A loan modification is not a refinance. There are few, if any, fees involved as a result, and no new mortgage is written. The existing mortgage is simply modified. The modification can be slight or...
Category: Mortgage Loan
The first step while taking a loan is the loan pre-approval. In this process, the lender checks the credit as well as verifies the income of the borrower, followed by an assurance that the mortgage...
Have you ever found yourself in a situation where you have to pay a mortgage with exaggerated interest yet your credit history is bad? If you have then you understand how daunting the experience is....
Anyone applying for a mortgage has wondered what a bank really wants to see on a mortgage application. There are so many different pieces of information that are asked for, but many people want to...
It was Congress' fault. It was the banks' fault. It was the credit agencies' fault. It was the American homeowners' fault. mortgage crisis Even today, the debate continues as to why the 2008...
A Mortgage Net Branch is often classified as a department where large lenders usually create loans for meting out to the borrowers. The Mortgage Net Branch can have all the income they generate from...