When it comes to ARMs there's a basic rule to remember...the longer you ask the lender to charge you a specific rate, the more expensive the loan.
Adjustable Rate Mortgages (ARM)
September 9, 2015
Mortgage lenders have control over a variety of aspects in the loan process. They lock the loan term and rate, verify the loan information, and draw t...
What do Mortgage Lenders do?
August 8, 1998
A credit score measures a consumer's credit risk relative to the rest of the U.S. population, based on the individual's credit usage history. The cred...
Credit Risk Score
Thirty-Year Fixed Rate Mortgage
September 17, 2009
What are the Advantages of a Mortgage Lender?
June 21, 2003
What is a Mortgage Lender?
July 1, 1999
September 2015 (2)
September 2009 (1)
June 2003 (1)
July 1999 (1)
August 1998 (1)
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Lenders, being in control of the loan, can bring results in a shorter amount of time with a lower cost and interest rate than that of brokers. Since a lender handles the loan application entirely, the borrower has more confidentiality with a lender.