Mortgage Articles

Want to get your personal finances in order but you're not sure how?
Here at Mortgage Loan, we have a few tips!
What Does Fannie and Freddie Mean to Borrowers?
Mortgage

What Does Fannie and Freddie Mean to Borrowers?

It seems the inevitable approaches for the US government and its "supported entities" Fannie Mae and Freddie Mac. Both, moving in tight alignment, have lost over 60% of their market value in the preceding 30 days. Hovering dangerously between $3-$5 a share. Something is certain to break.

Aaron Crowe
12 years ago
Time to Refinance Your Adjustable-Rate Mortgage
Mortgage

Time to Refinance Your Adjustable-Rate Mortgage

The lessons of the subprime mortgage crisis are obvious: If you have an adjustable-rate mortgage, refinancing to a fixed-rate home loan is a smart move. The sooner you act, the less likely you'll get caught between rising interest rates and declining home values.

Aaron Crowe
12 years ago
How to Lower Closing Costs
Mortgage

How to Lower Closing Costs

One of the disturbing things that came to light during recent investigations into the credit crisis is that lenders often overcharge consumers when they take out mortgages or home equity loans. Before applying for a loan, know what closing costs to expect and how to reduce or avoid them, if possible.

Kirk Haverkamp
12 years ago
Four Traits of a Good Mortgage Broker
Mortgage

Four Traits of a Good Mortgage Broker

A mortgage is the biggest investment most people will ever make. If you're going to use a mortgage broker for such an important transaction, be sure that you're working with the best. Here are some distinctive traits of the top mortgage brokers.

Kirk Haverkamp
12 years ago
Mortgages: Understanding Income Declaration
Mortgage

Mortgages: Understanding Income Declaration

When applying for a mortgage, you can choose to declare your income using a full income verification loan, or opt for a loan in which the lender doesn't verify how much you earn. Do you know what the differences are?

Kirk Haverkamp
13 years ago
Are Multiple Inquiries Killing Your Credit?
Mortgage

Are Multiple Inquiries Killing Your Credit?

A common fear is that multiple inquiries on your credit report will lower your score. That's partially true, based on who's doing the inquiring. If you're shopping for a car or home loan, inquiries won't lower your score. But if a landlord or credit card company takes a peek at your credit report, it's a different story.

Kirk Haverkamp
13 years ago