Many mortgage renewers can expect better rate in 2019, despite recent hikes: poll – Although 64 per cent of respondents applied for their current mortgage directly through their lender, 66 per cent said they would go through a broker next time to help find the best deal. RateHub said.
Self-employed increasingly turning to private lenders for mortgages – The mortgage broker’s task is to convince lenders that the borrower is a good credit risk by adding back specific deducted expenses to net income to improve the debt-to-income calculation, said Caird..
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Ally Financial partnering with Better.com to launch digital mortgage platform – Ally Financial, which all but exited the mortgage business back in 2012, got back into mortgages in earnest in 2016 when it launched a new direct-to-consumer mortgage offering called Ally Home. Now,
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