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What Happens If I Lose My Job During the Mortgage Process?
You are midway through the process of closing on a new home or a refinance mortgage. Then you lose your job. In today’s coronavirus crisis climate, plenty of home buyers and homeowners have face Jul 29, 2020
New FICO “Resilience” Credit Score Could Help Borrowers
As the U.S. economy reels from record-high unemployment and continued COVID-19 shutdowns, the Fair Isaac Corp. (FICO), a global analytics company and producer of the FICO credit score, released a new Jul 15, 2020
Buying a First Home in an Expensive Area
For Americans living and working in the nation’s most expensive real estate markets, homeownership can seem like the impossible dream. Prices are high and options can be limited. It may feel lik Jul 01, 2020
What is an ARM loan?
While fixed-rate loans are one of the most popular choices for mortgage loans, there is another choice: the adjustable-rate mortgage or ARM loan. If you’ve ever wondered what an ARM loan is or w Jun 17, 2020
Understanding Mortgage-related Insurance
When you buy a home with a mortgage, you will be required to pay all sorts of insurance, including homeowner’s insurance, title insurance and private mortgage insurance. What are all these polic Jun 03, 2020