Category: Loans
Getting a Mortgage After Foreclosure
Finance KarmaDec 19, 2016
Getting a Mortgage After Foreclosure Foreclosures are the result of the homeowner defaulting on mortgage payments or taxes imposed by the federal and the state...
How Does a Second Mortgage Work
Finance KarmaDec 19, 2016
How Does a Second Mortgage Work? A traditional mortgage enables a person to buy a house by borrowing money from the mortgage lender. Generally, banks and credit unions...
Mortgage Loan Underwriting
Finance KarmaDec 19, 2016
Mortgage Loan Underwriting The entire financial condition of the applicant is reviewed during the mortgage loan underwriting process. The applicant provides the lender...
Types of Home Mortgage Loans
Finance KarmaDec 19, 2016
Types of Home Mortgage Loans Have you decided to buy a new home, but don’t know which loan to apply for? A home mortgage loan could be what you are looking for. It...
Disadvantages of a Reverse Mortgage
Finance KarmaDec 19, 2016
Disadvantages of a Reverse Mortgage As the name suggests, reverse mortgage (also known as conversion mortgage) is the opposite or mirror image of the conventional type....
