Purchasing resources for Residential Lenders


Resources and regulations for mortgage lenders and brokers and a state-by-state directory of mortgage lenders.

Search Results

Equity Release

Consumer information site exploring retiree's options and the pros and cons, and releasing the equity in their homes.

http://www.equityreleaseschemes.net
Great Northern Mortgage Corporation

Mortgage brokerage firm offering residential and commercial real estate financing.

http://www.getlowrate.com
Highland's Mortgage Company

Highland's mortgage company is a national mortgage broker- mortgage banker offering offices throughout the U.S. Home loans on time, as promised.

http://www.HighlandsMortgage.com
LenderStreet

LenderStreet.com is the destination for prospective homebuyers who want unbiased information that helps link them with a mortgage loan originator.

http://www.LenderStreet.com
401k Plans

Information on 401(k) plans.

www.business.com/finance/401k-plans/
401k Rollover

Business directory to 401k rollover information and advice.

www.business.com/finance/401k-rollover/
403(b) Plans

Resources and services for 403(b) plans.

www.business.com/finance/403b-plans/
Retirement Consultants

Retirement industry advisers and consultants.

www.business.com/finance/retirement-consultants/
Residential Lenders Key Terms

Source: /guides/residential-lenders-key-terms-40310/

Buying a house can be an exciting and frustrating time for anyone. The home buying and loan process is one that should not be jumped into lightly. Read More »

Residential Lenders News and Trends

Source: /guides/residential-lenders-news-and-trends-24690/

Mortgage lending institutions must stay on top of the economic changes that take place in the market. To compete successfully, you must be armed with the latest mortgage lending news. Read More »

Residential Lenders


Whether you’re purchasing your next owner-occupied property or an investment home for your portfolio, chances are you’re going to need to work with someone in mortgage lending. While your residential lender should work with you to match you with the best home mortgage for your situation, it’s important that you have a keen understanding of the industry in order to garner the best deal from mortgage lending institutions.

To select from the plethora of residential mortgage lenders who are available, you need to know the basics of the kind of mortgage you want. You need to know the length, terms and rate that will make your property work for your budget. Once you know these, you can shop among the residential mortgage companies available for the one that will work for you.

When looking at various residential lenders, among the key points to consider in your search are:
  1. The type of home mortgage you wish to obtain;
  2. The contents of your credit report that home mortgage companies will pull;
  3. The special circumstances that drive your search for a second mortgage lender.

Know your mortgage needs and budget - and stick with them

When dealing with residential mortgage lenders, it's important to know ahead of time what you really can afford. Often, mortgage lending institutions will loan you more money than is really wise to accept. But if you know what you have to spend and what type of mortgage you're looking for before you even sit down, you're way ahead of the curve in getting a great deal on a home mortgage.

Make certain that you apply with the appropriate residential mortgage companies for your credit

In a perfect world, everyone would have clean credit. Because we instead live in the real world, though, things aren't so perfect. If you have less-than-perfect credit, it can seem impossible to find residential lenders willing to work with you; they are out there, though.

Choose a second mortgage lender that fits your unique needs

If you're in the market for a second mortgage loan instead of a primary, your search can be much more difficult. It doesn't have to be impossible, though. There are several second mortgage lenders available who are willing to cash out your home equity for a variety of reasons.
  • Always read the fine print. Some residential lenders will try to slip fees and charges in without really discussing them with you. Among the most popular are repayment penalties.