What To Do if Your Mortgage Application Has Been Denied

The last thing you want to hear when you apply for a mortgage is that it’s been denied, but it happens. The good news is that it doesn’t mean it’s the end of the road for you. The bad news is that you have a lot of work ahead of you.Compare Offers from Several...

How to Get a Loan to Buy Land

Do you plan to buy land that doesn’t have a home on it yet? You may not be able to get a mortgage, even if you have the good intention of building a home on the land ‘someday.’ Mortgage lenders don’t like to take the risk on unimproved land. It doesn’t hold its value...

Mortgage rates move up for Friday

Multiple closely watched mortgage rates moved higher today. The average rates on 30-year fixed and 15-year fixed mortgages both increased. The average rate on 5/1 adjustable-rate mortgages, or ARMs, the most popular type of variable rate mortgage, also climbed higher....

How Non-Permanent Resident Aliens Verify Employment

Buying a house is a part of the American dream. But, for non-permanent resident aliens, it can mean a lot of obstacles to get through first. It’s not impossible to buy a home for primary use if you are not a citizen, but knowing the obstacles you’ll face ahead of time...

When is a Mortgage Payment Considered Late?

You’d think if you missed your mortgage payment due date (usually the 1st of the month) that your mortgage payment is late. That’s not the case though. You have a little longer than you think to get your mortgage payment into your lender before you pay the late...