The Mortgage Hub Blog

For most borrowers, proving income is the easiest part of the process. Submit a couple of pay stubs, perhaps ask your employer for a proof-of-income..

If you’ve ever researched the mortgage process, you were—and maybe still are—completely confused by all the different people involved.

The total cost of your mortgage is a combination of three factors: the upfront cost (a.k.a. “discount points”), interest rate, and other loan costs.

Mortgage lenders don’t shy away from risk… so long as they can price that risk at a level that they can make a profit.

As a homeowner, you strive for energy efficiency to lower your bills, and advancements in design and technology are re-shaping energy usage..

Despite reducing their debt balance, a client of mine recently noticed a drop in their credit score, which seemed counterintuitive. If they paid down..

While a few lenders still require borrowers to come up with at least 5 percent of their down payment, most allow you to use gift money from a donor..

Loan Officers work hard to get the most current, comprehensive view of your finances so—in addition to bank statements—they’ll often ask you to..

It’s never a foregone conclusion that you can use rental income to qualify for a mortgage, even if the property is generating positive cash flow.

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Calculating your income is a fairly simple exercise… unless you’re applying for a mortgage.

That’s because, for Conventional and FHA loans, Fannie..

It might be inconvenient, but you know maintaining your car is better than risking a major, expensive breakdown. Plus, if you don’t maintain it, the..

Even when you’ve saved enough for a down payment, you’re not quite out of the woods as far as getting your mortgage application approved.

That’s..

When you’re dreaming about your new home—especially if it’s the first one—the last thing on your mind is an impound account. But impound accounts..

Aldo and his wife Jessy were finally ready to realize their dream: to buy the first house that they and their two young children could call home.