Archives by Tag 'mortgage'
This may be the largest loan you ever receive, choose wisely.
By admin - Last updated: Tuesday, December 23, 2008
Photo by wwworks The loan you obtain to buy a home may very well be the largest loan you take out in your lifetime. You need to choose your loan program, rate and terms wisely. It would be in your best interest to interview several lenders before selecting the mortgage professional you feel comfortable with and are [...]
Good Faith Estimate helps buyers understand their mortgage
By admin - Last updated: Sunday, December 21, 2008
Mortgage lenders and brokers are required by law to provide a buyer with a good faith estimate when the buyer is applying for a home loan. HUD is requiring that this estimate be easy for the buyer to read and provide clear answers to the questions the borrower may have regarding the mortgage. The good [...]