Category: Lending

Local Banker

What’s in a name?

Back in the last century, before the banking fiasco that led to the first lending bailout, it was easy to figure out what a lender was. It was the local banker who lent money to a buyer to buy a home. It was generally lent for 20 years (or less.) The rate was fixed. Twenty […]

Getting a Loan

3 Steps to Getting a Loan

Step 1: Examine your finances Start by determining how much mortgage you can afford. Lenders are apt to put your loan application in the best light and qualify you for as much as they are willing to lend, which can be more than you can afford or need. It’s up to you to take stock […]