The Mortgage Underwriting Process: Everything You Need to Know
In order to get a mortgage loan, you’ll have to go through a lender’s mortgage underwriting process – including for a home equity loan or home equity line of credit (HELOC) or cash-out... more
Your mortgage loan got denied in the underwriting process? We’ve got answers.
If you’re getting a mortgage loan, you’ll need to go through a lender’s mortgage underwriting process It’s the step in which your lender reviews your loan application to determine if your... more
How to Lower Your Debt-to-Income Ratio: Proven Strategies Homeowners Use to Improve Their DTI
As a homeowner, one of the most important numbers to keep an eye on is your debt-to-income (DTI) ratio This ratio is a comparison of the amount of debt payments you owe each month to the amount of... more
What Happens When a Mortgage Goes to Underwriting?
When a mortgage loan goes into underwriting, your credit and financial background are reviewed to determine whether your application can be approved This can include an assessment of your credit... more
We thought you might ask…why are we building House Numbers?
We created House Numbers to help homeowners gain more financial independence It’s something both personal and meaningful to tens of millions of Americans What that looks like for you will be... more
Refinancing Isn’t Just for Your Primary Mortgage
Refinancing your mortgage can be a game-changer when it comes to managing your finances and achieving your goals Many homeowners are familiar with refinancing their initial purchase mortgage, but did... more
What Documents Do I Need When Applying For A Mortgage
One of the most common questions a loan officer receives from a homeowner is, “What documents do I need when applying for a mortgage” It’s a great question, and the answer will vary somewhat... more
When A Higher Mortgage Rate Might Make Sense
When mortgage rates increase, the last thing homeowners want to do is consider applying for a new mortgage But that could be a mistake, especially if you have equity in your home and are looking to... more
Three C’s of Underwriting And How They Impact Your Mortgage Application
Capacity, Credit, and Collateral are the three C’s of underwriting Since they can significantly impact your mortgage application, you should take the time to understand how they are used in the... more
5 Ways to Access Your Home Equity
If you’re a homeowner looking to access your home equity for cash, you’ve got a few options to choose from You can pick a HELOC, home equity loan, cash-out refinance, reverse mortgage, or home... more
