When you apply for a mortgage, the potential lender will ask for a written verification of employment to establish your ability to repay the loan. Here’s why that document is important. Meeting lending standards Lenders...

When you apply for a mortgage, the potential lender will ask for a written verification of employment to establish your ability to repay the loan. Here’s why that document is important. Meeting lending standards Lenders...
Significant financial misfortune may lead you to do the unthinkable: file for bankruptcy. You may fear that this means the American dream of homeownership is out of reach, but all is not lost. Homeownership after...
The loan processor you work with when you apply for a mortgage isn’t the person who decides whether you qualify for a loan. That power lies with the mortgage underwriter. How do underwriters decide whether...
The mortgage approval process can be stressful for anyone, but self-employed people encounter an extra measure of scrutiny. You may have succeeded in pursuing the American dream of owning a business only to find that...
It’s a shock when your application for a mortgage is declined. You are excited about owning a home, but the opportunity gets snatched away. What can you do about a mortgage application denial? First things...