Mortgage firms’ customer satisfaction grows despite remote work shift

With mortgage rates at an all-time low, U.S. home sales have risen to a 14-year high. Now, some existing homeowners are racing to take advantage of the super-low rates too, resulting in a 200% rise in refinancing applications this year. As such, mortgage lenders have faced a hectic schedule at a time of increased business,

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Why You Should Be Honest on Your Mortgage Application

Your income is an important part of your mortgage loan application, and lenders do require specific documentation before deciding to fund you. This includes income tax returns for the past two years, or two years’ worth of corporate tax returns if you are self-employed. The only exception to this rule is if you are refinancing

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Lowering Your Closing Cost Can Make A Difference

Mortgage lenders are insidious at piling on garbage fees as part of closing costs. As a real estate investor, you need to take steps to minimize these costs. If you don’t, these questionable fees can easily add up to more than $6,000 on a $200,000 house purchase. The government has attempted to control these costs

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USDA Helps Rural Homebuyers with AmeriFirst Home Mortgage

Although the housing market in the US is beginning to recover, many homebuyers still need help getting back into the market. One possible solution is the 100% financing option which is backed by the US Department of Agriculture.

Lenders Discriminating Against Pregnant Women?

Stipulations within the Fair Housing Act supposedly prevent mortgage lenders from denying or delaying loan applications for women on maternity leave, but a new report suggests that many lenders are actually ignoring these rules.

Nationwide Appraisal & Settlement Network Open New Divisions

The Nationwide Appraisal and Settlement Network have recently opened new divisions in order to service their reverse mortgage, hard money and mortgage servicing clients.

Should I Choose My Own Title Company?

A title company facilitates a real estate transaction between a buyer and seller. The title company searches for any liens on the property, collects all of the funds and holds them in escrow, prepares all of the documentation to transfer title, disburses all of the funds to the appropriate parties at closing and insures the buyer against any claims to the title that may appear after the closing

UK Mortgage Lending Falls, and Summer Is Likely to Be Slow

In April mortgage lending in the United Kingdom dropped by nearly 20%, according to data recently released by the Council of Mortgage Lenders. Figures for April show mortgage lending was an estimated £10.2 billion, compared to £12.6 billion in March.

Borrowers Face “Interrogation” From Mortgage Lenders

The majority of consumers fail to realize exactly what lenders will ask them about when it comes to applying for a mortgage loan, and as a result, many borrowers are shocked about some of the things that banks will ask of them.

Most Borrowers Won’t Qualify For Lowest Advertised Mortgage Rates

Sure you’ve been hearing that mortgage rates have dropped to historically low levels. But have you tried to get a mortgage with those super low rates lately? If you have, chances are you didn’t qualify for the best deal. According to data surveying 200 of the nations top mortgage lenders, the actual interest rate granted

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