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No appraisal needed?
Last November, the Federal Deposit Insurance Corp., the Office of the Comptroller of the Currency, and the Board of Governors of the Federal Reserve released

The questions a mortgage lender is likely to ask
Millions of mortgage applications are completed and sent to lenders each year. Part of the steps required include the lender gathering information about you—and sometimes
How to get the best mortgage rate
The mortgage industry examines a number of factors to determine not only if you qualify for a mortgage, but also what interest rate you’ll pay.

Getting a home appraisal
A property appraisal is different from a property inspection. The home appraiser’s job is to determine the current value of a house or other property.

What’s Right for You: Renting or Buying?
For many Americans, purchasing a home was a measure of financial success for decades. After the subprime mortgage crisis, people realized buying isn’t always smart

Need to use your 401(k) for a down payment? Here’s how.
Setting aside funds for a down payment for a home loan isn’t easy. Buyers obtaining a traditional loan need at least 20 percent as a