There are plenty of articles online that cover the steps needed to get a mortgage broker’s license. So I’m not going to recreate the wheel by addressing those steps here. Instead, I’d like to cover some of the unwritten rules you should know about, if you want to become a mortgage broker in the United [...]
Mortgage Loans | Brandon | 
February 11, 2010 9:10 am | 
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Current mortgage rates are lower than they’ve been in many years. In fact, we saw record-low interest rates earlier this month. At the time this article was published, the current rate for a 30-year fixed mortgage was just over 5%. They may be higher or lower by the time you read this article.
But that’s not [...]
Mortgage Loans | Brandon | December 27, 2009 1:13 am | Comments Off
How do I apply for a home loan modification under the Making Home Affordable program? What steps do I need to take when applying for a mortgage modification?
On the surface, this seems like an easy question to answer. But unfortunately, there’s enough misinformation posted online to keep homeowners scratching their heads in dismay. So I’ve [...]
Mortgage Loans | Brandon | December 26, 2009 9:15 am | Comments Off
On January 1, 2010, some new rules will go into effect that are designed to make Good Faith Estimates more accurate, and to help borrowers in their mortgage shopping efforts. Here’s what you need to know about it.
What is a Good Faith Estimate, Anyway?
When you apply for a mortgage loan, the lender is required to [...]
Mortgage Loans | Brandon | October 19, 2009 3:47 pm | Comments (0)
Is it really possible to get home loan quotes online these days? And if so, how does the process work? Is it safe? Which websites are the best for getting quotes on mortgages?
These are common questions among first-time home buyers, and it’s easy to understand why. Applying for a home loan online can be downright [...]
Mortgage Loans | Brandon | October 1, 2009 8:22 am | Comments (0)
Are you planning to buy your first home in 2010? If so, you might want to look into FHA loans as a financing option. There are several key benefits to this mortgage program, and we will discuss each of them below. We will also talk about the guidelines and requirements for the FHA home loan [...]
Mortgage Loans | Brandon | 6:53 am | Comments (0)
Did you know that carrying too much credit card debt can hurt your chances of getting a mortgage loan? It’s true. But it comes as a surprise to a lot of first-time home buyers. I know, because I get a lot of their emails. They say things like this: “I knew my credit card debt [...]
Mortgage Loans | Brandon | September 29, 2009 7:49 am | Comments (0)
Thinking about buying a home next year? Need a mortgage to help pay for it? If so, you should review the checklist below to make sure you have what it takes to qualify for a mortgage loan in 2010.
It’s Harder to Qualify for a Loan These Days
We will discuss how to qualify for a home [...]
Mortgage Loans | Brandon | September 27, 2009 1:28 pm | Comments Off
Most of the time, mortgage lenders do what they are supposed to do. They disclose all of the information they are required to disclose. They handle payments and service the loans accurately. They play by the rules. But sometimes, mortgage companies step outside the legal lines.
If you feel your lender is treating you wrong or [...]
Mortgage Loans | Brandon | September 25, 2009 7:52 am | Comments Off
Homeowners seeking a loan modification must learn to help themselves, or they will fall by the wayside. Fortunately, a new educational DVD from a trusted name in personal finance explains how to do it.
“While 15 percent of eligible homeowners have been offered help through the mortgage modification program, the low rate of actual mortgage reductions [...]
Mortgage Loans | Brandon | August 6, 2009 6:53 am | Comments (0)