loan officer: What to do if you are denied a mortgage loan
- 06/24/15 12:26 AM
Denied a mortgage loan? What to do next. June 17, 2015 by Joe Metzler Minneapolis, MN: Everyone has the dream of home ownership. You’ve been looking at homes on the internet, stopped into a few open houses, and finally spoke to a Real Estate Agent. You are very excited about owning your own home. But unless you are paying cash, you are going to need a home mortgage loan. Applying for a mortgage loan, no matter who you are can feel a bit overwhelming, paperwork intensive, and nerve wracking. You finally apply, provide your paperwork, and some mean nasty horrible rotten … (0 comments)
loan officer: Tough market? What is a seller and buyer to do?
- 04/26/11 04:04 AM
The real estate market today is one of the toughest in recent history. A large number of foreclosed homes on the market is marking it tough on the traditional home seller. While every market is different, most areas have seen a significant drop in value. The mortgage industry has tighten lending, with a virtual elimination of all non-traditional financing and "creative" zero down type options (although VA and USDA are still around and great zero down options). Most programs today require 3.5% to 5% down MINIMUM and good credit. Gone are the days of easy lending. Washington has tried "fixing" mortgage … (1 comments)
Denied a mortgage loan? What to do next. June 17, 2015 by Joe Metzler Minneapolis, MN: Everyone has the dream of home ownership. You’ve been looking at homes on the internet, stopped into a few open houses, and finally spoke to a Real Estate Agent. You are very excited about owning your own home.
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