Has the Mortgage Process Changed since the Dodd-Frank Act? - Zing Blog

Things You Shouldn’t Do When Applying for a Mortgage

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.

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Three Sites to Ease Student Loan Pains - Quicken Loans Zing Blog

What Your Student Loans Mean for Your Mortgage

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.

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Increased Home Equity: Making It Work for You

Increased Home Equity: Making It Work for You

Here’s some good news: After falling through the floor in the aftermath of the 2008 financial crisis, housing prices are finally enjoying a sustained upswing. According to the CoreLogic Home Price Index, year-over-year home prices rose by an impressive 11.8% in 2013, making it the best year for home price appreciation since 2005. According to the Case-Shiller Home Price Index, the U.S. housing market is “on a roll,” with year-over-year gains of over 20% in some parts of the country. After years of fretting, you may now be sitting on some valuable home equity you didn’t even know you had! The question is, how can you harness that increased equity?

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