by Mark Maldonado | Aug 27, 2024 | Mortgage Application
Navigating today’s real estate market can be challenging, especially when dealing with properties listed as “cash-only.” These homes often require extensive repairs or are in poor condition, making them difficult to finance through traditional means....
by Mark Maldonado | Aug 16, 2024 | Mortgage Application
When it comes to securing a mortgage, the terms and roles can often be confusing. One such term you might come across is “co-borrower.” Understanding what a co-borrower is and how they differ from other roles in a mortgage can help you make informed...
by Mark Maldonado | Jun 28, 2024 | Mortgage Application
With various regulations and guidelines to follow, it’s crucial to understand the role of the U.S. Department of Housing and Urban Development (HUD) in this landscape. HUD plays a vital role in regulating mortgage lending practices to ensure fair and equitable...
by Mark Maldonado | Jun 13, 2024 | Mortgage Application
Working through the mortgage process can be complex, and one significant yet often misunderstood aspect is the role of a mortgage loan servicer. You might be familiar with lenders, the entities that provide the funds for your home purchase, the servicer is the company...
by Mark Maldonado | May 31, 2024 | Mortgage Application
Understanding the difference between prime and subprime mortgages is essential for anyone entering the world of home financing. Prime mortgages are tailored for individuals with exemplary credit scores and stable financial profiles, offering them lower interest rates...
by Mark Maldonado | May 23, 2024 | Mortgage Application
The options for securing a mortgage have expanded beyond the brick-and-mortar banks to include online lenders. With this diversity comes a crucial decision for homebuyers: should you opt for the convenience of online lenders or stick with the familiarity of...