Understanding Credit Scoring On Mortgage Refinancing or Second Mortgage Loans.

Understanding Credit Scoring On Mortgage Refinancing or Second Mortgage Loans.

Understanding Credit Scoring On Mortgage Refinancing or Second Mortgage Loans.Hunter Lending Team
Published on: 27/08/2024

For years, lenders have utilized "credit scoring" to determine whether or not an individual is a good credit risk. Credit scoring has recently become a hot topic, due in large part by the mortgage lending industry's willingness to use the process to evaluate one's likelihood of repaying home mortgage refinancing or second mortgage loans.

Mortgage Blogs
Trendy Mortgage Refinancing and Second Mortgage Programs: A Brief Review

Trendy Mortgage Refinancing and Second Mortgage Programs: A Brief Review

Trendy Mortgage Refinancing and Second Mortgage Programs: A Brief ReviewHunter Lending Team
Published on: 27/08/2024

The combination of rising interest rates (although still historically low) and rising home prices has caused the robust mortgage market to slow from its record pace. This has motivated lenders to either introduce creative new loan products or to more aggressively market existing products. If you have not shopped for a in a while, you will find numerous new products from which to choose. Following is a brief review of some of the new and popular products available today.

Mortgage Blogs
Mortgage Tips for First Time Buyers

Mortgage Tips for First Time Buyers

Published on: 27/08/2024

Here are some things that anyone shopping for a home for the first time should know.

Mortgage Blogs
Home Equity Line of Credit - Do Rising Interest Rates Spell Trouble?

Home Equity Line of Credit - Do Rising Interest Rates Spell Trouble?

Home Equity Line of Credit - Do Rising Interest Rates Spell Trouble?Hunter Lending Team
Published on: 23/08/2024

A home equity line of credit is a useful tool, but one that is adversely affected by rising interest rates. If you have one, what should you do?

Mortgage Blogs

About Us

We've been helping customers afford the home of their dreams for many years and we love what we do...

Corporate NMLS # 1660690

Personal NMLS # 2441089

Contact Us

5559 S Sossaman Rd Bldg 1 Ste 101, Mesa, AZ 85212

NEXA Mortgage, LLC NMLS# 1660690

Corp: 5559 S Sossaman Rd Bldg 1 Ste 101, Mesa, AZ 85212
NEXA Mortgage, LLC is an Equal Housing Lender

© Copyright - Eltah Brinson, Mortgage Loan officer | Powered By NEXA Mortgage, LLC .