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2. Homebuying checklist - AOL

   www.aol.com/finance/homebuying-checklist...

   What is the 28/36 rule for home affordability? The 28/36 rule is a common guideline to help determine how much home you can reasonably afford (after you’ve paid the down payment and closing ...

3. Guide to first-time homebuyer loans and programs - AOL

   www.aol.com/finance/guide-first-time-homebuyer...

   Home Possible mortgage: Freddie Mac’s Home Possible mortgage program is the counterpart to the HomeReady mortgage, with a 3 percent minimum down payment requirement.

4. Buying Your First House? Here’s a Step-by-Step Mortgage Checklist

   www.aol.com/finance/buying-first-house-step-step...

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5. Loan origination - Wikipedia

   en.wikipedia.org/wiki/Loan_origination

   Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). For mortgages, there is a specific mortgage origination process.

6. Mortgage law - Wikipedia

   en.wikipedia.org/wiki/Mortgage_law

   A mortgage lender is an investor that lends money secured by a mortgage on real estate. In today's world, most lenders sell the loans they write on the secondary mortgage market. When they sell the mortgage, they earn revenue called Service Release Premium. Typically, the purpose of the loan is for the borrower to purchase that same real estate.

7. Mortgage underwriting in the United States - Wikipedia

   en.wikipedia.org/wiki/Mortgage_underwriting_in...

   Credit is what the underwriter uses to review how well a borrower manages his or her current and prior debts. Usually documented by a credit report from each of the three credit bureaus, Equifax, Transunion and Experian, the credit report provides information such as credit scores, the borrower's current and past information about credit cards, loans, collections, repossession and foreclosures ...

8. Understanding the mortgage underwriting process - AOL

   www.aol.com/finance/understanding-mortgage...

   In some cases, you might need to walk away from the deal and restart the mortgage application and underwriting process with a new loan or different lender. 4. Title search and title insurance

9. Mortgage origination - Wikipedia

   en.wikipedia.org/wiki/Mortgage_origination

   During this process, borrowers must submit various types of financial information and documentation to a mortgage lender, including tax returns, payment history, credit card information and bank balances. Mortgage lenders use this information to determine the type of loan and the interest rate for which the borrower is eligible.