Credit Report

On every loan application lender do pull and review credit report for all borrowers. Credit report summarizes all credit activities timely updated by 3 credit agencies namely Equifax, Experian and Transunion. Each agency do rate individual based on his credit history and proposes a score known as credit score which is most important factor for [...]


TRID – TILA-RESPA Integrated Disclosure

With earlier mortgage we might have seen and signed GFE - Good Faith Estimate and TIL - Truth in Lending documents. However you will no longer see these documents being disclosed on new mortgage loans that you might apply in future. On mortgage loan applications received on or after October 3 2015 TIL and GFE [...]