Demystifying the Role of Loan Notary Signing Agents

Interested in finding out how to become a notary signing agent in Washington D.C.? We’ve got you covered. This Notary Signing Agent Washington D.C. article breaks down everything you need to know in easy-to-follow, succinct steps, and should help you commence your loan signing career with as little difficulty as possible. Recommended: Interested in getting … Read more

Accessing Home Loans as a Disabled Veteran

The VA loan allows for 100% financing for eligible borrowers. Active duty service members, veterans, and surviving spouses can apply for a VA loan with zero percent down. Of course, there are additional fees involved with home loans, such as closing costs. But, there are several benefits for disabled veterans that make the VA loan … Read more

How Much Does a Mortgage Loan Officer Make Per Loan?

Mortgage loan officers play a crucial role in the home buying process. They meet with prospective homebuyers, assess their financial situations, educate them on loan options, guide them through the application process, and ultimately help them secure financing. But how are mortgage loan officers themselves paid for this important work? Specifically, how much does a … Read more

Is a Loan Commitment a Legal Document?

A loan commitment is an agreement between a lender and a borrower that sets forth the terms and conditions of a loan The lender agrees to provide financing to the borrower up to a specified amount and for a defined period of time. While a loan commitment establishes a legal obligation for the lender, it … Read more

The Ins and Outs of 25 Year Mortgage Loans

A 25-year mortgage may not be the most common home loan term, but it offers a nice middle ground between 15 and 30-year loans. With a 25-year fixed-rate mortgage, you’ll make payments for 25 years until the loan is paid off, with the same interest rate the entire time. This type of loan can be … Read more

The Consequences of Mortgage Loan Fraud

Mortgage loan fraud is a serious crime that can result in severe penalties This type of fraud typically involves an intentional misrepresentation or omission of information on a mortgage loan application in order to obtain favorable loan terms While accidental mistakes do not constitute fraud, intentionally falsifying information is against the law. Let’s take a … Read more