Offer accepted! Now watch out for these mortgage hurdles
Unexpected issues — from an appraisal gap to title disputes — can pop up during underwriting. Here’s what to do.
4 min read
Feb 25, 2025
Erik J. Martin
Contributor, Personal Finance
EXPERTISE
- Personal finance
- Mortgages
- Housing market
- Home improvement
- Credit cards
EDUCATION
- Bachelor of Arts, Loyola University Chicago
- Dale Carnegie Training
Erik J. Martin is a contributor to Bankrate covering personal finance, including mortgages, the housing market, home improvement and credit cards. Based in the Chicago area, he is host of the “Cineversary” podcast and blogs on Cineversegroup.com and Martinspiration.com.
In addition to Bankrate, Martin has contributed to AARP The Magazine, Tte Chicago Tribune, Reader’s Digest, The Costco Connection and USAA, among other outlets.
Erik J.'s latest articles
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Home equity loan or HELOC vs. reverse mortgage: Which is right for you?
They all let you tap your ownership stake, but they differ significantly in a lot of ways.
13 min read Feb 24, 2025 -
Common real estate contingencies and what they mean
Many types of contingency clauses can be added to a real estate contract.
5 min read Feb 24, 2025 -
What is a bridge loan and how does it work?
Bridge loans can help borrowers move from one home to the next, but do have potential downsides.
4 min read Feb 20, 2025 -
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Mortgage loan modification: What it is and how to get one
If you can’t pay your mortgage, you may be able to have it modified. Here’s what to look for.
7 min read Feb 17, 2025 -
Reasons not to tap your home equity
For one thing, you could lose your home if things go south.
11 min read Feb 13, 2025 -
Mortgagor vs. mortgagee: What’s the difference?
They sound almost the same, but actually refer to parties on the opposite ends of a home loan.
2 min read Feb 13, 2025