Home appraisals are an important step for lenders to finalize the loan process. Banks will do not approve a mortgage that exceeds the actual value of the property. This is the reason it is important to get the borrower’s property evaluated before final approval on the loan is issued by the bank. Once the borrower makes an offer on his…
Mortgage Lender
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Buying a home is not only an emotional time for the buyer, but also physically taxing. Weeding through all that paperwork to look for favorable terms can really suck the joy out of buying a home. If that is not all, the prospective buyers also have to spend an inordinate amount of time agonizing over mortgage lenders and building tight…
In the aftermath of subprime lending crisis, the mortgage industry took a massive hit. Since then it has been trying to build a solid ground for life-long success. Some part of this success can be credited to the Government Sponsored Enterprises’ – Fannie Mae and Freddie Mac, effort in building ground up, but this time on the foundation of data….