How much can I borrow from mortgage lenders?

Answer 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 »

Top Q&A For: How much can I borrow from mortgage lenders

When can lenders forclose on a mortgage?

Each lender has different guidelines that dictate when it will initiate foreclosure proceedings against a borrower. On average, a lender will begin foreclosure proceedings after three missed mortga... 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.

What are Fannie Mae mortgage lenders?

The Federal National Mortgage Association, often referred to as "Fannie Mae," is a government-sponsored stockholder-owned corporation founded by Congress in 1938 to purchase mortgages in the second... Read More »