Whеn аррlуing fоr a lоаn уоu’ll nееd tо hаvе сеrtаin infоrmаtiоn аvаilаblе tо fill оut уоur аррliсаtiоn. Onе оf thе firѕt ѕtерѕ in thе lоаn рrосеѕѕ iѕ filling оut аnd соmрlеting аn аррliсаtiоn. It is often required thаt thе infоrmаtiоn аn аррliсаnt givеѕ is verified bеfоrе grаnting thе lоаn as раrt оf thе undеrwriting оr […]
About Mandy Deak
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Entries by Mandy Deak
Have you ever wondered how mortgage rates are determined? Mortgage rates are largely dependent on the changes in the market and economy. As common with stock markets, interest rates tend to fluctuate each day and this also applies to the mortgage market. Mortgage rates tend to rise when the economy is strong and drops when […]
When it comes to Mortgage loans, rates, and terms, there are many options. Today, we will discuss the two most common loan options; The 15-year fixed rate and the 30-year fixed rate. In the United States, the 30- year fixed rate is usually the most preferred type of mortgage loan. According to a report by […]