Part II I am sure you hear a lot of feedback from employers and employees about their work relationships and come across common mistakes that
In this column, Eli Garfinkel, owner of Placemint Agency in Lakewood, New Jersey, will be answering your questions about getting a first job, getting a
Lenders re-verify your credit just prior to closing to look for any recent changes. In other words, although your credit was pulled at the start
Lenders look at employment history when considering applicants for a mortgage. Two years’ history is the standard amount of time that lenders typically examine. But
As discussed in previous articles, the appraised value of a home is dependent on a variety of factors. Often, a homeowner will not “agree” with
For those who haven’t seen a transcript, it’s basically a summary of everything you would see on a 1040 tax return filing. Form 1040 tax
Federal regulations dictate how lenders and appraisers must act throughout the appraisal process. After the housing crisis, the government wanted to increase appraiser independence to
What are interest rates dependent on? Many times one person will buy a house and get one rate with one lender, and his friend will
In order to qualify for a mortgage, a loan officer has to identify the borrower’s current monthly debts and add that to the proposed payment
“Having no credit history can be as detrimental, or worse, than having a bad credit history.” There are five factors that make up your credit
Many people think the word mortgage is synonymous with a loan. In truth, the word mortgage is a term that’s synonymous with lien, only specifically
We’ve already explored some topics relating to mortgages, such as when to apply for a loan, credit scores, using gifts for a down payment, and
