Ellen Klapper

Covid Update: Mortgage Lending

4 Buyers Real Estate gives our clients a list of mortgage lenders who have been tried and true for us and our past clients. What do we expect from lenders on our list? Good communication throughout the process. No last-minute drama. Close on time. Can I get a mortgage now? If you have a 20

By Rona|2020-07-23T06:52:12-04:00June 24th, 2020|Categories: Mortgage matters, buying process|Tags: #Covid19, Amy Tierce, appraisal, borrowing, Ellen Klapper, Jason Anker, lending, loans, Mike Siraco|

Portfolio Lenders and Recasting Mortgages

Portfolio vs. conventional lenders A Portfolio Bank is a bank that lends their own funds into mortgages. They keep the mortgages in the bank and service the loans, which is a real advantage to homeowners. Portfolio lenders tend to be local banks and credit unions. A portfolio lender is able to make their own rules