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 ...
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 ...
Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.29%. On a 20-year mortgage refinance, the ...
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 ...
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 ...
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 ...
The issue of appraisal bias — where home valuations can come out differently based on individual traits of a homeowner, such as race or age — is top-of-mind for the federal government. A series of ...
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 ...
No-appraisal home equity loans can be processed faster than those that require an in-person assessment. Unlock cash from within your home Unlock cash from within your home Online loan application ...