What Do Lenders Have To Tell You About Your Real Estate Loan? Federal "disclosure" forms define the information that creditor businesses MUST provide to consumers applying for real estate loans. As of Oct 1, 2015 lenders must provide TWO New "TRID" disclosure forms....
Although the financial markets have tightened lending guidelines and financing requirements over the last few years, the right advice when applying for your loan can make a big difference. Not all loans are approved. And even when they aren't approved immediately, it...
Have you heard the term Private Mortgage Insurance (PMI) when looking to finance real estate? You may be wondering what PMI is and how you know when you need to purchase it. These answers can be hard to find among all the real estate jargon you might be hearing...
According to the Federal Reserve's quarterly Senior Loan Officer Survey, it's getting easier to get approved for a home loan. Between July - September 2012, fewer than 6% of banks tightened mortgage guidelines -- the fourth straight quarter that's happened-- and...
As another signal of an improving U.S. economy, the nation's biggest banks have started to loosen mortgage lending guidelines. As reported by the Federal Reserve, last quarter, no "big banks" reported stricter mortgage standards as compared to the quarter prior and...
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