Mortgage Lenders - MoneyTips https://moneytips.com/mortgages/applying/mortgage-lenders/ Finally, money tips that make cents. Mon, 18 Mar 2024 14:24:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 How To Shop for a Mortgage: A Step-by-Step Guide https://moneytips.com/mortgages/applying/mortgage-lenders/how-to-shop-for-a-mortgage/ Fri, 27 Oct 2023 13:58:02 +0000 https://moneytips.com/?p=21349 Unless you have the cash to buy a house outright, you’ll probably need to shop for a mortgage. But what’s the best way to go about doing that? While the overall process can seem daunting at first, we’ve broken it down into seven straightforward steps. We’ve also included some tips at the end of the...

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]]> Home Buying, Simplified: 5 Steps with Helpful Resources https://moneytips.com/mortgages/home-buying-simplified/ Tue, 01 Aug 2023 13:51:31 +0000 https://moneytips.com/?p=19684 Buying a home can be overwhelming, especially for first-time buyers. That’s where we come in. We’ve broken down the process into five straightforward steps, including resources to help you complete each one.  As the adage goes, “How do you climb Mt. Everest? One step at a time.” 1. Organize Your Finances Your first order of...

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]]> What Are the Different Types of Mortgage Lenders? https://moneytips.com/mortgages/applying/mortgage-lenders/what-are-the-different-types-of-mortgage-lenders/ Tue, 24 May 2022 20:16:40 +0000 https://moneytips.com/?p=8875 Buying a home is more than a major life milestone. It’s a major financial investment. And with so much at stake, it’s important to work with real estate professionals, including mortgage lenders, that can offer accurate information and help you make smart decisions.  Our guide will help you recognize the different types of mortgage lenders...

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]]> Credit Union vs. Bank Mortgage Home Financing: Which Is Better? https://moneytips.com/mortgages/applying/mortgage-lenders/credit-union-vs-bank-for-home-financing/ Mon, 28 Feb 2022 20:12:18 +0000 https://moneytips.com/?p=4978 You’ve made a lot of progress in the home buying process. You’ve started saving money for a down payment, spent time house hunting and found your dream home. Now you’re ready to move ahead with a mortgage lender. And you’ve arrived at the point where you need to make the all-important “credit union vs. bank...

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]]> What Is a Verification of Mortgage? https://moneytips.com/mortgages/applying/what-is-a-verification-of-mortgage/ Wed, 16 Feb 2022 16:48:54 +0000 https://moneytips.com/?p=4819 Let’s say you recently sold your home and want to buy a new home. Or maybe you’ve decided to refinance your mortgage with a new lender. In either case, your new lender is going to want to know more about your history with your previous mortgage lender.  To get that information, they may request a...

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]]> 10 Crucial Questions To Ask a Mortgage Lender https://moneytips.com/mortgages/applying/mortgage-lenders/questions-to-ask-a-lender/ Mon, 29 Nov 2021 23:35:16 +0000 https://moneytips.com/?p=3027 No lender is one-size-fits-all. For example, different lenders can offer various types of mortgages, and there can be major differences in their fees and loan terms. Asking questions before committing to a lender is a critical step in the home buying process. We’ve put together what we consider the 10 most critical questions to ask...

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]]> Can You Move Your Mortgage to Another Bank? https://moneytips.com/mortgages/management/can-you-move-your-mortgage/ Mon, 01 Nov 2021 18:04:09 +0000 https://moneytips.com/?p=2586 Finding a mortgage lender is a bit like finding the right person to marry. After all, a home loan is probably the largest and longest loan you’ll ever take out. You could be in a “relationship” with your lender for up to 30 years.  But what if things change and you slowly fall “out of...

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]]> Guide to Finding The Best Mortgage Lender https://moneytips.com/mortgages/applying/mortgage-lenders/finding-the-best-mortgage-lender/ Tue, 17 Aug 2021 13:23:33 +0000 https://moneytips.com/?p=906 For most home buyers, there’s no buying a house without getting a mortgage – and there’s no getting a mortgage without getting a mortgage lender. Think of mortgage lenders as the gatekeepers to homeownership. If you pay with cash, you can skip right past the lender. But if you’re like the rest of us –...

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]]> How To Choose a Mortgage Lender: A Beginner’s Guide https://moneytips.com/mortgages/applying/mortgage-lenders/3-tips-for-choosing-a-mortgage-lender/ Wed, 14 Jul 2021 21:25:33 +0000 https://moneytips.com/?p=540 Prospective home buyers may assume that choosing a mortgage lender is all about getting the lowest interest rate. While mortgage interest rates vary by lender and should be a major consideration, there are many other factors, too.  Learning how to evaluate a mortgage lender requires understanding how lenders make decisions regarding mortgage applications.  In this...

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