What is the definition of a mortgage company?

Answer A mortgage company operates to lend funds to borrowers to purchase or refinance a home or investment property. Additionally, the company manages the loan servicing until the end of the loan.Signifi... Read More »

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What is an Item comment policy requested by mortgage company My mortgage company is requesting an updated policy but I live in a condo with a homeowners assoc.?

There are two kinds of insurance in a condominium community: a master policy that covers all the real estate assets owned in common, and an HO-6 policy that an individual owner carries to insure th... Read More »

What Is the Difference Between a Title Company and a Mortgage Loan Company?

A title company and mortgage loan company are different types of companies working together to help you obtain and close on your mortgage loan. Basically, a mortgage loan company originates mortgag... Read More »

What is a Title Company Vs. a Mortgage Company?

In the real estate market, mortgage and title companies play key roles in creating and insuring home loans. Although these are companies that carry out very different functions, one could not opera... Read More »

What can a mortgage company do in a foreclosure?

In a foreclosure, the mortgage company holds many of the cards. For debtors facing foreclosure, knowing what a mortgage company can do in a foreclosure is very important.ProcessThe foreclosure proc... Read More »