McLean Mortgage Corporation » How Tough is it to Get Approved? Special Real Estate Report
Not as Tough as Most Believe How tough is it to get approved for a mortgage? How low can your FICO credit score go before your lender shows you the door? And how much monthly debt can you be shouldering — credit cards, student loans, auto payments — but still walk away with the home loan you’re seeking? You might be surprised. New data from technology company Ellie Mae, whose loan application and management software is widely used in the residential finance field, reveals that even if you’ve got what seems to be a deal-killing low FICO score or you’re carrying a high amount of debt, you still might have a shot at qualifying for a home loan to buy the house you want Consider some of these findings from Ellie Mae’s latest…
See How a 161-Year-Old Grain Mill Became the Most Beautiful Country Home
Wait until you see what this place used to look like!
Surgeon jumps from bridge after divorce from TV personality wife
A top local surgeon and the ex-husband of ABC News’ chief women’s health correspondent killed himself by leaping off the George Washington Bridge, it was reported Sunday. Dr. Robert Ash…
What it takes to beat megabanks
CNN Money recently reported that three of the nation’s largest banks (JPMorgan Chase, Bank of America and Wells Fargo) collected more than $6.4 billion in ATM and overdraft fees from customers last year. In fact, when JPMorgan raised their ATM fees by 50 cents at the end of 2015, they increased ATM fee revenue by 22 percent in …
American Banker: Why Synovus is ditching its local bank names
In 2018, all Synovus banks will operate under a single name — Synovus. Read the American Banker story on the single-brand transition.
How Much House Can You Afford With A Low-Down-Payment Mortgage?
Regardless of what your income is, here are five important questions to ask before you start the search for your first home.
What’s Ahead For Mortgage Rates This Week
Last week’s readings on new and existing home sales provided further evidence of strengthening housing markets. Both categories of home sales exceeded December’s readings. Consumer sent…
Summit Mortgage Corporation Named Top Ranking Lender
We’re proud to announce that Summit Mortgage Corporation has been named as a Top Ranking Lender by the Portland Business Journal in 2016. This list ranked local metro residential loans closed in 2016 based on information provided through questionnaires. Summit … Continued
How the mortgage process just changed
Two new forms aim to make the home loan process a lot more transparent. Here's your guide on what buyers need to know.
What's The Difference: A French Country Kitchen Vs. English Country Kitchen?