Mortgage broker and loan officer are just two of the terms for individuals who work in the mortgage industry. The difference between them is basically how they’re paid.
Great news for those of you who are buying a home or refinancing and need private mortgage insurance (PMI). Quicken Loans announces PMI Advantage, a new and exclusive program that can save you thousands in mortgage insurance payments compared to traditional PMI.
There’s no doubt that being your own boss can be awesome. The less-than-awesome part? Self-employment makes the mortgage process more complicated for you than for those who work 9-to-5 jobs. Here are some tips to help you through the process.
The Good Faith Estimate, or GFE, is a very important early step in the home buying or mortgage refinancing process. Understanding them will make you a more informed and educated home buyer or refinancer. That’s why we created this video. Please watch it. You’ll be happy you did.
Ever wondered why the 30-year fixed has been America’s most popular mortgage for decades? Our new video will tell you why.
Fannie Mae is slated to end its HomePath mortgage offering on October 6, 2014. Read on to see what this means to home buyers.
During the underwriting process, your mortgage company will be examining your finances quite closely to ensure you’re a solid loan candidate. Because of this, it’s important that nothing you do makes your mortgage company question your ability to pay them back. To show them you’re nothing short of their dream loan candidate, here’s a list of things you should avoid doing during the underwriting process.
If you’re looking to get a mortgage without your spouse, or if you’re just wondering why in the world someone would do this, I’ve got a few answers. Here’s what you should know about buying a house with only one spouse on the loan.
Is it still a good time to refinance your mortgage? Or is the refi boom over and done with? Here’s the truth about refinancing in today’s market.
If you’re thinking about buying a home but you have outstanding student loan debt, you’re far from alone – you’re riding in the same boat with 37 million Americans. Quicken Loans Operations Director Lindsay Villasenor said about half of the applicants she sees have some sort of student loan debt on their credit report. If you have student loan debt, it doesn’t mean a mortgage is out of reach.