Mortgage articles
Showing page 13 of 23 - There are 669 Mortgage articles
-
- 2007-11-13 22:16:19 - Refinancing your mortgage can open up a lot of options for you and your family
- It can happen to anyone, the roof is leaking, the credit card bills are pilling up and it is almost time for a new car. But where are you going to get the money to do all of these things? The need for extra cash can be very frustrating and worrisome, however if you are a home owner you have a variety of financial options available to you that you may not even be aware of. You should look into refi...
-
- 2007-11-13 22:16:19 - Follow a few simple steps to make shopping for your new home loan a little easier
- It is likely to be one of the largest purchases of your life, and it can be extremely nerve racking and overwhelming. Buying a new home! Whether you are buying your first home, or moving to a new home; purchasing a home and shopping for home loans is a major decision that requires a lot of time and energy.Where Do I Start?If you are shopping for a new home and a home loan for ...
-
- 2007-11-13 22:16:19 - Essence of self certified mortgages
- Your search for a mortgage isn't leading results.Check for any impediments. May be the lenders dread offering credit on the grounds that you are self employed.But are you alone in the pursuit? No. The statistics put the figure of self employed people at around three million. Add to this the people who are working freelance and those working as temporary hires. They too are denied mor...
-
- 2007-11-13 22:16:19 - Home mortgage loan refinance ? benefits to refinancing your house online
- Here are some of the benefits to doing your home loan refinance online:Everything seems to happen faster - Online, when looking for a mortgage loan you can search around, fill out an application and a few minutes later, you can be receiving a pre-approval letter via email. There was no calling, no driving & no waiting on hold for an answer. The mortgage company will usually contact y...
-
- 2007-11-13 22:16:19 - Home mortgage loans for people with bad credit
- Getting a home loan with bad credit has actually never been easier than it is today. Here are some tips to help improve your chances of success:Find A Good Real Estate Deal ? If you can find a property that has some equity in it when you purchase it, you may have an easier time getting financing on that property. To the lender it may be almost as good as if you had some kind of down ...
-
- 2007-11-13 22:16:19 - How to save money by using an independent commercial mortgage broker
- Being a creature of habit can cost you plenty when it comes to applying for a commercial mortgage instead of going through an independent commercial mortgage broker. Let me tell you why.Most business people have an established relationship with their bank and take advantage of that relationship whenever they need to borrow money. However, here is the question that you should be asking yours...
-
- 2007-11-13 22:16:19 - Mortgage terms explained
- When you are hunting for a mortgage, you will find that there are many different types of mortgages available. I will list some of the more common ones and their uses.15 vs 30 YearsYour mortgage term can be just about anything you choose. 15 and 30 year terms are popular these days, although 10 and 20 years also are available.The shorter the term, the lower the interest...
-
- 2007-11-13 22:16:19 - Bad credit mortgage lender - what to look for
- If you have less than perfect credit and are looking to get approved for a mortgage loan, be careful not to make some common, costly mistakes. When dealing with sub-prime mortgage lenders or bad credit mortgage lenders, many people are taken advantage of because of their eagerness to get approved.Choosing and settling on a mortgage lender or mortgage broker is a very important decision. Mak...
-
- 2007-11-13 22:16:19 - Buying a home with bad credit - get approved with a recent bankruptcy or foreclosure
- A few years ago, if you had a bankruptcy or a foreclosure on your credit report, you could forget about trying to get a mortgage loan. If you were lucky enough to find someone who would finance you, your interest rate would be through the roof and plan on putting 10-20% down.But today, this is not the case. There are many programs available today to help people who have recently suffered a ...
-
- 2007-11-13 22:16:19 - Poor credit? get a sub-prime mortgage now, and refinance to a conventional mortgage later
- There are great mortgage loans for people with poor credit, and yes, you can still save thousands of dollars. In order to receive preferential treatment for mortgage professionals, you'll need a credit score of 680 or better (this is considered A credit). If you have a score that is less than 600, you'll fall into a sub-prime loan category. Now, you'll need to get creative, in order to get your mo...
