October 2015

There are 1 blog entries for October 2015.

As a Real Estate Broker, people often ask me to explain the mortgage process to them as it is typically a fundamental part of the real estate buying process. This past month, several changes have taken place in the mortgage industry that have several people confused as to how these amendments affect their ability to obtain a loan. While I cannot explain the mortgage process as well as a mortgage broker, I would like to shed some light on the topic, and provide you with some insight on the subject.

The finance industry is as ever-changing as the real estate market. Mortgages, in particular, have undergone significant changes, better known as TRID (TILA/RESPA Integrated Disclosure), which have gone into effect as of October 3. These new rules pertain to

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