Mortgages common issues

My appraisal is less than the sale price. What does that mean for me?

My loan officer said that I need to express my —Intent to Proceed— in order for my mortgage loan application to move forward. What does that mean?

My loan officer says that I can't apply for a mortgage loan and receive a Loan Estimate until I can provide a copy of a signed purchase contract, is that correct?

I recently inherited a house. The mortgage lender said it’s required to determine my “ability to repay” before it will let me take over the mortgage loan. Is this true?

I recently declared bankruptcy. Now my mortgage servicer said it’s not allowed to send me a monthly mortgage statement. Is that correct?

What should I do if I find an error in one of my mortgage closing documents?

What should I do if I don’t understand one of my mortgage closing documents?

During my mortgage loan application process, I was given three or four different valuations. What do all the different valuations mean?

What happens after I complete an application to determine my options to avoid foreclosure?

I received notice of an upcoming rate change on my adjustable-rate mortgage (ARM). Why did I receive this and what should I do now?

I applied for a loan modification or other options to avoid foreclosure, but was denied help. My lender said I didn’t meet the qualifications for help. Can I appeal?

I got a letter from my mortgage servicer about my application for help to prevent foreclosure of my mortgage. Can you help me understand some of the terms?

What is arbitration and how does it affect my mortgage loan?

Does my mortgage servicer have to help me avoid foreclosure?

I was told I’m buying a home that was flipped and that I have to get a second appraisal. How does that work?

My mortgage lender told me it was exempt from the ability-to-repay mortgage rule. Is this true?

What should I do if the house or apartment I’m renting goes into foreclosure?

What happens when I file an insurance claim?

What do I do if my house was damaged, destroyed, or I’m unable to make my payment after a disaster?

What kind of assistance can I get after a natural disaster?

How can I find and work with contractors to rebuild after a disaster?

What should I do after a disaster to protect my finances and property?

What should I do if I have a reverse mortgage loan and I received a notice of default or foreclosure?

Can I change my mind after I sign the loan closing documents for my second mortgage or refinance? What is the "right of rescission?"

How long do I have to rescind? When does the right of rescission start?