The CourthouseDirect.com Blog

The Most Common Types of Mortgages

  • CourthouseDirect.com Team
  • 11/01/2017
  • Mortgage
Most people do not have the means to purchase a home outright in one lump sum. Instead, financing options allow homebuyers to pay for a house in increments over time. If you want to buy a home but need financing for this major investment, ...
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The Most Common Issues Mortgage Underwriters Face

  • CourthouseDirect.com Team
  • 10/25/2017
  • Mortgage
Lenders will never approve a mortgage without first conducting their own due diligence in the form of underwriting. A mortgage underwriter reviews, confirms, and analyzes loan applications to minimize the risk associated with the loan. ...
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Mortgage vs. Home Equity Loan: Understanding the Differences

  • CourthouseDirect.com Team
  • 09/27/2017
  • Mortgage
Home ownership opens the doors to two different types of loans that non-home owners cannot access – mortgage loans and home equity loans. While these two loan agreements feature many similarities, they are very different. Home owners must ...
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How Does a Quitclaim Deed Affect Your Mortgage?

A quitclaim deed is a document that transfers legal ownership and interest of a property from one person (the grantor) to another (the grantee). Unlike a warranty deed, a quitclaim deed does not offer assurances that the land in question ...
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Can Mortgage Record Errors Be Fixed?

  • CourthouseDirect.com Team
  • 01/20/2016
  • Mortgage
Ideally, lenders will double and triple check everything before filing a formal mortgage record. Unfortunately, mistakes do happen, and an error on your mortgage record can hinder property transfer, bankruptcy proceedings, and the ...
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Mortgage Records 101: Finding and Understanding Mortgage Records

  • CourthouseDirect.com Team
  • 12/16/2015
  • Mortgage
If you handle real estate transactions as part of your business, you have to do lots of research. Real estate is one of the biggest investments most people make, so it’s important that you help your clients prepare properly for this ...
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Preparing to Refinance Your Home: What You Need to Know

Every year, hundreds of thousands of homeowners prepare to refinance their mortgages. In recent years, favorable financial conditions have led to an upsurge in this trend. While it's always advisable for homeowners to speak with financial ...
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HARP Refinancing Rules: What You Need to Know

  • CourthouseDirect.com Team
  • 01/27/2014
  • Mortgage
Since the housing market bust of the late 2000s, mortgage rates have remained at historically low levels. While there's no guarantee that this situation will continue into the future, most economists expect interest rates to follow a "new ...
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Simple Guide to Texas Home Equity Lending Laws

  • CourthouseDirect.com Team
  • 01/08/2014
  • Mortgage
Things aren't always bigger in Texas. To the delight of its homeowners, the Lone Star State boasts some of the country's strongest curbs on home equity lending. These effectively reduce the size of the average Texas home equity loan and ...
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