The Good Faith Estimate, Defined

March 13, 2015

in Mortgage Loans | Tagged , , , , , , ,

One of the most confusing aspects of the process for first-time homebuyers is the mortgage. Common homebuyer questions include: Where to get one, how to get one, and what does all that jargon mean? Advice abounds, especially on the Internet. One common tip is that you should compare offers from lenders before settling on one [...]

Can I Lower My Interest Rate for Mortgage with Bad Credit?

August 14, 2011

in Home Buying Guide, Mortgage Interest Rates | Tagged , , ,

One of the hallmarks of the American dream is home ownership, but gone are the days when banks were willing to offer low interest rates for mortgages with bad credit. At the height of the real estate bubble, it wasn’t uncommon for mortgage lenders to use creative financing to lend money to individuals with bad [...]