this to you, and are supposed to tell you how all aspects of your loan is determined. They are not going to give … Read more