Financing and Mortgage

When it comes to buying a home and obtaining a mortgage, whether you're a first-time homebuyer or buying an investment property, the concern about ...

Securing a mortgage down payment can be a formidable challenge, especially for first-time homebuyers. However, there is a ray of hope: many popular ...

Difference between Lender Paid Compensation and Borrower Paid Compensation for Mortgage Broker In the intricate landscape of mortgage financing, ...

The Top Banks in America - A Comprehensive Review Introduction In this article, we present a comprehensive review of the biggest banks in America, ...

The Importance of Homeowners Insurance: Choosing the Best Independent Insurance Broker Protecting Your Biggest Investment Your home is likely the ...

Understanding Escrow or Impound Accounts: A Comprehensive Guide Introduction At Hausmarkt, we strive to provide you with the most comprehensive and ...

Understanding Your Mortgage Payment Breakdown of Components To effectively manage your monthly mortgage payment, it is crucial to understand its ...

Protecting Yourself and Your Closing Funds from Mortgage Closing Scams Introduction At Hausmarkt, we understand the importance of safeguarding your ...

Earnest Money: Earnest is a Virtue and a Deposit   One would think signing a contract would indicate one’s seriousness to purchase a ...

Closing Day: It's a Wrap! Don’t be nervous.  That’s the first and only rule of Closing day.  If you made it this far, then ...

What is a Closing Disclosure? The Closing Disclosure is a document provided to the borrower at least three business days prior to a mortgage loan ...

4 Pros and Cons of an FHA Mortgage Pros of FHA mortgage: Low down payment: An FHA loan requires as little as 3.5% down, making homeownership ...

What is the TRID Disclosure? TRID stands for TILA-RESPA Integrated Disclosure, a set of federal regulations in the United States that governs the way ...

A lender overlay is an additional set of guidelines or requirements that a lender may impose on top of the standard guidelines set by Fannie Mae, ...

Can I use Co-borrower for VA mortgage loan? Yes. There are several benefits to adding a co-borrower on your mortgage loan. What is a VA Loan? VA ...

It's Not A Party Until the Lender Shows Up The last main party to the deal is the buyer’s lender.  Love or hate, the lender facilitates ...

There are two types of bankruptcy, commonly known as Chapter 7 and Chapter 13.  Chapter 7 wipes out most of your debt by liquidating what you ...