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It’s important to work alongside your loan originator to understand all of the costs that go into your mortgage to make sure you know what you’re paying for and get the best deal possible. The Different Sections of Your Loan Estimate When you receive your loan estimate, you’ll notice ...
There are pros and cons to both, and sometimes you will have little choice between the two if you have poor credit or a tricky loan scenario. The majority of homeowners turn to banks or large mortgage lenders when it comes time to get amortgage. They are the most obvious choice, mainly ...
In retrospect, that was both stupid and reckless. But here we are a scant decade later, and the industry is headed back towards those same practices. Today’s Wall Street Journal, for instance, profilesa formerly-miniscule private label mortgage originator that now has a bigger market share th...
4. Changing jobs or employment status without consulting with your lender first. 5. Ignoring lender communication or failing to provide requested documents promptly. By being proactive, staying organized, and working closely with your lender, you can avoid these mistakes and increase your chances of...
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