The time to close on a home mortgage is leveling off with an average of 46 days now. The time to close fluctuated recently following the implementation of the Consumer Financial Protection Bureau’s TILA-RESPA Integrated disclosure rules. Average Time for you to Close: 46 Days But the ... » Learn More about Average Time for you to Close: 46 Days
Mortgage Tips
Renew provides energy efficiency financing to Florida
In an effort to drive widespread sustainability, Renew Financial is expanding energy-saving opportunities across Florida’s largest cities. Renew provides energy efficiency financing to Florida Eco-friendly roofing, wind-resistant windows, efficient air conditioning and insulation are only a ... » Learn More about Renew provides energy efficiency financing to Florida
Do you possess ‘average’ credit? If so, finding a mortgage can be tough
During the early 2000s, getting a mortgage was hardly difficult thanks in great part to lax lending standards. This practice eventually resulted in a bubble forming within the nation’s housing market - which, we are all aware, subsequently burst. Ever since then, the pendulum has swung the other way ... » Learn More about Do you possess ‘average’ credit? If so, finding a mortgage can be tough
Loan problems and misrepresentation declines nationally
Low interest rates and far better loan processing have produced the smallest national degree of loan defect and misrepresentation in the recent past, according to First American Financial Corp. The financial firm’s Loan Application Defect Index shows defect and fraudulent information submitted on ... » Learn More about Loan problems and misrepresentation declines nationally
U.S. is going to continue HARP home loan package
Seven years after the federal government first offered an option to help some homeowners refinance into more cost-effective mortgages, the program will be extended yet again, and plans for a new refinancing program will be completed. The Home Affordable Refinance Program, or HARP, already has been ... » Learn More about U.S. is going to continue HARP home loan package