When a lending underwriter looks at a mortgage application, they are viewing it like a chair – it has four legs that that holds it up reliably- employment, credit, downpayment… Read it »
The short answer is no…the long answer is maybe. When it comes to downpayments, it is possible for others to contribute part or even all of it. Lenders know that… Read it »
First Foundation Residential Mortgage’s Best Rates to open the week: Term Rate 1 Year – 2.60% 2 Year – 3.04% 3 Year – 2.90% 4 Year – 3.79% 5 Year… Read it »
What Type of Insurance Do You Need? – Part 2 – Mortgage Life Insurance The next type of insurance that you will encounter when obtaining a mortgage will be Mortgage… Read it »
This morning I read an interesting comment by an expert in the field of business…this person suggested that lenders may have an excess in mortgage funds to lend as of… Read it »
First Foundation Best Rates to open the week: Term Mortgage Rate 1 Yr 2.60% 2 Yr 3.04% 3 Yr 2.90% 4 Yr 3.79% 5 Yr 3.89% 7Yr 4.95% 10Yr 5.19%… Read it »
