The Appraisal Process Explained by a Tennessee Mortgage Loans Lender

If you find yourself with a final value that you don’t agree with, you can get another appraiser to come appraise your home. If that still doesn’t result in the number you want, consider some aesthetic things you can do that will increase your Tennessee home value, without costing you too much money. A good place to start is always painting the walls, doors, trim and moldings to instantly brighten up the interior. Other things to consider could be replacing outdated hardware and light fixtures, or some simple landscaping. Minor things like this will give your home a fresh look and could change the outcome of your appraisal. For further assistance in working with a reliable appraiser, contact your reliable Tennessee mortgage lender – we will be happy to point you in the right direction and provide you with a couple of references!

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Securing a Mortgage in Tennessee… Even Without a Credit Score

No credit score loans were created specifically for those of you with no credit to fall back upon when it comes time to apply for a home loan. Normally, your lender will conduct a thorough background check, relying heavily on your credit report for information. In the cases where there is no credit report, the process can still take place, but it takes much longer. In order to get background information, your lender will have to go through different avenues to make sure you don’t have any late payments. This turns out to be a lot more paperwork for the underwriter to complete, which means your approval process time for a mortgage in Tennessee can be quite lengthy.

http://tennessee.churchillmortgage.com/industry-news/securing-a-mortgage-in-tennessee-even-without-a-credit-score/

Buying Better Despite Rate Hike: On Choosing a Secure Tennessee Home Mortgage

Andy Meek's July 16, 2013 article on Memphis Daily News discusses the almost 4 percent rise in mortgage rates in Shelby County. Described as “...the largest one-day jump in at least 10 years,” it's a market condition that hopes to rouse potential real estate buyers. The article cites the Federal Reserve's acquisition of $85 billion worth of mortgage-backed securities monthly as the cause for this boost. On one hand, rising mortgage rates can sound rather daunting, since current homeowners will be charged a bit more for their bills. However, higher rates often translate into higher real estate values that can really attract some people into purchasing lovely new homes for sale. To capture the good ones, buyers will need to work with a capable Tennessee home mortgage lender that offers flexible loans.

http://tennessee.churchillmortgage.com/industry-news/buying-better-despite-rate-hike-on-choosing-a-secure-tennessee-home-mortgage/

People are Still Going for Tennessee Mortgage Loans, Despite Terrible Experiences

The 2008 housing market fiasco left a bad taste in everyone's mouths, but Tennesseans are still committed to owning the home of their dreams despite the experience. In an article from The Tennessean, home sales in Middle Tennessee came in at about 3,000 in May 2013, a feat that hasn't been seen since 2007. Generally speaking, the number of applications for Tennessee mortgage loans is not expected to change anytime soon. With this in mind, loan companies should still expect to have a steady stream of customers to work with. However, owning a house is always a touch-and-go affair that requires homeowners to be extremely careful when managing their finances. Working with a reputable mortgage company like the Churchill Mortgage Corporation is only winning half the battle; a homeowner is still left to deal with making mortgage payments over a period of time.

http://tennessee.churchillmortgage.com/industry-news/people-are-still-going-for-tennessee-mortgage-loans-despite-terrible-experiences/

Choosing a Tennessee Mortgage Lender Carefully Saves You from Trouble

More than 900,000 Americans, including Tennessee locals, whose houses have been foreclosed at the height of the recession, will finally be getting their mortgage settlement, according to an article published last June 4, 2013 in The report details which borrowers are eligible for the settlement, and follows the plans of the Attorney General to hold abusive lenders responsible for the losses suffered by the homeowner victims. These actions are a culmination of 2012's National Mortgage Settlement plans, which have already provided more than $50 billion in settlement relief to homeowners around the country. The root of the foreclosures can all be traced back to greedy lenders, who have duped their borrowers. Nobody wants to borrow from a crook who demands exorbitant installments and financially corners debtors without offering any chance for refinancing. Thus, borrowers should trust only reputable lenders like Churchill Mortgage Corporation to take out a mortgage in Tennessee.

http://tennessee.churchillmortgage.com/industry-news/choosing-a-tennessee-mortgage-lender-carefully-saves-you-from-trouble/

Why it Might be Time to Visit a Helpful Tennessee Mortgage Broker

Kent Hoover's July 16, 2013 article on the Nashville Business Journal points out the current advantageous position of the housing market while predicting some future shortcomings, courtesy of a number of Congress legislation. The article draws its data from the Housing Market Index, which was compiled by the National Association of Home Builders (NAHB). This window of opportunity shouldn't be missed by those seeking to own brand new properties in the state of Tennessee. Before government policy implements its tax reform legislature, buyers should take advantage of the reduction in mortgage interest while it lasts. Of course, interested individuals will need the help of a trustworthy Tennessee mortgage broker to refer them to an appropriate lender; some brokers, like the Churchill Mortgage Corporation, can also provide loan and refinancing arrangements.

http://tennessee.churchillmortgage.com/industry-news/why-it-might-be-time-to-visit-a-helpful-tennessee-mortgage-broker/