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Why You Should Be Honest on Your Mortgage Application

By Allison Halliday | December 8, 2014
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 […]
Featured News, Investing, Residential

Lowering Your Closing Cost Can Make A Difference

By Brian Kline | September 11, 2013
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 […]
Real Estate, US Real Estate

USDA Helps Rural Homebuyers with AmeriFirst Home Mortgage

By Allison Halliday | May 30, 2013
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.
Featured News, US Real Estate

Lenders Discriminating Against Pregnant Women?

By Mike Wheatley | February 25, 2013
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.
Real Estate, US Real Estate

Nationwide Appraisal & Settlement Network Open New Divisions

By Allison Halliday | November 2, 2012
The Nationwide Appraisal and Settlement Network have recently opened new divisions in order to service their reverse mortgage, hard money and mortgage servicing clients.
Real Estate Resource, US Real Estate

Should I Choose My Own Title Company?

By Daniel Doran | October 9, 2012
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
International, Real Estate, US Real Estate

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

By Allison Halliday | May 22, 2012
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 ÂŁ10.2 billion, compared to ÂŁ12.6 billion in March.
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