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Questions About the Failure of Mortgage Locks
December 15, 2003  ?Why have lock failures increased recently? A lock failure occurs when a lender does not honor a mortgage price that a borrower had believed was guaranteed. Lock failures occur when interest rates are rising and honoring locks is costly to lenders. ... more...

How About Borrowers' Tricks?
July 8, 2000 "Yes, mortgage brokers have their "tricks of the trade", and some are rogues, but so are some borrowers?When are you going to write a column about borrowers' tricks?" Tricks that ... more...

application fee related definitions

Standard Uniform Loan Application, Form 1003
Standard Uniform Loan Application, Form 1003 A standard loan application widely used in the mortgage industry. Lenders use Fannie Mae Form 1003 to record relevant financial information about an applicant who applies for a conventional one- to four-family mortgage. Download ... more...

Loan Application
Loan Application The form used to obtain the borrower’s information and define the terms of the loan. Also is commonly referred to as the 1003 form - Uniform Residential Mortgage Loan Application. The lender may accept applications taken during a face-to-face ... more...

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Get Free application fee Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

The Reverse Mortgage - What The Heck Is It Anyway?
Are you 62 or older and own your own home? Then, you probably qualify for a reverse mortgage.But, what the heck is it anyway? Well, if you still have a conventional mortgage ... or had one until you burned your loan papers ... this is simply the reverse of what you have or had.A reverse mortgage ... more...

Home Mortgage Lenders - Finding a Good Mortgage Lender Online
Savvy homebuyers understand the importance of selecting a good lender. Moreover, these individuals realize that shopping around for the best home loan rates may result in a lower monthly payment and better terms. While many homebuyers continue to rely on traditional mortgage lenders, others are ... more...

Be Prepared to Pay Closing Costs
It can be so hard to save the money for a down payment, then you realize that you'll need to pay closing costs as well. It can be a stressful feeling, wondering if you are going to have enough cash at closing.You will receive a Good Faith Estimate of the closing costs within three days of applying ... more...

Financing a Home With Bad Credit
Financing a home with bad credit is a common problem for people. Over 25% of homes in the US are financed through sub prime lenders, who offer financing to high-risk borrowers. While sub prime lenders charge higher rates and fees, through comparison shopping you can find a competitive financing ... more...

Banking Made Easy
There are many ways in which banking has become simpler and less costly. Offers for free checking has revolutionized the banking we all knew from days gone by. When you consider how your monetary savings being in the bank actually supports the banking institution it really doesn't make sense they ... more...

Mortgage Loan Find The Perfect Lender Online
When shopping for a mortgage you have a variety of choices when it comes to lenders. There are traditional banks and credit unions, brick and mortar mortgage companies, and online lenders. All have their advantages; however, how do you know which is right for you? Here is why the Internet will ... more...

Your Mortgage Rate Compare and Save
When trying to obtain the best mortgage rate compare offers from several lenders or brokers. Know how much of a down payment you can afford, and find out all the costs involved in the loan. Knowing just the amount of the monthly payment or the interest rate is not enough. Besides your mortgage rate ... more...

Cheap Credit Cards
Each week we are bombarded with credit card offers, telling us that this particular offer is the best. It is pretty annoying, when we know that most of these so called cheap credit cards are nothing but scams and are not even worth the time to look at. The best way to find a decent credit card is ... more...

Utah Mortgage Broker
As a Utah resident it should not shock anyone that I have need of a Utah mortgage broker. Much like being born, eating, and dying, sooner or later we all will need a mortgage broker to help us get a house of our own. Getting a mortgage is an intimidating process that will effect your financial ... more...

Buying a Home After Bankruptcy How Long Should You Wait to Buy?
Many consumers with poor credit do not even consider buying a home after bankruptcy. While a bankruptcy does remain on your credit report for up to ten years, this does not mean you cannot seek credit during the entire ten-year time frame.Some people are able to purchase a home within one to three ... more...

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