A mortgage preapproval provides an estimate from a specific lender that details how much they're willing to lend you based on ...

CNBC Select explains how to apply for a mortgage, from preparing financially and getting preapproval to undergoing the underwriting process and finally closing.

Before underwriting, a loan officer or mortgage broker collects credit ... the reports and paperwork are in. The next step in the underwriting process is income, asset and employment verification.

A mortgage is a loan used explicitly for purchasing a property, where the property itself serves as collateral for the loan.

"However, in practice, most cases of VA loans usually only involve two persons: one veteran and a spouse," says Alexei ...

A satisfaction of mortgage document includes details of the mortgage loan, provisions ... and the steps taken to transfer the property title. The process of preparing and filing the satisfaction ...

A mortgage banker is an individual or financial institution that directly originates and funds mortgage loans, guiding ...

How long can you lock in a mortgage rate? Most rate locks last 30 to 60 days to give the lender enough time to process the loan. If the lender doesn’t process the loan before the rate lock ...

Every financial institution has its own process for applying for a second home mortgage. However, there are a few general steps to follow: Each lender has unique criteria when approving a loan ...

Types of mortgage lending discrimination Mortgage discrimination doesn't just happen when someone is explicitly denied a loan because ... at all steps in the housing process and applies to those ...

Refinancing a mortgage may be a good move for you if you can lower your current interest rate or shorten your term to save on your monthly payments. But those aren’t the only reasons. Maybe you ...