Mortgage articles
Showing page 17 of 23 - There are 669 Mortgage articles
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- 2007-11-13 22:16:19 - Ten things a mortgage processor must know to be effective
- From time to time, we hear a story about a processor gone bad. A processor that seemed so knowledgeable early on but now isn't keeping pace and can't seem to get along with anyone. Many unhappy customers, unhappy loan officers, and denied files later, Mr. Broker is forced to seek out a resolution.Replacement or continuing education will be required to address the immediate issue. Additional...
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- 2007-11-13 22:16:19 - A home equity loan ? is it for you?
- Home equity loans are often touted as being the solution to so many things ? giving you access to money for home repairs or improvements, a way to consolidate debt, finance a sudden family emergency, or even as a way to start an investment portfolio. There's a lot to think about, though, before you go and sign up for the first home equity loan you see.A home equity loan is like a second mor...
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- 2007-11-13 22:16:19 - The mortgage loan application online - save time & money by applying on the internet
- "You can save time and money by applying for a mortgage loan online." This often touted tagline seems like a gimmick, but it's true. Here's why:You Do The WorkBy researching your loan online, you save time from visiting an office and getting the run-around from loan officers. It is unlikely you will get a straight mortgage quote from a bank over the phone, but you ca...
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- 2007-11-13 22:16:19 - Home mortgage lenders - how to find a good mortgage broker online
- Mortgage lenders have set up shop online, but they aren't all reputable mortgage brokers. To find a good mortgage lender you need to compare rates and research to find reputable companies.Mortgage Broker ServicesA mortgage broker works with several lenders to find the best financing for the purchase of a home. No matter if you have perfect credit or bad credit, typically a mor...
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- 2007-11-13 22:16:19 - No money down mortgage loans - ways to get approved for a home loan online with zero down
- No money down mortgage loans enabled more people to own their own home. The following ways will help you get approved for a home loan online with zero down.Good Credit RatingsIn order to qualify for a zero down mortgage, you need to have good credit. The high-risk of having zero down make many mortgage lenders picky about late payments. Typically, after three years of perfect ...
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- 2007-11-13 22:16:19 - Jumbo mortgage loans - getting approved for a jumbo mortgage loan online
- Getting approved for a jumbo mortgage loan online is similar to getting approved for a traditional mortgage when you use a mortgage broker. However, you can expect to find lower interest rates online with better terms.Choose Your Type Of Jumbo Mortgage LoanJumbo mortgage loans offer as many financing options as a conventional mortgage loan. You can pick from a fixed-term loan ...
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- 2007-11-13 22:16:19 - Applying online for a home loan can give you an instant approval
- "Instant Approval For Home Loans" is a common refrain for online mortgage lenders, but sometimes instant is longer than you think. During regular business hours with a typical application, you can expect the databases to approve your application almost immediately. However, any glitch in the system will require the intervention of a person, which adds a time delay.The following li...
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- 2007-11-13 22:16:19 - First time buyer home loans - things to consider when applying online
- As a first time home buyer, there are several things you should consider when applying for a loan online. First, do you know what type of loan you want? Secondly, do you want personal service or better rates? And finally, how do you plan on scheduling in a home loan?Type Of LoanMortgage loans come in a variety of financing forms to best suit your needs. You can choose a fixed ...
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- 2007-11-13 22:16:19 - Buying a home? reasons to consider financing your new home loan online
- Financing your new home loan online can save you time and money. With information at your fingertips, you can quickly educate yourself about the loan process and compare mortgage lenders to find the best rates. With 24 hour access to mortgage lenders, you can lower your financing costs from the convenience of your home.Educate YourselfEducating yourself about the mortgage fina...
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- 2007-11-13 22:16:19 - Refinance your home mortgage online
- The largest financial obligation most people ever take on couldn't escape the reach of the Internet. Home mortgage loans originated online comprise an integral part of one of the largest and most profitable aspects of the banking industry. Unlike many shifts in big business recently, this change actually seems to greatly benefit consumers by increasing competition and placing more financial contro...