-
- 2007-11-13 22:16:19 - Why a mortgage professional beats a banker every time -- the story tells it all
- The best way to explain why a mortgage professional is always better than a banker is to use an anecdote. My parents lived in the house I grew up in for 35 years, so it was finally time to move. They found a home they liked, made an offer, and signed a purchase agreement. After conferring with me, they decided to go to a bank ? one of the more well-known mortgage banks in the region. Of course, I ...
-
- 2007-11-13 22:16:19 - Is the inverse mortgage a scam? new program promises mortgage payoff inside of 5 years
- If a mortgage could be paid off in five years or less, without it costing homeowners an extra cent, why wouldn't every homeowner in America be doing it? Because they don't know, or because they're too wise? Although the former may be the case for many, I certainly hope the latter is the answer for most.A real estate finance consultant company, who shall remain nameless here, claims it has t...
-
- 2007-11-13 22:16:19 - How to find the lowest rate possible!
- The quest is on! You're in the market for a new home loan, a refinance, or a consolidation and you absolutely insist on finding the lowest rate possible! So what better place to do your research, then here on the internet, late at night, with your coffee in hand, and your family fast to sleep!We'd like to help you on your quest, so here are 3 free tips that we think will speed up your journ...
-
- 2007-11-13 22:16:19 - Top 5 methods to manage your home equity
- As your home appreciates in value, you gain equity. You can look at this equity, as a portion of the value of your home, which becomes an asset that is not burdened by debt. Therefore, this is a critical financial vehicle that cannot be ignored.Let me say it another way. For most of us, your home Equity is likely to be, the primary, unencumbered assets of your own, personal estate.He...
-
- 2007-11-13 22:16:19 - Buying a home when rates go up
- Many people fret the rising tide of interest rates. You'll hear things like, "Did I miss the boat? Is it too expensive now to buy a home? How can I afford the house of my dreams? Maybe I should wait! Maybe I should just rent for a while! Maybe the rates will go down in a few weeks. "Stop! Nonsense, I say! I bought my first home at close to 9%. Buyers from the 80's told me I...
-
- 2007-11-13 22:16:19 - How to save hundreds a month on your mortgage
- When it comes to American spending habits, the sad truth is that most people don't put their financial assets to the best use. One of the greatest examples of this is the home mortgage. Surprisingly, most people fail to educate themselves about the dangers and the pitfalls of not shopping for the best mortgage. Worst still, many have not taken advantage of low interest rates that could save them h...
-
- 2007-11-13 22:16:19 - Where to find the best rates for your mortgage?
- As with all of my articles this will be based on a scenario in my home town. (Which may be similar to yours).Loans and mortgages can be a tricky business, not to mention a costly business if you are unsure where to go and seek out help. The fact is that most local bankers and lenders will look over your present situation checking items such as your past payment history, your overall credit ...
-
- 2007-11-13 22:16:19 - To refinance or not to refinance -- here is the answer
- I have written many articles on refinancing a fixed rate mortgage to an adjustable rate mortgage. I have helped people cut as much as $800 off their monthly payments by turning their high fixed rate mortgage loan into a much lower ARM. This may be the time, however, to put the strategy in reverse, especially if your adjustable rate mortgage is coming up on the adjustment period.If you have ...
-
- 2007-11-13 22:16:19 - Mortgage: rehabilitation of financial helplessness
- The term 'mortgage' is assumed really controversial by people when they are contemplating the idea of taking a loan. It is definitely a very simple procedure which is presumed complicated because your home is attached to the term mortgage. In the layman language it is the conditional conveyance of property as a security for the repayment of the loan.In the real estate market you are sure to...
-
- 2007-11-13 22:16:19 - Remortgage serves to rewind the reimbursements of mortgage
- It takes a mighty big effort to secure a home and even mightier to convert it into an earning member. Can a home be converted into an earning member? In contemporary configuration anything is possible! You must be aware of the advantages of mortgage, for you certainly have opted for that before going for a remortgage. Remortgage is a tool that solidifies the benefits that you have compiled as a re...
