Tag: best mortgage lender

 

The 5 building blocks of any mortgage loan approval

Why do some mortgage applications get approved while others are denied? Loan rejections are more common than you may think. In fact, the Mortgage Bankers Association reports that lenders reject about 50% of all applications they receive for mortgage refinances and 30% of all purchase loan apps are denied. So why are one-half and nearly […]

Knowing these credit score basics will help you get the lowest interest rate on your mortgage and save you big bucks

A snapshot of how credit works. Keeping a great credit score is the best way to save money on your mortgage, car loan, credit cards, and other interest rates, and it can take a lifetime of responsible financial choices to achieve that. Unfortunately, there isn’t just one credit score because there are several credit reporting […]