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- 2007-11-13 22:16:19 - Home mortgages: think before you borrow
- In today's overheated housing market, lenders are making it easier and easier to get a mortgage. For example, some lenders have lowered the credit score needed to qualify for a mortgage. Others have increased the debt load that borrowers can carry or have made it easier for borrowers to get loans while providing little documentation. In some cases, lenders have even made it easier for people to bo...
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- 2007-11-13 22:16:19 - Reverse mortgages: when is one right for you?
- How do you know if a reverse mortgage is right for you? The answer depends on your current financial situation of course.But other factors such as your medical condition and lifestyle are important in determining whether or not a reverse mortgage is your best choice compared to a home equity loan, a line of credit, or just selling your home.A reverse mortgage might be worth your cons...
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- 2007-11-13 22:16:19 - Mortgage brokers or banks: which is right for you?
- When you're looking for a home loan, you might work with an officer at a bank or other lending institution, or you might choose to work with a mortgage broker. The end result is the same - a new house, but the two types of jobs differ.Bank Loan Officers: The loan officers at a bank, credit union or other lending institution are employees who work to sell and process mortgage and other loans...
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- 2007-11-13 22:16:19 - How to utilize your cash investment in your home
- Have you ever noticed how hard it can be to get to the equity in your home?Recently I had a client come to my office who had quite a bit of equity in their home. I'm not talking about $50,000 or even $200k, I'm talking about over $250k. I was asked to get 80% out of their home so that they could re-invest the monies elsewhere.From an application stand point this person had no reason ...
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- 2007-11-13 22:16:19 - Securing a cheap home improvement loan
- Finding a cheap home improvement loan can be a challenge at times, but the extra work involved can pay off by saving you money in the long run.Taking the time to get extra quotes, do a bit more research, and finding the best people to work on your home improvements is always a good idea? and if it results in a cheap home improvement loan, all the better!How home improvement loans wor...
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- 2007-11-13 22:16:19 - A guide to getting a home improvement loan
- If you've got a few things around the house that you'd like to spruce up but don't have the money for, you might want to consider getting a home improvement loan. As the name implies, a home improvement loan is designed to pay for improvements to a house or other form of real estate.The house and the improvements themselves serve as collateral for the loan, thus reducing the need for additi...
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- 2007-11-13 22:16:19 - Finding the best home improvement loans
- When the time comes to do work around the house, finding good deals on home improvement loans can be vitally important.Home improvement loans can be used to help you improve any part of your house or other real estate, providing you with the money to get the materials that you need and to hire the professionals that can get the job done.Interest rates tend to be lower, since the impr...
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- 2007-11-13 22:16:19 - Are you ready for a home mortgage loan?
- Buying a Home and committing to a Mortgage can be very scary! A home mortgage loan is the largest debt that most Americans will take on in their lifetime. As such, making the decision to take out a mortgage is not one that most first time homebuyers take lightly. Not only will your monthly mortgage payments probably be the largest bill that you face each month, but the total amount of debt realize...
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- 2007-11-13 22:16:19 - Home equity loans ? a big benefit or a big mistake?
- When the bills are piling up and there doesn't seem to be any way out, a home equity loan can seem like the answer to your prayers. Home equity loans can also be a great way to jumpstart a business or investment portfolio. However it's important to realise that in some circumstances, a home equity loan may in fact make your life a whole lot worse.A home equity loan is like a second mortgage...
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- 2007-11-13 22:16:19 - Getting the best rates on mortgages and loans
- With an impending up-grade to the family due in a few months it soon became clear that our two-bedroom home would need an addition. We loved our house too much to consider moving. Not having the large sum of cash necessary to build it, however, we began a process that became a little more than burdensome. As my wife and I wandered in and out of financial institutions claiming to have "The low...
