When you shop for a mortgage, you have many places you can shop, such as mortgage lenders, savings & loan institutions and commercial banks. The name commercial banks may make you think that they don’t offer mortgages, but they do, along with a large variety of other services. Looking for Current Mortgage Interest Rates? Click Here. What is a Commercial Bank? You … [Read more...] about Do Commercial Banks Provide Mortgages?
After the housing crisis, subprime lenders seem to go by the wayside. It was rare to find a lender willing to write a subprime loan. Fast forward to today and you’ll find numerous lenders vying for your subprime business. How do you choose the best subprime lender, though? Compare Offers from Several Mortgage Lenders. Keep reading for helpful tips on how to make sure that … [Read more...] about How to Choose the Best Subprime Lender
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
While the susceptibility of consumer information in the digital mortgageprocess has become a widely popular concern, few have voiced out about the actual danger of identity theft to lenders. Atlanta-based data aggregation company LexisNexis Risk Solutionshas monitored cyber fraud activities targeting lenders and shown that while mortgage lenders experience fewer fraud … [Read more...] about Mortgage Lenders May Be Susceptible to Identity Theft
Finding the right mortgage lender is a big part of the mortgage process. The wrong lender can wreak havoc on your finances. Remember, you may have this loan for the next 30 years. Don’t focus on the terms of the loan alone. Instead, focus on the loan servicer too. They play a large role in the success of your mortgage loan down the road. Click to see the latest mortgage … [Read more...] about How to Choose the Right Mortgage Lender