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New Home Equity Tapping Tools Not Seen as Threat to Reverse Mortgages – Alternative. mortgages. Naturally, comparisons to the reverse mortgage product could arise from an examination of these tools, but reverse mortgage originators express no real concern for these.
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Alternate Sources For Establishing Credit – 203k Rehab Now – This article will cover the alternate sources for establishing credit. While the basic Rule-of-Thumb for acceptable credit history is a minimum of four trade lines documented on a credit report, there are alternative methods of building a credit picture that an underwriter can use to make a decision for a loan approval.
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Picking a Brick-and-Mortar Lender Over an Online Mortgage. – More recently, online lenders are moving into the mortgage lending market as well to give home buyers an alternative to traditional mortgages. While online lenders are valuable in their own right, there are some reasons you may find it more valuable to stick with a brick-and-mortar lender like Atlantic Coast Mortgage.
7 Alternatives to a Traditional Mortgage for Buying a Home – 7 Alternatives to a Traditional Mortgage for Buying a Home A mortgage loan is the most traditional, and probably the smartest way, to buy a home. You’re going through a bank for a loan and the monthly payments will be the same for 30 years.
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