by Capital Title | Jul 15, 2021 | Financing:
Mortgage rates change constantly through an unpredictable combination of government policies and economic conditions. This video explains the common term ‘rate lock.’ A “Rate Lock” is a guarantee that a lender will honor a specific combination of...
by Capital Title | May 15, 2021 | Financing:
What are the “Ability to repay” rules about? In a nutshell, as this video shows, new laws require lenders to make a good-faith assessment of a borrower’s capacity to pay back their loan over time. It’s a longer-term view that goes beyond immediate income, debt...
by Capital Title | Sep 15, 2020 | Financing:
Every house is unique; appraisers are trained and licensed for expertise in putting a value on properties. Appraisers don’t work for the buyer or the seller; their primary mission is actually to protect the lender who’s risking money against...
by Capital Title | Jul 15, 2020 | Financing:
Once you’ve supplied the 6 required piece of information and included any other information the lender deemed necessary, you’ll receive a Loan Estimate within 3 business days. Once all the information has been verified IF the loan is approved the...
by Capital Title | Nov 14, 2019 | Federal Programs, Financing:, Finding:, Going To Market:, Mortgages:, New Homes, Sales Process:, Title and Closing, VA Loans:
It’s more than just a Net Sheet App! Capital Title in Michigan is excited to announce some new Social Media lenses/filters on their CapitalTitleAgent App (PalmAgent ONE) to assist you in your marketing efforts. This is a paid feature ($0.99/mo), so if you...
by Capital Title | Sep 10, 2018 | Financing:
You’ll see some pictures in this video to help you remember later, but the first step in securing a loan is to complete a loan application. To do so, you’ll need the following information. Pay stubs for the past 2-3 months. W-2 forms for the past 2...
