If you apply for a mortgage to buy a home or to refinance your current home loan, chances are high that your mortgage lender is going to require you to get an appraisal before approving you for the ...
Do you need a home appraisal to qualify for a HELOC or home equity loan? While you've been focused on everything else life throws at you, your property has been working behind the scenes. Most people ...
The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) this week announced a new policy enabling mortgage borrowers to “request a re-assessment of the ...
If you took out a mortgage in the last year or two, you might still be reeling from the closing costs you paid — and understandably hesitant to repeat the process even if mortgage rates have ...
Lenders require appraisals for home equity loans and HELOCs to reduce the risk of default and ensure they can recover the loan amount if borrowers do not repay. Home ...
Under the category of careers that are, or will be, impacted, by artificial intelligence, attorneys are inevitably on it. Here’s a tale of a lawyer caught using AI while explaining to the Court why he ...
When it comes to borrowing money, homeowners are at an advantage right now. Rates on personal loans, mortgage loans and other lending products are higher than they were just a couple of years ago — ...
Eighteen months after the Dodd-Frank Wall Street Reform and Consumer Protection Act was passed, the rules shaping its implementation have begun to rain down from the designated regulators. For the ...