Mortgage Articles
What factors do mortgage lenders consider?When you apply for a mortgage, your lender will review 3 main factors to determine whether or not to grant you the loan...
Credit ScoringCredit scoring is used by lenders to assess the credit risk of a loan applicant quickly and objectively...
Mortgage and refinance examples
80/20 piggyback mortgage vs. standard mortgage with PMIA comparison of a "piggyback" loan, a first and second mortgage combo, to a regular loan where the borrower will pay private mortgage insurance (PMI) down to 78%.
When to refinance your mortgageScenario where borrower can refinance at a lower rate but wants to make sure that if she does, she will actually save money.
Refinance or take out a second mortgage?Shows the pros and cons of popular techniques for debt consolidation, refinancing of the first or second mortgage. This example deals with lowering the rate on a mortgage as well as consolidating credit card debt.

