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Mistakes to avoid before closing on a home

By Mike Wheatley | September 17, 2021
Avoid these mistakes before closing on home loan
Real Estate Software Apps, Real Estate Technology

Study shows AI could boost minority homeownership rates

By Mike Wheatley | January 5, 2020
Artificial intelligence software might have a practical application in reducing discrimination against some minority groups when it comes to applying for a mortgage online. That’s according to a new study by the National Bureau of Economic Research, which is calling on banks to embrace AI as a way of ending bias in home loan decisions. […]
Mortgage, US Real Estate

Digital mortgage applications result in less discrimination, study finds

By Mike Wheatley | October 3, 2019
Digital mortgage applications are having the positive effect of reducing discrimination of black and Latino home buyers, a new study shows. The study, by the National Bureau of Economic Research, reveals that algorithmic lending reduces discrimination by up to 40% compared to applications which are dealt with face-to-face. With digital mortgage applications, the interest rates […]
Mortgage, Real Estate, US Real Estate

5 Mortgage Tips for First-Time Home Buyers

By Guest Author | November 19, 2015
Buying a house entails a ton of work. It is a serious commitment that merits a great deal of planning and preparation to ensure that all aspects are precisely what, where, and how they should be.
Real Estate Resource, US Real Estate

Three Things You Should Know About Reverse Mortgage Loans

By Brenda Lyttle | December 13, 2012
Have you heard about the psyche that is doing the rounds about reverse mortgage loans and how they have proven to be a boon in these financially difficult times? Yes, they can be a great source of finance to help you handle a number of expenses in your home, but is it worth the risk?
Mortgage, US Real Estate

Which Documents are Required for Securing a Mortgage?

By Brenda Lyttle | August 27, 2012
Ready to scout over various home sales to find out the one that best fits your idea of “dream home”? Great! But don't forget that the surest way to heartbreak is to find your dream home and make plans to move in, only to find a lack of sufficient documents means you can't secure the mortgage you need to finance it.
Mortgage, Real Estate, US Real Estate

Low Appraisals Continue to Hurt Real Estate Sales

By Mike Wheatley | February 8, 2012
Thousands of real estate deals up and down the country continue to called off due to low appraisals which come in lower than the previously agreed-upon sales price, new surveys have revealed.
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