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.
Out Of Control Lenders and Real Estate Tax Escrow
Escrow funds are designed to help the lender make sure the property owner pays all the necessary taxes. It's in the mortgage lender's interest to make sure your taxes and premiums get paid in full and on time. However, sometimes mistakes happen in the escrow process and sometimes lenders take advantage of the consumer.
Mortgage Loan Questions To Get The Best Deal
When you're buying a home you'll likely also need to apply for a mortgage. Read some common questions about the mortgage loan application process including discussion of interest rates, pre-qualifying and pre-approval. Learn how you can prepare to apply for a mortgage loan and who not to share your financial information with.