He is also the author of two books. kate_sept2004 / Getty Images Mortgage brokers are licensed professionals who connect borrowers with lenders. They do not issue mortgages themselves. For each ...

During the mortgage underwriting process, underwriters verify that an applicant actually qualifies for the proposed loan. This includes looking closely at their credit and finances to ensure they ...

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

home mortgage lenders want to make sure it’s worth what you’re paying for it. As part of underwriting, they’ll send out an appraiser to determine the value of the home. Once you find your ...

There are a few reasons for the higher spread: For example, market volatility had made lenders more conservative in their mortgage underwriting, and that conservatism was exacerbated by the ...

Why We Like It We love Movement Mortgage because of its fast closing times for construction loans—underwriting results within six hours of receiving an application, loan processing within seven ...

Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are ...

"Despite discontinuing the use of the CDR in SouthEast Bank's student loan underwriting criteria almost 4-years ago, the Department of Education has relied on the use of CDR since 1990 and ...

Forbes Advisor compiled a list of lenders that offer first-time home buyers low-down-payment mortgages, specialty loans, flexible underwriting and reasonable costs to simplify your mortgage ...

Mortgage rates may have inched up to the highest level in nearly eight months, but that’s not stopping one group from jumping into the market. Some homeowners are sinking their teeth into ...

Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges. The average rate on a standard, 30-year fixed ...