 |
WHAT LENDERS NEED TO KNOW ABOUT YOU
Before lenders can approve you for a loan, they need to know information about your financial history to determine if you're an acceptable credit risk. Here's what they're looking for:
Read more... |
| |
 |
WHAT YOU NEED TO KNOW BEFORE YOU BORROW
It is Illegal for Lenders to Discriminate.
A Marketed "Low" Rate May Not Be Your Final Approved Rate.
In Terms of Credit, Don't Settle for "No".
It's Fair for You To Shop Around for the Best Rates and Terms.
Read more... |
| |
 |
WHEN IS IT BEST TO REFINANCE?
understanding points and interest rates
Lenders cover their risk and make profit in two ways through the loan's interest rate and upfront fees called "points." When it comes to refinancing, the decision is based on how much money you will save by paying now or later.
Read more... |
| |
 |
FIXED AND ADJUSTABLE RATE MORTGAGES
The Basics About Fixed and Adjustable Rate Mortgages When selecting a loan, there is no right or wrong answer with regard to fixed or adjustable rate mortgages. It is a personal choice based on your tolerance for risk and the rise and fall of interest rates.
Read more... |
| |
 |
WHAT IS AN APPRAISAL?
An appraisal is an independent view of how much a property is worth.
Appraisals are common at the time of sale or refinancing and may include a check of the home's interior, upgrades and general condition.
Read more... |
