Tagged: Loan Mortgage

Dec 07

What does underwriting mean for the mortgage loan?

Bill T asked:


My mortgage loan has been approved, but I have to wait for an underwriting at this point. Can you explain what does it mean?

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Posted in mortgage loans

Nov 18

Have the standards for securing a Commercial Loan changed as the home mortgage loans?

Commercial loans
Is it going to be more difficult to secure a 800K Commercial Building loan than say 6 months ago? I will be in the market for that kind of loan in the next week or two and haven’t a feel for the market right now.

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Posted in commercial loans