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Importance of Mortgage Appraisals in Lending Process

Importance of Mortgage Appraisals in Lending Process

Mortgage appraisals have paramount importance in lending process. Now days almost all banks hire appraiser to estimate value of borrower property before lending them loan. So in other words lending depends on the report made by appraiser so it is up to borrower that how he will impress lender or appraiser to get loan.

5 Tips to Secure a Mortgage

5 Tips to Secure a Mortgage

Getting your mortgage application approved can be a difficult task if you don’t consider several important things before applying. These things include your income size, credit score, huge debts etc. If any of these factors are not in shape then you should try to get them in shape before applying for mortgage loan.

Bank of America  Mortgage Settlements

Bank of America Mortgage Settlements

Bank of America is going through its worst financial crisis and is working to get out of it by doing settlement deals with major investors. It has succeeded in making deals with two major investors and further looking to settle with some other companies as well.

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