ShareA mortgage appraisal is the last line of defense for a lender. The mortgage lender must know that the value of the home is accurate in order to make the proper decision whether to grant the mortgage to the borrower …
Tag Archives: appraisal
FHA Mortgage Appraisal Standards
Posted 164 days ago byMortgage News – Things I’m Seeing
Posted 203 days ago byShareThe one constant it seems over the last few years in the mortgage lending industry is change, especially in underwriting guidelines. It seems that Fannie-Mae and Freddie-Mac are constantly tightening mortgage underwriting guidelines for anyone that wants to refinance their …
Posted in Mortgages, News Tagged appraisal, appraisals, Fannie-Mae, Freddie-Mac, Mortgage, mortgage application No Comments
Mortgage Application Tips – Part III
Posted 212 days ago byShareThis post will be the last in our series of “Mortgage Application Tips”. The blog posts have been written to show borrowers how to enhance their chances for mortgage loan approval when financing their home. We’ve covered credit scores, income, …
Posted in Mortgages, News Tagged appraisal, Mortgage, mortgage application, real estate agent No Comments
How to Save Money on Your Mortgage!
Posted 360 days ago byShareEveryone knows that when mortgage rates fall you can save money on your monthly payment by refinancing your mortgage. But your monthly mortgage payment has three components to it – interest, principle, insurance, and taxes. One of these four items …
The Importance of Comparable Sales for Your Mortgage
Posted 391 days ago byShareIn today’s mortgage market once you know you are credit qualified for a conforming mortgage, jumbo mortgage, or super jumbo mortgage the most important thing to have is making sure that your property you are purchasing or refinancing has good …
Posted in Mortgages, News Tagged appraisal, appraisals, comparable sales, Jumbo Home Loan, jumbo mortgage, Mortgage, purchase, refinance, super-jumbo loans, super-jumbo mortgages No Comments