The home appraisal is one of the most critical qualifying factors for a mortgage, whether you are a first-time home buyer, relocating to a new house, or refinancing your current property….
Tag: Mortgage Basics
When you first begin the application process for a home loan, it might seem like mortgage professionals are speaking a different language. You will hear abbreviations like PMI, LTV, and…
Most people who want to buy a home need a mortgage. And many of them eventually refinance their mortgages for a variety of reasons. Both refinancing and qualifying for an initial mortgage…
You have searched, viewed, and negotiated for a new place, and you have finally found your dream home. Congratulations! Now it’s time to start navigating the mortgage loan process….
Estimated reading time: 2 minutes Buying a home is likely to be one of the biggest — and more expensive — decisions of your life. It’s easy to get overwhelmed or stressed. But…
While it is generally true that the higher a borrower’s credit score, the more options they have to obtain credit, it isn’t true that you must have perfect credit to qualify for a…
We have a saying here at Mr. Cooper: Wherever you are on your journey to your next dream home, we’ll meet you there — and we’ll have tools and expert advice at the ready. Among…
Consider this: You’re a happy homeowner, paying your mortgage each month. But you couldn’t help but wonder — could you pay off your home loan faster? The short answer: Yes, you can…