Tag Archives: loan lenders

Credit Scores

I’m reading the book Mortgage Confidential: What You Need to Know That Your Lender Won’t Tell You by David Reed. On page 138, he notes when two people apply for a loan, lenders may use the score of the person … Continue reading

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Assuming The Owner’s Home Loan

Here are some tips from the book Foreclosure Myths: Lenders may want you to assume the loan. Lenders don’t want to foreclose. They want to make loans, collect fees and collect payments. They don’t want to incur the time and … Continue reading

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Mortgage Brokers Frustrated With FHA Loans

Mortgage brokers can’t make any money off these loans. So they have no incentive to steer people towards them. Otherwise, the loans are big with ordinary folks. Aside from FHA loans, it’s getting harder to find a loan. Lenders are … Continue reading

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