If you have been denied a mortgage or mortgage preapproval, you are not alone. The Wall Street Journal’s MarketWatch reported that 11-33% of applicants were rejected by the 10 largest mortgage lenders in 2012. Read More
Because homeownership is considered such a major part of most finances, many people rush into it without considering whether or not they are ready. Homeownership is a big commitment of money, time, and energy. Read More
Whether you are getting a mortgage for a new home or refinancing your existing mortgage, you’ll most likely need a home appraisal. Read More
One of the biggest financial commitments you will ever make is a home purchase. In fact, this is such a huge commitment that you will probably need to borrow money in order to make it happen. And, because you are borrowing such a large amount of money from the lender, you will be required to fill out a mortgage application. Read More
One of the epic battles in the world of personal finance is that over the best mortgage length. When applying for a mortgage, there two primary fixed rate options: 30 year fixed and 15 year fixed. Read More
