Tag Archives: home loans

Do Mortgage Lenders Look at Tax Returns?

Mortgage lenders are important because they make it possible for Americans to have homes. However, every time they offer a home loan, these lenders take a risk that the borrower may not be able to repay the money. Therefore, they … Continue reading

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What statements are needed for a mortgage?

Applying for a mortgage is a large step towards borrowing money for a new purchase. You should, however, be aware of the paperwork required to receive a mortgage. Today, we will go over a few statements that you’ll need. Let’s … Continue reading

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U.S. Housing Market Witnesses a Fall in First Time Home Buyers

The U.S. housing market is witnessing a significant fall in the number of first-time homebuyers. The national sales figure for first time buyers dropped from an average of 40% to a mere 27% in the month of December last year. … Continue reading

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Fannie Mae and Freddie Mac To The Rescue

In the wake of the rampage created by Hurricane Sandy, Freddie Mac has offered to help homeowners whose homes have been damaged or destroyed. The government-controlled mortgage finance giants Freddie Mac and Fannie Mae form the backbone of the mortgage … Continue reading

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