There are many reasons why homeowners opt to refinance, from obtaining a lower interest rate, to shortening the term of the loan, to switching mortgage loan types, to tapping into home equity.
Archives for November 2012
For today’s buyers and refinancing homeowners in Indianapolis, softening guidelines hint at a quicker, simpler mortgage approval process; one which gives more U.S. homeowners better access to today’s ultra-low mortgage rates. Although banks are easing guidelines, it doesn’t mean that we’re returned to the days of no-verification home loans. Today’s mortgage applicants should still expect to provide lenders with documentation to support a proper loan approval.
Buying your first home is exciting, but you should also do your research to make sure you ask the right questions. Here’s a list of 6 to get you started
Using data compiled by real estate market data firm Altos Research, Forbes Magazine recently presented America’s most expensive ZIP codes for 2012.
The credit score average for approved mortgage applicant was 750 last month. From The Today Show from NBC, here are basic tips to maximize your FICO.