Top Mortgage Terms To Know
While most mortgage web sites offer a glossary containing hundreds of real estate and lending
Continue ReadingCommon Documents Required For A Mortgage Pre-Approval
It's important to know what documents are required for a mortgage pre-approval. Even though many
Continue ReadingCalculating Loan-to-Value (LTV)
Understanding the definition of Loan-to-Value (LTV), and how it impacts a mortgage approval, will
Continue ReadingWhat’s My Debt-to-Income (DTI) Ratio?
Debt-to-Income (DTI) is one of the many new mortgage related terms many First-Time Home Buyers will
Continue ReadingWhat’s The Difference Between A Single Family, Second Home and Investment Property?
When applying for a mortgage, a borrower's "Occupancy Type" is a major factor in the amount of down
Continue ReadingAlternate Sources For Establishing Credit
While the basic Rule-of-Thumb for acceptable credit history is a minimum of four trade lines
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