process

3 minutes read
It’s never been easier to own a home. To the bare minimum, the only things you need to own to get a home are: a) an incomeb) a proof of this incomec) a tax information of this income No, you do not need to be a millionaire to own a home. Nor do you need to have no debt. Or even have a credit score. Today’s real estate market is a menagerie of diversified mortgage products that cater to a variety of consumer...
6 minutes read
Financing new home construction is more detailed than any other type of loan. Banks are less willing to hand out these loans to just any borrower because they hold such an element of risk. If you do not have an adequate credit history or have any other factors that make your loan profile seem risky, you will likely not be able to obtain the loan. If you are among the lucky that are able to secure this type of ...
3 minutes read
An appraisal is necessary to ensure there is adequate collateral in a home. Your lender will require the appraisal prior to clearing your loan to close. At what point does the lender order the appraisal, though? Looking for Current Mortgage Interest Rates? Click Here. Keep reading to find out. ORDERING THE APPRAISAL The loan process is a very fragile process. You must follow the appropriate steps in order for e...