Understand the New Mortgage Rules
Posted on April 30th, 2014 by Underwood Mortgage Group
Starting January 10, 2014 the Consumer Financial Protection Bureau (CFPB) initiated new mortgage rules. The main goal of these rules are to to ensure that the borrower can afford to repay their mortgage. We have listed four main things that...
Posted in Real Estate Advice
read moreWhat Are Appraisals And How Do They Work
Posted on April 15th, 2014 by Underwood Mortgage Group
Appraisals are when an expert evaluates your home and property, estimating how much its value is. These experts are professionals that are licensed by the state, which requires courses and an internship to obtain. Appraisals are often required...
Posted in Uncategorized
read moreFind the Best Mortgage Rates in your State
Posted on April 1st, 2014 by Underwood Mortgage Group
Simply put, do your research when it comes to finding the best mortgage rate in your state. The first step is to get your credit scores so that each time you go to a new lender you can provide it and they won't have to pull it up multiple...
Posted in Real Estate Advice
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