Home buying is a substantial investment and mostly done through borrowed money. When a home is listed on the market, several buyers approach the seller. Screening of potential buyers amongst the lot is a difficult task for the seller, so to stand apart from the crowd, the buyer must do conditional approval beforehand. Conditional approval stands as a guarantee by…
Adhering to the quality control principles is critical for mortgage lenders whether they are striving to meet the regulations of FHA, HUD, Freddie Mac, or any other regulator. Reliable Quality Control and Quality Assurance Programs are essential for lenders in the finance industry as they help in the improvement and enhancement of the overall mortgage workflow. Successful mortgage organizations acknowledge…
The COVID-19 pandemic has caused waves of uncertainty in the economy throughout the world. Businesses are finding it hard to remain open and employment opportunities have become hard to come by. People are facing financial hardships and it has hence become difficult for the average person to avail basic amenities while keeping up with their regular mortgage payments. At the…