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….
It is often believed that mortgage is a long and complex process. To an extent, it is even true. However, an efficient mortgage professional’s job is to ensure that each applicant is thoroughly reviewed before the loan application is submitted for approval. Knowing before hand about the borrower’s credit history and their paying ability can reduce the costs associated with…