by Borrowing Better Staff | Apr 8, 2018 | Homes
Fintech, or financial technology, is revolutionizing the homebuying process by making it easier than ever to secure loans online. According to this report from Forbes, people will become more accustomed to automated transactions in 2018 and beyond. This will open a...
by Borrowing Better Staff | Apr 4, 2018 | Homes
Many of us are accustomed to mobile banking using smartphones. According to one survey, 84 percent of Americans feel more in control of their financial lives when using mobile technology for personal finance. The next logical step in the evolution of mobile technology...
by Borrowing Better Staff | Mar 31, 2018 | Blog
Are you an entrepreneur looking for information on how to start a mortgage lending company? Success in the mortgage bank and lending industry depends on having a solid business plan, establishing networks and having a keen understanding of rules and regulations of the...
by Borrowing Better Staff | Mar 27, 2018 | Uncategorized
The mortgage business is characterized by many moving parts, and understandably so. There is a lot of money moving around in the housing sector, with the overwhelming majority of it existing in the form of home loans. Mortgages exist because the average borrower does...
by Borrowing Better Staff | Mar 23, 2018 | Uncategorized
Debt is a hallmark of modern life. Even the most financially responsible of individuals will carry at least a token sum of debt for one reason or another, typically a small credit card balance. And, of course, there is the ubiquitous home mortgage, a form of debt so...
by Borrowing Better Staff | Mar 19, 2018 | Borrowing, Credit, Homes, Refinancing, Uncategorized
The concept of a mortgage, in its modern form, is relatively recent, dating to the early-20th century or thereabouts, and has evolved into an industry replete with many online mortgage companies. But the financial instrument underlying the mortgage concept is itself...
by Borrowing Better Staff | Mar 15, 2018 | Homes
Whether they are elite corporate CEOs, college students, or middle-aged homemakers, most people borrow money at some point in their lives. In fact, according to Lending Club, over $33 billion worth of loans have been lent as of the end of 2017. The reasons an...
by Borrowing Better Staff | Mar 11, 2018 | Student Loans
One of the chief financial problems plaguing young adults in the United States is student loan debt. Due mainly to the stratospheric tuition costs of universities, coupled with a slowly recovering economy offering a limited number of well-paying jobs, 44 million...
by Borrowing Better Staff | Mar 7, 2018 | Homes
In the modern world, debt is, unfortunately, pervasive and comes in myriad forms. According to CoreLogic, about 5.1 million homes have mortgages which possess negative equity. In other words, rather than be a valuable financial asset, homes for many families have...
by Borrowing Better Staff | Mar 3, 2018 | Borrowing, Buying Tips, Credit, Homes, Student Loans, Uncategorized
Do student loans affect getting a mortgage? Of course they do. Lenders take all of your debts into account as they evaluate your ability to repay a mortgage loan. Student loans are no exception. Getting a mortgage with student loans is not easy. You must use common...
