Mortgage Lender 360 Blog

Do I need a FHA Loan?

There are lots of reasons to ask your lender for an FHA loan instead of taking a conventional or an expensive and risky sub-prime mortgage loan. Why not take advantage of the many benefits and protections that only come with FHA:

Easier to Qualify - Because FHA insures your mortgage, lenders are more willing to give loans with lower qualifying requirements so its easier for... Read More

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KNOWING YOUR RIGHTS

This may be the largest and most important loan you get during your lifetime. You should be aware of certain rights before you enter into any loan agreement. Many times people leave the closing table feeling confused and taken advantage of because they didn’t quiet understand their loan in its entirety. Causing numerous sleepless nights and unanswered questions. As a... Read More

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Obtaining the Funds to Close the Deal


It is imperative that as a potential home owner you seriously consider the total cost or your purchase. Often the cost of real estate financing is routinely greater than the original purchase price of a home (after including interest and closing costs). Because financing is so important, buyers should have as much information as possible regarding mortgage options and... Read More

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To Use or Not to Use a Mortgage Broker

mortgage broker, primary lender


For those interested in getting a new home loan, the help of a mortgage broker can be indispensable. One of the main benefits of using a mortgage broker is that he or she has already done all the footwork for you. The mortgage broker does not work with only one financial institution but rather with a huge number of them. Therefore, when you use a mortgage broker you are... Read More
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Easy Ways to Enjoy a Reduced Mortgage Payment

mortgage payment, mortgage loan Buying a home is a huge step, and most people are prepared. They plan ahead, save money, and become familiar with the home loan process. Unfortunately, buying a home is a huge financial investment, and some people aren’t prepared for the mortgage payment. After living in the home for several months, a few realize that the mortgage is too expensive, and they look for a way... Read More
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How Long Does it take to Process a Commercial Loan?

Commercial lenders universally exaggerate how quickly they can process a commercial real estate loan. They'll tell you over the phone that they can close your commercial real estate loan in just 45 days. The truth is that most banks and CMBS lenders will usually take at least 3 months to close the typical commercial real estate loan.

One of the reasons why the process could... Read More

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Do I need a Mortgagae Broker to secure a Mortgage Loan?

For many the thought of whether or not you need a mortgage Lender could be a one way ticket to peace of mind or an added expense. There is much talk about the economy and people are looking for ways to get more for their dollar. However, sometimes cutting cost in the beginning could cause you great stress years down the line. The key to deciding whether or not you need a... Read More

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Get a Home Mortgage with Little Credit History

Purchasing a home is a big step and a huge investment. While people apply for mortgage loans every day, lenders are hesitant to approve certain types of applications.

Mortgage loan requirements vary from lender-to-lender. For the most part, they prefer applicants with a good credit history, and applicants who have a down payment. Yet, some people attempt to buy a new home... Read More
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Getting a Mortgage Loan is More Complicated than Ever

mortgage loan, mortgage broker Getting a mortgage loan is more complicated than ever. Everything has to be perfect before the loan will be funded. I talked to a mortgage broker who is a friend of mine and she told me some horror stories about some closings that took forever because the lender required everything to be absolutely perfect. One of her closings got seriously delayed because there was a... Read More
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Recent Posts
Good News for Those Wanting a Mortgage Loan or Car Loan
Some Tips For Going Into Your First Mortgage
For People Planning To Apply For A First Mortgage
A Mortgage Lender Can Explain FHA Loans to You
Is a Second Mortgage a Good Idea?
A Mortgage Payment is But One Expense of Owning a Home
Reasons for a Second Mortgage
Contact a Mortgage Lender Before You Start House Hunting
What to Look for in a Home Loan Lender?
Refinance and Decrease Your Home Mortgage Payment
Tips on managing a mortgage payment
Work with Your Mortgage Broker to Get a Good Loan
Why Is It Hard to Get a Mortgage Loan?
Tight New Rules for Getting Mortgage Loan Make Sense in Light of Fannie Mae and Freddie Mac Crisis
What is a Bi-Weekly Mortgage Payment?
Keep Your Mortgage Payment Affordable
Do I need a FHA Loan?
KNOWING YOUR RIGHTS
Obtaining the Funds to Close the Deal
To Use or Not to Use a Mortgage Broker
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