lender Archives | Garden State Home Loans | NJ

What is Underwriting?

Underwriting Once a loan goes through the loan processor, it is handed off to an underwriter. During the mortgage underwriting... read more →

The Foreclosure Process

How does foreclosure work? Foreclosure occurs when a borrower fails to meet loan obligations. Foreclosure rights and procedures are different... read more →

Debt-to-Income Ratio

Debt-to-income ratio (DTI) is a personal finance measure that compares your debt payment to you overall income. DTI is a... read more →

What is PMI?

What is PMI? Private Mortgage Insurance (PMI) is an insurance policy that protects lenders against loss if borrowers stop paying... read more →

Mortgage Overlays

Mortgage overlays are company specific rules that a lender must follow. These are on top of the published guidelines for... read more →
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