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- 2007-11-13 22:16:19 - Home loans ? lenders continue to offer high-risk loans
- Home prices in the Untied States continue to soar, and the remarkable run of real estate as the "must have" investment continues. The median price of a new home, which only recently crossed the $200,000 barrier, is now $215,000. The high prices of homes haven't deterred buyers; sales in June reached a record number of units. There is some concern in Washington about the explosive real es...
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- 2007-11-13 22:16:19 - Mortgage and credit card companies under the spotlight on consumer charging
- For the first time since May 1996 reports have indicated that wage increases have risen faster than house price inflation. According to Nationwide, "The overall picture remains one of a gently softening market".The signs indicate that the housing market activity is finally starting to pick up, with estate agents reporting that buyers have begun returning to the market and sellers are more w...
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- 2007-11-13 22:16:19 - Home loan refinancing - what lenders dont want you to know
- Refinancing lenders seems to hold all the cards. They have the money and their own system for determining which type of credit you can qualify for. What lenders don't want you to know is that you can improve your credit rating in a matter of days.Good Credit FactorsGood credit does not mean perfect credit. People assume a 30 day late payment means poor credit. Not true. You ca...
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- 2007-11-13 22:16:19 - Refinance your mortgage to rebuild credit
- Refinancing your mortgage is one way to rebuild your credit, particularly if you have recently declared bankruptcy. With a poor credit history, you can find refinancing through a sub prime lender. To rebuild your credit, make regular payments on your mortgage and other bills. Then after two years, refinance again for lower rates with your now good credit rating.A Note About Sub Prime Len...
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- 2007-11-13 22:16:19 - Mortgage refinance - tips to help you cut fees and costs
- Saving money through a mortgage refi is more than just finding the lowest interest rates. You can further cut fees and costs through the structure of your loan, avoiding PMI, and buying lower interest rates.Close Credit Card AccountsClose inactive credit card accounts to improve your credit score, making you eligible for lower interest rate loans. You will need to notify the c...
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- 2007-11-13 22:16:19 - Refinancing your house - how to know whether to refinance or get a second mortgage
- Refinancing your house's mortgage is not the same thing as getting a second mortgage. While both allow you to cash out your home's equity, terms and rates differ between the two types of loans. To know which financing option is best for you, learn each loan's features and pick the one that best meets your needs.Refinancing Your MortgageTraditional refinancing is basically repl...
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- 2007-11-13 22:16:19 - Home mortgage refinancing - things to consider when looking to get cash out on a refinance
- When you refinance your home mortgage, lenders often tempt you with the option of cashing out part of your home's equity. Cash at a comparably low interest rate may seem like a good option, but make sure you will financially benefit from it first.Raising Your Home's ValueOnly some home improvements raise the value of your home. Bathroom and kitchen upgrades are one example of ...
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- 2007-11-13 22:16:19 - Refinancing online - tips for getting a low interest rate when applying online
- Refinancing online is a great opportunity to find low interest rates. Online mortgage lenders provide information about rates and fees for easy comparisons. However, to find the lowest interest rates, you will need to do more than just surf sites. The following tips will give you the edge in your refinancing search.Clean Up Your CreditYou make think your credit history is good...
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- 2007-11-13 22:16:19 - Refinancing after bankruptcy
- Refinancing after a bankruptcy can seem like an especially difficult challenge, but it doesn't have to be. Six months after your bankruptcy has been finalized, you can find lenders willing to refinance your mortgage. In fact, refinancing your mortgage can help rebuild your credit to good standing in two year's time. The following steps will help you find the best refinance lender while helping you...
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- 2007-11-13 22:16:19 - 2nd mortgage - better than refinancing
- You have probably received refinancing offers in the mail or advertised online touting your ability to pull out your home's equity. But a 2nd mortgage, also called an equity loan, may be a better financing option than refinancing your mortgage. 2nd mortgages are ideal when you just want to tap into your equity, plan to move soon, or are unsure about the amount you want to borrow.Tapping ...