Steep cost of homeowner’s insurance creating problems for lenders, buyers, and owners Homeowners are paying more for less insurance coverage, according to a new report, while some lenders report ...
A home is one of the largest purchases most people will ever make and signing a mortgage is one of life’s biggest commitments. Before signing, you must understand and carefully consider every decision ...
Lender-paid mortgage insurance (LPMI) is an option for borrowers who cannot afford a 20 percent down payment on a home. In this arrangement, the lender covers the cost of the mortgage insurance, which ...
The word "escrow" floats around often in the world of real estate, but do homebuyers really know what it means? According to a recent survey conducted by property tax services provider LERETA, only 52 ...
Securing financing for a home is among the most significant financial decisions you'll ever make. After all, the mortgage lender you choose has an impact not only on your monthly payment, but also on ...
Nonbank lenders continue to dominate the mortgage landscape, according to the latest data from the Home Mortgage Disclosure Act. Of the ten largest mortgage originators in 2024, just four were ...