The best Mortgage Loan News & Articles

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Here at Mortgage Loan, we have a few tips!
Proof of Income for a Mortgage
Mortgage

Proof of Income for a Mortgage

Income verification is a basic part of applying for a home loan. But there's more to providing proof of income than just handing over a couple of paystubs. You need to be able to show your earnings are stable. When making a down payment, you may have to be able to show the source of that money as well.

Kirk Haverkamp
7 months ago
The Ultimate Guide to Student Loans and Scholarships
Student Loans

The Ultimate Guide to Student Loans and Scholarships

Your brother got a free ride for college on a basketball scholarship, and your best friend has a hefty inheritance. Will you have to attend the local community college, or just wash a lot of cars to pay for the university of your choice? Don't worry…no matter your situation, there are loans to fit your needs.

David  Mully
7 months ago
Cold feet? Backing out of mortgage could cost you
Mortgage

Cold feet? Backing out of mortgage could cost you

It's not uncommon for home buyers to get cold feet when it's time to sign the papers that make their mortgage loan official. Taking on a monthly mortgage payment is a serious financial responsibility. Seeing all that new debt on paper can make even the calmest home buyer sweat a bit.

Kara  Johnson
7 months ago
Fannie Mae HomeStyle lets you buy and renovate with a single loan
Home Purchase

Fannie Mae HomeStyle lets you buy and renovate with a single loan

If you're looking to buy a fixer-upper home and renovate it, you might be considering Fannie Mae's HomeStyle Renovation program. The program, like similar products offered by private lenders and with FHA loans, allow you to include both the costs of buying a home and those needed to renovate it all in one loan product.

David  Mully
7 months ago
COVID-19 Guide: Coronavirus & Home Loans
Mortgage

COVID-19 Guide: Coronavirus & Home Loans

Coronavirus and Your Home Mortgage
Coronavirus (COVID-19) information guide: Key points relating to home loans, forbearance, mortgages, refinancing, real estate and the housing market.

David  Mully
7 months ago
3 options for buying your parents a home
Home Purchase

3 options for buying your parents a home

Buying a home for your parents to live in is basically buying a second home with another mortgage added to your monthly bills. That can be difficult to do, though there are two other options if adding another mortgage bill to your finances isn’t possible.

Kirk Haverkamp
7 months ago
What do you need to apply for a home loan.
Home Purchase

What do you need to apply for a home loan.

Applying for a home loan can be an intimidating process. It's one of the things that can cause first-timers to drag their feet the feet on buying a home. Even homeowners who've been through it before may put off refinancing simply because they fear an extended and cumbersome process.

Kirk Haverkamp
11 months ago