Good & Bad Mortgage Lenders?

Answer Buying a house and getting approved for a mortgage loan is a major accomplishment. But too often, a home buyer chooses the wrong lender and gets stuck in a bad loan. Recognizing the signs of a bad ... Read More »

Top Q&A For: Good & Bad Mortgage Lenders

Who governs mortgage lenders?

The Office of the Comptroller of the Currency oversees national mortgage lenders. These include the major national banks such as Bank of America. The Federal Reserve System governs mortgage lenders... Read More »

How to Talk to Mortgage Lenders?

Before you talk to mortgage lenders you should learn about your choices. In any time of economic distress it will be harder than usual to acquire a new mortgage or to refinance. Demand and boom and... Read More »

Do Mortgage Lenders Have to Charge PMI?

PMI, or private mortgage insurance, is a type of insurance that mortgage lenders may require in order to guarantee a loan. While many lenders may claim that it is a requirement, it is not mandatory.

How much can I borrow from mortgage lenders?

The amount you can borrow from mortgage lenders when applying for a home loan depends on your current financial situation and your history of paying down previous debts. Mortgage lenders often give... Read More »