When choosing a good mortgage lender, whether you choose a mortgage broker or a mortgage banker, you’ll want someone who can do the job right. Finding a lender who will take the time to make sure you understand the different loan programs being offered, and will help you decide which loan best meets your needs is key to having a smooth closing. Check out the articles, columns, blog posts, radio shows and videos for more information about mortgage lenders.
Freddie Mac Announces Loan Limits Will Stay The Same in 2007
After years of rising higher, Freddie Mac announced this morning that conventional mortgage loan limits will stay the same in 2007. Loan purchase limi...
Property Tax On Home In Foreclosure
When a bank forecloses on a property the property owner remains responsible for the property taxes. Banks set up tax escrow accounts to pay property taxes, but when home owners fail to make mortgage payments the escrow money may be used to make mortgage payments. If there's no escrow account, the home owner has direct responsibility for paying property taxes.
Scary Stories For Halloween
If you're buying a home, making a mistake on the mortgage can cost you thousands of dollars. Ted Janusz confesses his sins of being the kind of mortg...
Lenders, Mortgage Brokers and Bankers
There's a wide world of difference between different types of lenders. Knowing how mortgage brokers, mortgage bankers, and other types of lenders operate can help you make a smart move with your money.
Ilyce Glink on WSB Radio – October 15, 2006
On the show today, Ilyce talked about Nobel Peace Prize winner Muhammad Yunus, a Bangladeshi economist who creating the concept of microlending -- and figured out that even tiny loans would help the poorest of poor develop their economies. Credit and borrowing were on the mind of Ilyce's callers, who had questions about how to raise their FICO scores.
Mortgage Lender Fraud
What is the best way to deal with your mortgage lender if you believe they have committed fraud against you? Mortgage lenders suspected of fraud should be reported to your state's attorney general's office and to your state's agency that commissions mortgage lenders. If you want to take the issue to a more public arena, report the fraudulent mortgage lender to the Better Business Bureau.
Real Estate Minute: Private Mortgage Insurance Might Be a Smart Move Financially
Real Estate Minute with Ilyce Glink Private Mortgage Insurance Might Be a Smart Move Financially Original Air Date: September 29, 2006
Mortgage Interest Rates Reflect Loan Risk
Studies have shown that consumers pay too much for their mortgages. Learn how mortgages are priced and why some borrowers get mortgage loans with higher interest rates than others. Mortgage loan interest rates take the riskiness of the loan into account.
Closing Cost Hell
One of the biggest complaints consumers have about the loan process is that the good faith estimate (GFE) is so often wrong -- and wrong in a big way....
Catching Up From Last Week
My friend, Jon Lansner, is a business columnist at the Orange County Register. He's been blogging about exotic mortgages lately - -by exotic I mean ei...