What Is Mortgage Underwriting and How Long Does It Take?

What Is Mortgage Underwriting? What Are The Stages? How Long Does It Take? If you’re planning to buy a home and need to take out a loan, you will have to find a lender. That lender will require that you provide certain documents along with your loan application before going through a mortgage underwriting process, …

How Difficult Is it to Get An Investment Property Loan?

Investment Property Loans And The Difficulty Of Acquiring One Real estate can provide a great opportunity for investment if you know what you’re doing. Even small investors have made a tidy profit off of flipping houses or renting out properties. However, just because you invest money into a property doesn’t mean that you will automatically …

VA Home Loan Closing Costs: How Much Do Veterans Usually Pay?

Veterans And Preparing For VA Closing Costs The VA loan program was established to help make it easier for veterans to become homeowners. They do this by eliminating the down payment, which is a large upfront cost that other types of mortgages usually require. However, even without the need to make a down payment, you …

All You Need to Know About Refinancing a Rental or Investment Property

Refinance Rental Property: Understanding How It Works Rental properties can be an excellent investment; however, if you do own a rental property, you know that keeping your overhead low is important to maximize your return on investment. In fact, if you’re not careful, the costs of owning and maintaining a rental property could end up …

Credit Score for a Home Loan: The Score to Strive For to Get a Mortgage

What Credit Score Do You Need For A Mortgage? When it comes to qualifying for a mortgage, there are a lot of factors that lenders will look into to determine your eligibility. One of the most important factors is your credit score. Your credit score provides lenders with a somewhat broad idea of how financially …