Articles in Mortgage

Documents The Mortgage Lender Will Want From You

by Holden Lewis on

Mortgage lenders require paperwork that verifies every facet of your financial life: income, debts, assets and more. ... Read full article

What Is a Mortgage? Your Go-To Guide to Getting a Home Loan

by Cathie Ericson on

If you're a newbie home buyer, you may be confused by what you need to do to snag a mortgage. We're here to help! So let's start with the basics: What exactly is a mortgage?... Read full article

When Should I Refinance My Mortgage Loan?

by Kira Botkin on

Refinancing your mortgage can be a money-saving move, but not in every situation. Since there are costs associated with all refinances, sometimes getting a lower interest rate can actually be more expensive than keeping your current loan. ... Read full article

Sample Terms for a Mortgage Contingency Clause

by Erin Eberlin on

5 Ways a Mortgage Contingency Protects Buyers in a Purchase Contract... Read full article

Reverse Mortgage Pros and Cons

by Dana Anspach on

Reverse mortgage is not a dirty word... Read full article

With Interest Rates Dropping, Is Now the Time to Refinance?

by Lisa Prevost on

When interest rates drop noticeably, astute homeowners react quickly, as they’ve been doing in the weeks following Britain’s vote last month to leave the European Union. The decision rattled the markets, mortgage rates fell to near-record lows, ... Read full article

Opting For an In-house Mortgage Service

by Lee Nelson on

Learn what other brokers have experienced when they incorporate lending in their real estate company.... Read full article

Maternity leave should not be a mortgage hurdle

by Kenneth R. Harney on

When you're on maternity leave — with full pay from your employer — you probably don't expect a mortgage lender to reject your loan application because your income doesn't count since you haven't yet returned to your job.... Read full article

Many credit unions offer tempting mortgage deals

by Kenneth R. Harney on

Want to buy your first home with little or nothing down and maybe get a refund on part of your realty agent's commission?... Read full article

Family-funded reverse mortgage can help elderly parents keep home

by Kenneth R. Harney on

Could there be a way to help senior homeowners with their cash flow needs without saddling them — and ultimately their families — with high costs?... Read full article