As the Consumer Financial Protection Bureau strives towards creating more transparency within the mortgage industry, these truths remain. Here are four things you won’t hear from your bank at loan application… ‘You Can Get a Better Deal Elsewhere’ Fannie Mae and Freddie Mac publish mortgagee guidelines banks use to originate loans, in order to ultimately…
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If recent mortgage rate movement has spooked you into refinancing, you’ll want make sure to pay particularly close attention if your loan size is bigger than $417,000. Jumbo investors in the marketplace are offering lucrative rates and deals. Which Investor Plays a Role It does not matter where you apply for a mortgage. Whether you…
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All too often, the water cooler talk circulates and the stories about mortgage companies dropping the ball become ingrained with would be borrowers and the real estate community alike. How to stop changes before they happen… Rates & Loan Fees Change Fees changing and rising, sting the most. Nothing is more frustrating for a consumer…
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