Federal Mortgage Laws

Though state and local laws usually regulate specific aspects of home mortgages, such as mortgage flipping, prepayment penalties and amortization regulations, the federal government has provided more general steps to protect customers during the home-buying procedure. Laws like the Truth-in-Lending Act and Real Estate Settlement Procedures Act regulate lender disclosures to potential borrowers, while coverages Read more about Federal Mortgage Laws[…]

What Are the Benefits of a Sale to Get a Buyer?

During a brief sale, homeowners agree to sell a home for less than the amount owed on the home mortgage. This type of sale requires the lender to approve of this offer. While brief sales sometimes leave sellers due money to the lender, they also provide an alternative to foreclosure. In addition to helping the Read more about What Are the Benefits of a Sale to Get a Buyer?[…]

To Refinance With HSBC Mortgages

HSBC Mortgage Corporation is one of North America’s main mortgage suppliers, and California is one of the bank’s leading nations. HSBC provides a number of mortgage programs, such as FHA and VA loans, conforming fixed- and adjustable-rate mortgages, and low or no down payment choices. HSBC also supplies refinancing options for borrowers, such as term Read more about To Refinance With HSBC Mortgages[…]

How Do I Finance a Home Below Appraised Value?

The appraisal is the part of the house buying process that both seller and buyer wait for with equal anxiety. Considering that the appraisal is not done until after you’ve made an offer on the house, the results can be either catastrophic or a pleasant surprise. If the appraisal comes out lower than the amount Read more about How Do I Finance a Home Below Appraised Value?[…]