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Mortgage Professor about mortgage companies: 
Is Title Insurance Overpriced?
March 21, 2005 Title Insurance Fees Paid by Borrowers Include Referral Costs "I recently read that some of the large title insurance companies have been kicking back to home builders 50% of the premiums collected from the people who buy houses from the builders. Doesn ... more...

Do Secondary Mortgage Markets Help Borrowers?
October 7, 1999, revised April 2, 2003 "In a recent column you said that there was no serious downside to borrowers from having their loans sold, but you didn't point to any upside to the practice, either?Don't loan sales raise costs, ... more...

mortgage companies related definitions

Warehouse Fee
Warehouse Fee Some mortgage companies borrow money on a short term basis in order to originate loans which are to be sold later in the secondary mortgage market. When the prime rate of interest is higher on short term loans than on mortgage loans, the mortgage firm has an ... more...

Mortgage Broker
Mortgage Broker A company or a qualified person that obtains mortgages for borrowers by finding lending institutions, insurance companies or private sources to lend the money. If a person, mortgage broker called a loan officer. A mortgage broker works for you, not for the ... more...

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Get Free mortgage companies Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Home Mortgage Loan Pre-Approval Online Keys When Applying For A Mortgage Online
Applying online for a mortgage is very fast and easy. Just make sure of a few things before you start to look for places to apply to. Here are some tips to keep in mind when searching for a mortgage company to help you online:1. Apply with many different brokers, but make sure the online ... more...

Mortgage Refinancing Companies -- Choosing The Right One
Searching for a mortgage refinance company can be a daunting task. In a moderately sized city, there could be at least several major refinancing companies and several smaller local refinancing institutions. In a larger city, you can easily have hundreds of refinancing companies. If you add in the ... more...

Where Mortgage Leads Come From
If you are a loan officer or mortgage broker, and you are considering purchasing mortgage leads, one thing that will be important to know, is where these lead companies obtain their leads from.Many times, mortgage lead companies will sell their leads multiple times. They have a data base of ... more...

Bad Credit Mortgage Company - Recognizing Mortgage Lender Scams
Mortgage lenders recognize the value of owning a home. Because some people will not easily qualify for a home loan, several lenders have begun offering home loans to tailor a variety of needs. For this matter, bad credit mortgage lenders have gained widespread popularity. The majority of bad credit ... more...

Find the Best Mortgage Company
If you do not wish to commit to living in one place for at least a few years, then owning a house is probably not for you, at least not yet. With the transaction costs of buying and selling a home, you may end up losing money if you sell any sooner. But if you think you are ready, you probably need ... more...

Bad Credit Debt Consolidation Mortgage Loans
Even with bad credit you can consolidate your debts with a mortgage loan. Refinancing your mortgage to cash out your equity will help you get out of debt quicker. By paying less on interest charges, you can focus on paying off your principal.Shopping Smart With Bad CreditBad credit doesnt mean you ... more...

Houston Mortgage Bankers
A mortgage is a sound investment. The real estate and mortgage industries are booming and most finance gurus are telling us to go in on some type of mortgage investment. Trillions of dollars are invested in residential mortgages; as well as commercial mortgage markets various insurances companies ... more...

Avoid Recycled Mortgage Leads
If you are a loan officer or mortgage broker and you are considering buying mortgage leads, try to stay away from the leads that are being recycled.Leads that are being recycled have often gone through the hands of literally dozens of loan officers before landing on your desk.The chances of closing ... more...

Getting to Know Your Mortgage Company
When it comes time to buy a home, most people find they need the services of a mortgage company. After all, who has $200,000 in cash lying around? Without some kind of home loan, most people would not be able to buy a house at all.And so the mortgage company has become a major part of American ... more...

Tips For First-Time Home Buyers
As a first-time homebuyer, you are eligible for many programs offered by mortgage companies and the government. An often-overlooked resource for the first-time buyer is their local county government or municipality. Many counties in the United States offer incentives for first-time home buyers. ... more...

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