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Buying property is probably the most stressful things you will ever do, but where to you start? Contact the home loan specialists, Mortgage Choice ...

Fort Knox Federal named Best Mortgage Company

 Year in a row the Credit Union was named “Best Credit Union” and its first time being named “Best Mortgage Company.”

“Our team of dedicated mortgage professionals works hard to help members make their dream homes a reality,” said Ray Springsteen, Fort Knox Federal President and CEO. “As a local not-for-profit financial institution, the Credit Union is often able to offer lower fees and better rates than national lenders.”

Fort Knox Federal offers a wide range of affordable mortgage solutions and continuously seeks opportunities to provide even more value to new and existing credit union members. As part of our commitment to helping those who have served – or are serving – our country, the Credit Union has Veterans Administration (VA) loans available for those who qualify.

First-time homebuyers have also benefitted from Fort Knox Federal’s partnership with the Federal Home Loan Bank (FHLB), which offers “Welcome Home” grants to assist eligible buyers with down payments and closing costs. The Credit Union’s mortgage professionals help members navigate the application process and several have received grants through the program.

Blend doubles down on mortgages, partners with Wells Fargo, U.S. ...

In an interview with HousingWire, Nima Ghamsari, CEO and founder of Blend, said, “First and foremost, our focus with the funding is to double down on mortgages so we can continue to have the best product in this space.”

As far as what doubling down on mortgages looks like, Ghamsari said one area is to further expand the ability for a customer to start earlier in the loan process with Blend and continue farther with the company to create a truly end-to-end process.

That kind of growth initiative falls in line with where the industry is going. For example, Notarize recently helped make a truly end-to-end digital mortgage possible by introducing a digital eClosing.

While the industry is moving into digital mortgages, it’s a long process that isn’t going to change overnight. Ghamsari added that it could take five more years for an end-to-end digital mortgage to be the norm.

With everything being heavily regulated and critiqued, Ghamsari said, “We have to be more careful in how we do things.”

Who is my best mortgage lender choice?

I am 20 years old and looking to buy a townhouse to renovate and resell. I found a house listed for $45,000. I would hope to get at least $20,000 extra to cover the cost of renovations.

Goto your local banks and shop around for a good deal. Also you can try or similar websites.

Just be aware that if you take out a mortgage in order to flip a property, you need to do it fast!