The Mortgage Bankers Association reported Wednesday morning that mortgage interest rates have fallen to a level not seen since last November. Mortgage applications rose by 7.1% last week.
If you would like to buy a home in need of a little TLC, a FHA 203k mortgage loan may be a good option.
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Checklist and tips when applying for a mortgage loan
Understand the main elements to assessing the qualification of a loan application and use the provided checklist that gives step-by-step details as to the documentation you will need for the loan interview.
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Not all hope is lost: What to do when your mortgage loan application is denied
One roadblock does not equal the end of homeownership dreams.
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Want to prequalify for a mortgage loan?
Tips on getting your mortgage loan approved, the right way! Valley West Mortgage can help you get started!