Mortgage Grader

Jun
19
2021

Fed’s Decision to Keep Interest Rates Low May Sink Home Prices in 2022
Chapman University economist sees home prices falling as much as 10% two years from now. But a Wells Fargo economist says prices will keep rising over the next few years. By Jeff Lazerson | jlazerson@mortgagegrader.com | MortgageGrader.com | June 19, 2021. Sometimes you just have to take...

Jun
16
2021

All About Liens and Home Loans
A lien is a property right someone else has on your property and gives the lienholder legal power to take your property as compensation if you default on your payments or break the contract terms. A mortgage is the most common type of property lien. If you don't pay back the home loan, the...

Jun
12
2021

Self-employed borrowers still struggle to qualify for government-backed loans
Pandemic-era rules penalizing self-employed borrowers for income drops remain in effect. By Jeff Lazerson | jlazerson@mortgagegrader.com | MortgageGrader.com | June 12, 2021 Last week, Fannie Mae started a new program named Refi Now to help low-income borrowers with high debt...

Jun
09
2021

Is Buying A Home With Bad Credit A Smart Choice?
Have less-than-optimal credit? That doesn't necessarily mean you have to put your dreams of homeownership on pause. There are several factors that mortgage lenders consider when you apply for a loan, and there are even options available specifically for those with poor credit. Read on...

Jun
05
2021

HUD issues mortgage underwriting rules favoring temporary foreign workers
U.S. Citizens, permanent residents require two years of employment, while H1-B visa holders now need just one year for FHA loan approvals. By Jeff Lazerson | jlazerson@mortgagegrader.com | MortgageGrader.com | June 05, 2021 At the quiet dawn ahead of the Memorial Day weekend, the U.S....

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