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  2. The truth about no-appraisal home equity loans: What ... - AOL

    www.aol.com/finance/what-is-a-no-appraisal-home...

    Lenders will often use hybrid appraisals that blend both traditional and automated methods — such as desktop appraisals, drive-by-appraisals and AVMs — based on the loan's risk level, with ...

  3. How to buy a house with bad credit - AOL

    www.aol.com/finance/buy-house-bad-credit...

    The takeaway. Depending on the situation, it may be possible to buy a house with bad credit. But you should be prepared to jump through more hoops during the mortgage application process and pay a ...

  4. How to buy a house with bad credit - AOL

    www.aol.com/finance/buy-house-bad-credit...

    Key takeaways. You can get a mortgage with a credit score as low as 620, 580 or even 500, depending on the type of loan. Some mortgage lenders offer bad credit loans with more flexible qualifying ...

  5. Broker's price opinion - Wikipedia

    en.wikipedia.org/wiki/Broker's_price_opinion

    situations that do not require the expense or time of a full appraisal [4] [1] [8] real estate owned (REO) properties [1] pending foreclosures [4] or foreclosured properties [1] short sales [1] an addition or a cross-check to an appraisal; home equity loans [1] or a home equity line of credit [1] of less than $250,000 [citation needed ...

  6. Home equity loan - Wikipedia

    en.wikipedia.org/wiki/Home_equity_loan

    Home equity loans are often used to finance major expenses such as home repairs, medical bills, or college education. A home equity loan creates a lien against the borrower's house and reduces actual home equity. [1] Most home equity loans require good to excellent credit history, reasonable loan-to-value and combined loan-to-value ratios.

  7. Good faith estimate - Wikipedia

    en.wikipedia.org/wiki/Good_faith_estimate

    This is the charge for processing the loan – collecting the buyer's application, running credit, collecting pay stubs, bank statements, ordering appraisal, title, etc. This is often referred to as a "junk fee" and does not need to be included. 811 - Underwriting Fee; This is the cost of the loan underwriter (approver).

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