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Blog tagged as Mortgage Products

Private Mortgages Explained

Private Mortgages Explained

By Mortgages Foundations

Private mortgages offer short‑term solutions when traditional lenders can’t help. Learn the differences between MICs and private lenders, common uses, costs, and risks.
03.10.24 06:27 PM - Comment(s)
What is a Bridge Loan

What is a Bridge Loan

By Mortgages Foundations

A bridge loan helps you buy your new home before your current one sells by temporarily advancing your down payment. Learn how it works, costs, and key requirements.
09.09.24 04:51 PM - Comment(s)
Mortgages for Self-Employed or Business For Self (BFS)

Mortgages for Self-Employed or Business For Self (BFS)

By Mortgages Foundations

Self‑employed borrowers face unique income challenges. Learn how lenders assess BFS income, required documents, down payment rules, and the programs available to help you qualify.
05.09.24 12:14 PM - Comment(s)
How a Mortgage Broker Gets Paid

How a Mortgage Broker Gets Paid

By Mortgages Foundations

Mortgage brokers are paid by lenders through finder’s fees, bonuses, or trailer fees, while alternative and private files may include broker fees. Learn how compensation works.
27.08.24 03:27 PM - Comment(s)
What is an Alternative Lender?

What is an Alternative Lender?

By Mortgages Foundations

Alternative lenders offer flexible mortgage options for borrowers who don’t fit traditional bank guidelines, including self‑employed clients and real estate investors.
15.08.24 01:19 PM - Comment(s)