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.

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

Many lenders closely follow underwriting guidelines issued by Fannie Mae and Freddie Mac, the two government-sponsored entities that back and buy mortgages on the secondary mortga ...

Buying a home is a multistep process. Before applying for a mortgage, you'll have to get your finances in shape, choose a lender and be prepared for all the costs associated with homeownership. Here's ...

Don't assume you can't get a mortgage if you owe back taxes, but be prepared to take some steps to correct the problem. You'll need to adhere to an IRS payment plan and share the information with ...

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

Just be prepared: The borrowing process is a bit different from other ... and that number — minus what you owe on your main mortgage loan — will tell lenders how much equity you have and ...

When considering a loan, choosing the right bank can significantly affect your financial journey. Mission Valley Bank stands ...

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.

From choosing the perfect vehicle to figuring out financing, the process ... BDO Auto Loan comes in to make your car buying journey a smoother experience. Here’s a simple 3-step guide to help ...