"Our survey sends a crucial message to mortgage servicers about what homeowners need," says Eric Rachmel, CEO and Founder of Brace.
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Report: Homebuyers Fail to Put Due Diligence into Researching Lenders
According to Zillow, a majority of homeowners put more time into shopping for a new vehicle than they did looking for a mortgage lender. Click through to find out what that means.
Read More »Report Says Half of Homebuyers Aren’t Mortgage Knowledgeable
When it comes to homeownership, things can get confusing. It was recently reported that almost half of homebuyers were unable to answer questions about key mortgage qualification criteria and consumers are in agreement that homeownership education is helpful and should occur earlier in the process. So what needs to be done in order to educate while not delaying closing?
Read More »HUD Study Finds Homebuyer Education Pays Off
HUD cited improved mortgage literacy, greater appreciation for communication with lenders, and improved underwriting qualifications among the positives.
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