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What Are Mortgage Documentation Requirements?
5 October 2005 What Does Mortgage Documentation Consist Of? A lender?s "documentation requirements" stipulate a) the information about income, assets and employment that must be provided; b) whether and how this information will be used by the lender; and c) ... more...

What Mortgage Market Niche Are You In?
October 19, 2002 "I recently found what appeared to be the best deal on a 30-year fixed-rate mortgage from ads in the newspaper, but when I told the loan officer exactly what I needed, the price rose and the amount I could ... more...

income verification related definitions

Equal Credit Oportunity Act
Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more...

Section 8 Housing
Section 8 Housing The Section 8 program began during the Great Depression to increase the housing choices available to very low-income households by making privately-owned rental housing affordable to them. It provides rent subsidies, either rental certificates or vouchers, on ... more...

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Get Free income verification 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...

Cutting Edge Real Estate: Is There Anything New? Part 1
The world of real estate has pretty much stayed the same for decades. Its no different today than it was 50 years ago. The basic principles will never change. Is this true? Only part of it? Well, lets look at what is different in the real estate world. Also, lets see what is the same.Because of ... more...

Mortgage Loan Most Bankers Won't Give May Be Exactly What You Need to Buy or Refinance Your Home
A few years ago, a loan officer who worked for me was having a problem helping a customer. He was new to the business and had very little patience for problems (as you might have already guessed, he didnt last very long). He told me the customer was a doctor, who had left a hospital job to open his ... more...

Mortgage Refinance Tips And Advice
For the average person who does not work in the mortgage industry, the mortgage jungle is very overwhelming. Mortgages are complicated! This article is a small collections of tips and advice of what an average person should know when looking for a mortgage. We kept it simply, but informative ... more...

Self Employed Mortgage Loan Getting a Mortgage When Youre Self Employed
Being self employed has many benefits. When you are self-employed, you can write off all of your deductions on your taxes. You have the potential to make more income than someone who is employed by someone else. You have the freedom to be your own boss. One of the few times when being self ... more...

Self Employed Loans - When Being Self Employed Is The Impediment
Being self employed has always been associated with challenges. Is finding a loan for self employed one of them? Is it? Well with loans for self employed suffer more from lack of information rather than lack of choices. Self employed people often complain of lack of information available when it ... more...

Applying for a Payday or Cash Advance Loan Online
Applying for a payday loan online is a quick and effective alternative compared to actually driving to a payday advance store. There are several reasons why applying online is in your best interest. When you apply online you save the time and the trouble of applying in person, you can find better ... more...

Payday loan: A Complete overview
From different surveys, it is seen that the number of customers taking payday loan as well as payday lending companies are increasing frequently. If you are a person taking the payday loan for the first time or want to gather information regarding payday loan, then this article will be of great ... more...

How to Complete a Mortgage Application
Once you have decided to purchase your dream home and have selected a mortgage lender, it is now time to fill a mortgage application. Most people would wonder how to complete a mortgage application. It is not that difficult, once you have all the information at hand. There is a Uniform Residential ... more...

Due Dilegence 101 Or What You Do Not Know Can Kill You! - Part 1
Introduction: This article is written as a general discussion on the subject of Due Diligence. It is for informational purposes and not intended to be a definitive guideline for your exact situation. You should consult the appropriate professionals with regard to your specific transaction or ... more...

Self Employed Mortgage Loan - Getting a Mortgage When You're Self Employed
Being self employed has many benefits. When you are self-employed, you can write off all of your deductions on your taxes. You have the potential to make more income than someone who is employed by someone else. You have the freedom to be your own boss. One of the few times when being self ... more...

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