You still owe money on your home, but you want to sell it. Is this possible? Since most mortgage terms are 30 years long, homeowners sell their homes that still have mortgages on them all of the time. It is possible to sell your home while you still have a mortgage, but you should know how it works before doing it yourself.Looking for Current Mortgage Interest Rates? Click … [Read more...] about Is it Possible to Sell Your Home if you Have a Mortgage?
Consumer Mortgage Tips
The Top Ways to Get Underwriters to Approve Your Bank Statements
Your bank statements play an important role in getting a mortgage. Whether you need to prove that you have the funds to close on the loan or you need to prove that you have reserves on hand, your bank statements are an important part of the underwriting process.Compare Offers from Several Mortgage Lenders.So what can you do to make sure that underwriters approve your … [Read more...] about The Top Ways to Get Underwriters to Approve Your Bank Statements
Can You Buy a House Without a Social Security Number
Are you looking to buy a home in the United States, but you don’t have a social security number? It may be easier than you think to settle here in the U.S. Rather than a social security number, you will need an ITIN, Individual Taxpayer Identification Number. If you have an ITIN and you have the qualifications we discuss below, you could be well on your way to an approval for … [Read more...] about Can You Buy a House Without a Social Security Number
When Will Your New Mortgage Show on Your Credit Report?
If you have a new mortgage, you are probably anxious for it to show up on your credit report. Housing debt can have a positive impact on your credit score, especially as you start making payments on time. Many lenders look at your housing debt as an indication of your level of financial responsibility.Get Matched with a Lender, Click Here.Unfortunately, your new … [Read more...] about When Will Your New Mortgage Show on Your Credit Report?
The Top Ways to Avoid Mortgage Lender Runaround
Once you secure your mortgage, your relationship with your lender is far from over. In fact, it’s just starting. This is why it’s important to choose a lender that you trust and that you work well with because you could be dealing with them for another 30 years.Compare Offers from Several Mortgage Lenders.What happens if your mortgage lender gives you the runaround? It … [Read more...] about The Top Ways to Avoid Mortgage Lender Runaround