What is a correspondent mortgage lender?

Answer There are a few ways to secure mortgage financing to buy a home. The most common method is making an application through one of three entities: a mortgage lender, a mortgage broker or a corresponde... Read More »

Top Q&A For: What is a correspondent mortgage lender

What is the responsibility of a mortgage lender?

The general responsibility of a mortgage lender is to provide a borrower with a smooth transition from application to closing while adhering to all applicable laws and guidelines.SignificanceA home... Read More »

What Is the FHA Mortgage Lender Approval Process?

A depressed housing market, the sub-prime mortgage crisis -- which placed millions of home owners into risky mortgages -- and the fall of major mortgage lenders since 2007, has led to an upswing in... Read More »

How to Choose a Mortgage Lender?

After weeks, or months, of searching, you've found the property you've been looking for. Now what? It's time to start the mortgage process. It's not as difficult as you might think. Just take it on... Read More »

How to Find a Mortgage Lender?

You do not have to look hard to find a mortgage lender, but you do have to wade through them carefully. Finding the right mortgage lender, with the best loan offer, requires sifting through online ... Read More »