April 5, 2017
An alternative to a non-conforming loan is the use of a land contract, which is allowed in some states. A land contract is an agreement between […]
April 5, 2017
There really is no such thing as a “no-cost” mortgage loan. There are always costs, such as appraisal fees, escrow fees, title insurance fees, document fees, […]
April 5, 2017
What kind of lender is “best?” If you ask a loan officer, “What kind of lender is best?” it is going to be whatever kind of […]
April 5, 2017
Mortgage Bankers Mortgage Bankers are lenders that are large enough to originate loans and create pools of loans which they sell directly to Fannie Mae, Freddie […]
April 5, 2017
In the “olden” days, when someone wanted a home loan they walked downtown to the neighborhood bank or savings & loan. If the bank had extra […]
April 5, 2017
Have These Items Ready When You Apply For a Loan It used to be that lenders mailed out verifications to employers, banks, mortgage companies, and so […]