Bella Mertz I paid close attention as a 90-year-old man explained that corrections were inevitable, drawing on his experience of surviving (and prospering) through seven complete real estate downturns. Although some lunar tides reach higher or retreat further, a housing market crash is as inevitable as an outgoing tide. This feels like a lunar tide to me. … Read more
Mortgage companies and lenders frequently sell the home loans they create to raise additional funds for lending to other borrowers. In addition, servicing rights that are unrelated to the underlying loans are frequently bought and sold. Throughout the term of your loan, a transfer could occur at any time. Your loan was probably one of … Read more
A mortgage pre-approval is a written affirmation of how much money you are eligible to borrow in order to purchase a home. Pre-approval can put you ahead of unapproved buyers in a competitive market because it demonstrates that you won’t have any trouble obtaining financing for the amount you’re offering. Pre-approval letters include an expiration … Read more
Note from the Editor: This article’s content is solely based on the author’s opinions and suggestions. It might not have received approval from any of our network partners through reviews, commissions, or other means. You might be curious about the tax repercussions of a reverse mortgage and whether the money you receive is taxable if … Read more
When you’re ready to refinance, the Federal Housing Administration (FHA) offers fixed-rate and adjustable-rate loans with low down payments for buyers as well as a streamlined process. Esta página solo está disponible en inglés Select either Cancel to stay on this page or Continue to view our main Spanish page. With today’s low interest rates, … Read more
It is very simple to find out if you have any unpaid payday loans. The first step is to contact your payday lender by phone or text and ask Although you must provide your personal information, your lender will be able to let you know if any of your loan is still owed. This is … Read more
Once the wedding bells have rung, it is customary to include the spouse in the deed to a home. But it’s also typical to forget to name her as an insured on the homeowners policy. Additionally, most lenders won’t just add a spouse to an existing mortgage because they might want to refinance instead, which … Read more
Your loan may still be rejected even if you have a mortgage pre-approval for a variety of reasons, such as a change in your financial situation. According to a report, the likelihood of an underwriter rejecting a home loan after pre-approval is about 8%, depending on the location. Here are some crucial things you should … Read more
Note from the Editor: This article’s content is solely based on the author’s opinions and suggestions. It might not have received approval from any of our network partners through reviews, commissions, or other means. You can drive the RV of your dreams on the open road with the help of a bad credit RV loan. … Read more
I still owe money on the car that my lender repossessed two months ago. I thought it just got charged off; can they bring a lawsuit against me? If you are sued, don’t ignore it. Should you disregard a court summons, the case will proceed without you. A default judgment could be entered against you … Read more