A $4M non-QM mortgage using crypto asset depletion shows how innovative lending is expanding homeownership opportunities for ...

SoFi reports the mortgage process involves 9 key steps, from budgeting and choosing a loan to closing on your new home.

David Gregory is an editor with more than a decade of experience in the financial services industry. Before that, he worked as a child and family therapist until he made the decision to move abroad ...

When a mortgage lender evaluates a borrower’s application for a mortgage and the home that will be used as collateral and approves or rejects the loan request, the process is called underwriting.

The majority of mortgage applications are processed with automated technology, but lenders can use manual mortgage underwriting for more complex financial situations. If you have a limited credit ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

Mortgage underwriting is often an automated process. Software decides whether you are approved, rejected or asked for additional information. Credit score is the most important factor in determining ...

A lender might issue a conditional mortgage approval if there are some hurdles you still need to clear before you can get a mortgage. The conditions you need to meet before proceeding to full approval ...

A conditionally approved mortgage means the mortgage lender will likely approve your loan application, assuming you meet certain criteria. Conditional approval of a mortgage loan does not guarantee ...