Mortgage Q&A with Guaranteed Rate

Mortgage Q&A by Guaranteed Rate

A conditional approval is issued by your underwriter once the loan file has been reviewed – the review and approval process is nearly the same for both a purchase and refinance. The conditional approval basically states that the loan is approved provided the conditions listed are satisfied. Learn more about the mortgage loan underwriting process. […]

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Should You Refinance Your Home?

So, you’re thinking about refinancing your mortgage. While there could be many reasons why you’re considering a refinance (such as lowering your monthly payments, consolidating debt or changing your mortgage terms), they really all boil down to one thing – saving money. But how can you be sure that choosing to refinance now is the […]

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