Tag Archives: Mortgage Information
Closing Costs When Buying or Refinancing a Home
This is a detailed summary of costs you may have to pay when you buy or refinance your home. They are listed in the order that they sho...
Documenting Your Assets – Verifying Your Down Payment
When buying a home, it is not enough to just come up with the money. With the exception of no asset verification loans, lenders want to...
FICO® Score – a Brief Explanation
When you apply for a mortgage loan, you expect your lender to pull a credit report and look at whether you’ve made your payments on tim...
FICO® Scores and Your Mortgage
Years ago, credit scoring had little to do with mortgage lending. When reviewing the credit worthiness of a borrower, an underwriter wo...
Items You Need When Applying For a Loan
Have These Items Ready When You Apply For a Loan
It used to be that lenders mailed out verifications to employers, banks, mortgage c...
Your Savings and Down Payment
Your First Step Toward Buying a Home
When preparing to buy a home, the first thing many homebuyers do is look at the real estate ads i...