-
- 2007-11-13 22:16:19 - Tips on new york mortgage refinance loan
- Many homeowners want to know if it worth taking a New York mortgage refinance. How do you know if New York mortgage refinancing makes sense in your case? Read on to understand when you should refinance and how to go about doing it.When you take up a New York mortgage refinance loan, you pay off the old mortgage and take up a new one. That means you pay similar costs such as discount points,...
-
- 2007-11-13 22:16:19 - How do i know what is the best second mortgage home loan for me?
- The information in your credit history helps mortgage lenders decide how much credit and what interest rate you are eligible for, and then match it to a bad credit home loan. The better your credit history, the more likely you are to qualify for the best credit deals. The first step is to understand if you are considered a credit risk. Most lenders will consider you a higher credit risk only if yo...
-
- 2007-11-13 22:16:19 - What on earth are home equity loans?
- Home equity loans are one of the most common types of financing for doing improvements on your house. These loans are not necessary used for home improvements but can also be used to simply obtain extra cash. It is essentially a standard loan, based on the equity you have in your house. This is as opposed to mortgage loans which are the loans used to purchase a home. Equity is the value that you h...
-
- 2007-11-13 22:16:19 - The top 5 reasons to buy a home
- 1. Save on your income tax.Yes, something good can come out of income tax. Due to income tax deductions, the government subsidizes your home purchase. Therefore all of the interest and property tax you pay throughout the year can be deducted from your gross income tax. A nice perk.2. A Hidden Savings Account.If you are anything like me, you can't save money to save your life. ...
-
- 2007-11-13 22:16:19 - Mortgage cycling ? brilliant or risky
- With mortgage rates near 20-year lows, competition in the mortgage industry is fierce. It seems like every day a new mortgage loan strategy comes out that is suppose to be the best thing since sliced bread. Whether it's a mortgage with no closing costs or an interest only mortgage, everyone is claiming they can save you a ton of money. Now someone has come out with something called Mortgage Cyclin...
-
- 2007-11-13 22:16:19 - An infinity mortgage?
- Here in Spain the concept of a mortgage period of 20 or 25 years is something new. The general feeling by the banks is that want their money back more quickly than banks in countries in which they are accustomed to longer periods. The borrowers are also accustomed to the idea that the guiding principle is to pay off the mortgage as quickly as possible.First TimersThe problem for all ...
-
- 2007-11-13 22:16:19 - How to save thousands in interest on your home mortgage!
- So you have a mortgage on your home or planning to get one? Here's something to consider if you want to reduce your interest payment and save on thousands of dollars. Consider going in for a bi-weekly mortgage payment plan.So, what is a bi-weekly mortgage payment plan? The difference in this type of mortgage plan lies in the frequency of payments. Out here you make your payments every two w...
-
- 2007-11-13 22:16:19 - Choosing the right mortgage for you
- This article will help you understand the differences between a variety of mortgage options. There are many different mortgage products offered by the various lending institutions in Canada, so you may not know what features to look for.As you'll see, each type of mortgage has slightly different features which appeal to a variety of different preferences. For example, some home buyers take ...
-
- 2007-11-13 22:16:19 - Why its important to get pre-approved
- Having a pre-approved mortgage will give you the confidence of knowing exactly what you can spend on a home before you start looking. You will also be protected against interest rate increases while you look for your new home.Your Mortgage Specialist will answer your questions and help you determine which financing terms and options are right for you. Your Mortgage Specialist and Real Estat...
-
- 2007-11-13 22:16:19 - Homeowners? insurance: the mortgage connection
- A home owners' insurance is the cover for the house against natural calamities as well as liability. This covers the house and its contents but also other personal possessions which the house secures. The natural calamities include fires and winds. It covers thefts and vandalism as well. It is also called hazard insurance (http://www.mortgagefit.com/hazard-insurance.html)It is not mandatory...