Choose Only Trustworthy Dallas Mortgage Brokers When Buying a Home

"The practice of buying property on behalf of someone else is called “straw buying,” and is often done when the real buyer has poor credit ratings. The real buyer will just reimburse the straw buyer and may even give an incentive to the latter for letting them “borrow” their good credit. While straw buying isn’t technically against the law, it can be used by fraudsters to buy properties that are illegal for them to purchase, as was the case above. No reliable Dallas, TX mortgage company will approach clients with offers that are too easy or too good to be true. Similarly, all incentives borne from shady dealings like straw buying should be rescinded on the spot. Leading companies, like Churchill Mortgage, offer honest and dedicated mortgage services to qualified people only with the reliable backgrounds on debt payments."

http://dallas.churchillmortgage.com/uncategorized/choose-only-trustworthy-dallas-mortgage-brokers-when-buying-a-home/

Dallas Mortgage Loan Nixed? Key Factors to Lower your Credit Scores

"One such company, Lenddo, determines if you’re friends on Facebook with someone who was late paying back a loan to Lenddo. If so, that’s bad news for you. It’s even worse news if the delinquent friend is someone you frequently interact with. Aside from the friends you keep on Facebook, other not-so-obvious factors can also negatively affect your creditworthiness. Below are a few things that can cause an unexpected dip in your FICO score and get your Dallas mortgage loan rejected:"

http://dallas.churchillmortgage.com/industry-news/dallas-mortgage-loan-nixed-key-factors-to-lower-your-credit-scores/

Mortgage Companies in Dallas Can Help Finance Your Dream Home

"Before you apply for a loan from reliable mortgage companies in Dallas, you need to understand the mortgage market and consider your credit health, your income and debt payments, and your budget in order for you to get the best possible loan. As an article in Money Under 30 reminds home buyers: Even as the real estate market begins to recover, the mortgage crisis has left its mark. Mortgage underwriting—the criteria banks use to determine whether to make a loan—is more stringent. And home buyers who have shaky credit scores or small down payments will definitely have a harder time finding a loan."

http://dallas.churchillmortgage.com/info-article/mortgage-companies-in-dallas-can-help-finance-your-dream-home/

Apply for Home Loans in Dallas, Pick the Best, and Get Your Dream Home

"During the shutdown, home buyers expected some delays in the processing of mortgage applications without the Internal Revenue Service issuing the necessary Form 4506-T that verifies the reported incomes of the home buyers. Economists also say that they can expect things to look up and slowly transition back to normal, due to the reinstatement of the federal government only two weeks after it was shut down. So if you are a home buyer looking to take out home loans in Dallas, you can minimize your worries about challenges in obtaining your mortgage in a timely and efficient manner. A mortgage loan is a real estate loan from a financial institution or mortgage lender that is to be paid back in installments, with interest, over a certain period of time. The interest rates and the length of time the loan can be carried out varies according to the type of mortgage. The most common type is the fixed interest mortgage, where a set length of time (usually 10-30 years) remains unchanged thro

http://dallas.churchillmortgage.com/industry-news/apply-for-home-loans-in-dallas-pick-the-best-and-get-your-dream-home/