Applying for a mortgage and purchasing a home is a significant step. Did you know that when you apply for a mortgage can affect the interest you pay at closing? There is an optimal time to apply for ...

The full mortgage application takes place after you’ve had an offer on a home accepted. Your lender will investigate your financials and the property you’re purchasing to complete the application. Be ...

Since the 2008 recession, traditional mortgage lenders have had to tighten lending criteria. In many ways, this is good for borrowers as unethical lenders won't pressure them into taking on mortgages ...

Online-only mortgage applications can offer faster processing times and convenience, but may not be the best fit for individuals with complicated finances or who don’t fit the typical borrower profile ...

Within hours of your lender pulling your credit report, you might receive dozens of calls, texts and emails from random ...

If you've had "homeowner" on your vision board for a while and have finally saved enough money to make that dream a reality, it's tempting to rush through the mortgage application process. It's an ...

Of the millions who applied for a mortgage loan in 2023, close to 12% were turned down, according to the Federal Reserve Bank of New York. People are often rejected because of recent financial ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

Qualifying for a mortgage can be intimidating for first-time homebuyers and veteran homeowners alike. By learning what lenders look at when deciding whether to approve a loan, anyone in the housing ...

A preapproval letter shows how large a loan you can get and signals to home sellers that you are a serious buyer Written By Written by Contributor, Buy Side Aly J. Yale is a contributor at Buy Side ...

Applying for a mortgage is a big step, both towards becoming a homeowner and in terms of your finances. Ideally, when you finally submit your application, you will get approved — and it will be under ...

Time and again, research shows that comparison-shopping for a mortgage lender can help you obtain the best possible loan terms. Compare at least three offers. Before you apply for preapproval, ...