What Happens When Your Loan Is Sold?
Once you close on the home, it’s common for your loan to be sold. Don’t worry, this doesn’t mean anything will change. Banks will often sell mortgages to other lenders to free up money. This can happen multiple times during the duration of your loan or not happen at all.
Who's Who in Getting a Mortgage
Discover the key players involved in getting your mortgage approved. To better understand how mortgages work, learn the players involved in securing a mortgage at every step.