Posts with tag mortgage broker

Stories abound about people who couldn't qualify for a mortgage. The problem, say experts, is that people aren't providing the bank with all the documents that they need to prove that they will be able to manage a mortgage. "You hear it all the time, 'Oh, nobody can get a loan,'" said Todd Huettner, principal of... Continue Reading »

Bills have been paid on time without ever paying a late fee. Check. No outstanding credit card debt. Check. A two-income family with investment income. Check. It sounds like this couple will pass the smell test for a mortgage without any problem. And that's a problem, says Todd Huettner, a mortgage broker based in Denver.... Continue Reading »

Gone are the days when homeowners "cashed out" on the equity of their homes through refinancing, and used the money to pay off other bills, renovate a kitchen, or jet to Bora Bora. Stringent, post-housing-boom lending policies mean a gain in popularity for the complete opposite of the cash-out refi -- the cash-in... Continue Reading »