Posts Tagged ‘lending’
Mortgage Financing for Manufactured & Mobile Homes: The Different Lending Rules
Mortgage Financing for Manufactured and Mobile Homes: The Different Lending Rules Manufactured and mobile home financing is a special niche of home financing and fall into the category of factory built homes. Factory built homes are prefabricated homes built offsite and then are delivered to the site by truck. Both manufactured homes and mobile homes…
Read MoreHow NOT to Post a New Listing: Tips to Avoiding Lending Disasters
How NOT to Post a New Listing: Tips to Avoiding Lending Disasters With all the legal and compliance rules, many listing agents are actually shooting themselves in the foot by over disclosing with excessive notes in their listings. All notes in a listing are available to appraisers when the property is being financed. Not all…
Read MoreHow High of a Fico Score Do I Need to Get the Best Mortgage Rate?
How High of a Fico Score Do I Need to Get the Best Mortgage Rate? Not All Fico Scores Are the Same … Mortgage Lending Scores are Different. Credit scoring is quite complicated and deceptive in the mortgage market and a low score, as opposed to excellent score, can affect one’s interest rate as much…
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