Tag Archives: mortgage

Documents You Need to Get a Mortgage – A Quick Guide

After all those years, John and Natalie finally found their dream home. They couldn’t wait anymore to move in, so they applied for a mortgage the very next day. But they discovered that they are short of one important document … Continue reading

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7 Smart Ways to Get a Mortgage with Bad Credit

Home buyers are passing through stringent times. Today, lenders expect home buyers to put down at least 20 percent down payment or have a flying credit score of 720 or above. But let’s be real – Not every one of … Continue reading

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6 Things Your Lender Might Not Tell You

Getting mortgage is anything but easy! First, mortgage rates are too fluid, tumbling up and down all the time. Second, the competition in the mortgage is fierce and it becomes difficult for the borrowers to differentiate good lenders from the … Continue reading

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New Qualified Mortgage (QM) Rules – What You Need to Know?

Consumer Financial Protection Bureau (CFPB) recently issued new Qualified Mortgage (QM) Rules to set and standardize underwriting standards. The new regulations are mandated under the Dodd-Frank Act and are expected to put a check on the lending practices that drove the … Continue reading

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Reverse Mortgage: Everything You Need to Know

PART I How would you react to a deal where you get to en-cash your home equity without having to move out of the property, sell the property or repay anything at all? It may be hard to believe that … Continue reading

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