the mortgage or loan person in my case gave information to my realtor . I was never notified by him,…
On How Much Info can my Mortgage Orignator Share with my Real Estate Agent?
[…] the preapproval stage, you will need to provide your lender with documentation that proves your income, assets and funds…
On What Do You Need for a Preapproval?
[…] The Closing Disclosure is a newer document that is replacing the HUD-1 Settlement Statement. Once the Closing Disclosure is received…
On New Mortgage Disclosures additional Wait Periods to Mortgage Transactions
[…] The prequalifcation stage may consist of obtaining rate quotes from various lenders and providing lenders information […]
On Are you really preapproved or just prequalified for a mortgage? Part 1
Thank you. I am interested in buying income property, and just saw a duplex that I really liked. The problem…
On Determining Net Rental Income when Qualifying for a Mortgage
[…] rates are up by about 0.125% in rate compared to last Monday’s rate post. As I write this, 9:25…
On What May Impact Mortgage Interest Rates this Week: November 2, 2015
[…] If you have a second mortgage or HELOC/Home Equity Line of Credit… if the second mortgage/heloc is being paid…
On Refinancing when you have an existing Second Mortgage or HELOC
[…] The process of getting a mortgage consists of several stages and typically takes anywhere from 30 – 45 days…
On Steps in the Mortgage Process when You are Buying a Home
I passed the national exam but I work for a depository. Is that good or bad? Should I do a…
On Is Your Mortgage Originator Licensed or Registered
[…] to drift higher as odds increase that the Fed will raise the Funds Rate in December following the stronger than…
On Mortgage Rates trending higher after the Jobs Report