Tag Archives for " mortgage interest rates "
No matter what someone is shopping for, a car, a mortgage, a house, they always seems to search for the “lowest price” or “lowest rate”. Unfortunately, finding the “lowest” of something does not necessarily mean that you are finding the “best” that there is available. In the world of mortgages, the absolute lowest rate often […]Continue reading
NO CASH WHEN APPLYING FOR A MORTGAGE Unfortunately, cash is NOT KING when it comes to the mortgage and real estate industry. All $$$$ MUST be sourced. What does “sourced” mean? It means YOU must PROVE to the lender where all $ comes from. Loan officers and mortgage processors need to make sure thatthe borrower […]Continue reading