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
Aside from the complex emotions and legalities involved in a divorce, there’s the couple’s financial situation to think of. Dividing property and debts, e.g. your house, is a point of contention in itself. How do you break up your mortgage after your marriage is over?You can look into these options to guide your decision on dealing with your mortgage affairs after the … [Read more...] about Divorce Happens But What About Your Mortgage?
After you have taken all the steps needed to apply for a home loan program, and even after you have received your pre-approval there are still more steps ahead of you in the loan process. Your lender isn’t the only one looking over all your loan paperwork, you will at some point throughout your loan process have to have your loan processed with an underwriter. If you … [Read more...] about Surviving the Underwriting Process