Mortgage articles
Showing page 5 of 23 - There are 669 Mortgage articles
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- 2007-11-13 22:16:19 - A guide to uk buy to let mortgages
- Essentially there is little difference between the process that one follows for a buy to let mortgage in the UK than there is for any other type of mortgage. The lender still has to consider your credit worthiness, the value of the property, how much down payment you can afford and all of the other usual considerations. However, in addition, the lender will usually be interested in what the market...
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- 2007-11-13 22:16:19 - Buying a home with no money down or bad credit - pmi can make it easier
- Private mortgage insurance is an excellent method for homebuyers who have trouble saving money, are short on money, or have bad credit, to get into a home now. Private mortgage insurance is provided by a third party to protect the lender in the mortgage contract. This allows you to purchase a home with a much smaller down payment and if you have bad credit. You should note that this service does n...
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- 2007-11-13 22:16:19 - Fixed rate mortgage loans - understand the pros and cons of the fixed rate mortgage
- There are many benefits and drawbacks to consider when deciding if a fixed rate mortgage is right for you. It is important to look at all options when it comes to something as important as getting a mortgage for your new home.There are a few benefits to fixed rate mortgages. One benefit is that the rates and payments remain constant. There won't be any surprises even if inflation surges out...
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- 2007-11-13 22:16:19 - Adjustable rate mortgages - understand the benefits compared to a fixed rate mortgage
- Adjustable rate mortgages can be very tempting to home buyers, yet they carry a great deal of uncertainty. Fixed rate mortgages offer rate and payment security, but they are more expensive. It is important to weigh the pros and cons of ARMs and fixed rate mortgages before you decide which is right for you.There are many benefits with an adjustable rate mortgage. One benefit is that they usu...
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- 2007-11-13 22:16:19 - Home mortgage loans - fixed rate, adjustable or balloon, which one is right for you?
- When you're shopping for a new home-especially for the first time-all the terms and expressions may be confusing and difficult to understand. Adjustable rate, fixed rate, balloon payment - how do you decide which is the right type of home mortgage for you if you're not even sure what each of them are?The name of the mortgage type usually has to do with how you'll pay for your loan - how the...
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- 2007-11-13 22:16:19 - Home equity loans - how to use your homes equity to consolidate debt
- If you've got a wallet full of credit cards, and monthly payments on them that total more than 25% of your monthly income, chances are that you've considered debt consolidation loans or some other means of taming your credit card debt. But did you know that a home equity loan is another way to get the money that you need to pay off your creditors, reduce your monthly payments, and get out from und...
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- 2007-11-13 22:16:19 - Low income home loans - fha and va mortgage loans can help you get approved
- If you have low income and are looking to get approved for a home mortgage loan. There are many programs available to help you get approved. Whether you are looking to purchase a new home or to refinance your existing home, with the following low income home loan mortgage programs, almost anyone can fulfill their dream of becoming a home owner.The Federal Housing Administration (FHA) hom...
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- 2007-11-13 22:16:19 - Bad credit home loan - apply online and keep your credit score as high as possible
- If you have a poor or bad credit history with something in your past like a bankruptcy or a foreclosure, you know how difficult it can be when you try to get financing for a home mortgage purchase, refinance, home equity or second mortgage loan. Its important to be persistant in looking because there are home mortgage loans out there for people with bad credit.There are many articles online...
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- 2007-11-13 22:16:19 - Stopping foreclosures
- If you as an investor understand the process, you will be able to help more people!Foreclosure is tuff on folks it's all about losing!Your customer loses their home and the lender loses money!If you can get your focus going in the right direction, you can create a Win - Win scenario for all involved.Writer and philosopher Johann Wolfgang von Goethe said, "Kindness is th...
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- 2007-11-13 22:16:19 - Guide to remortgages
- Here is a useful guide to remortgages. What is a remortgage? A remortgage is when the terms of the original mortgage are renegotiated, and usually means that the borrower increases the amount that they are borrowing, which is often possible due to a rise in the value of the property.A remortgage is simply the act of paying off your current mortgage and taking out a new one. Many people do n...
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- 2007-11-13 22:16:19 - Jacksonville florida real estate mortgage home loans - get the best rate everytime
- There are hundreds of mortgage companies in the Jacksonville real estate market. All claiming to have the lowest rate and excellent customer service. Well, it is simple to figure out that if you are reading this information off of billboards or in an expensive yellows page adverisment, it is very possible this isn't so.Very often, a real estate agent will refer a customer to me. I will ask ...
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- 2007-11-13 22:16:19 - Refinance benefits - refinancing could save you money
- The most common reason most people refinance is to save money, but many people refinance for various other reasons.1. Refinancing to Lower Your Monthly Payment for an Existing Loan.You can refinance your existing loan at a lower interest rate thus reducing your monthly loan payments. With interest rates at their lowest for years, you can find some excellent rates - sometimes far much...
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- 2007-11-13 22:16:19 - A home loan can help you own your dream home
- Owning your dream home need not just be a dream. You can own it with a home loan offered by any number of financial institutions to help meet the shortfall between the purchase price of the home and the down payment that you provide.The two types of home loans or mortgages that you need to know are:Fixed rate mortgage: Home loans of this type carry a fixed rate of interest throughout...
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- 2007-11-13 22:16:19 - Refinancing your home - is the time right?
- Refinancing your home is a major decision not to be taken lightly, even in this era of low interest rates and easy money. While every mortgage company in town is touting the strategy of getting a new loan before rates rise again, there are several things you'll want to be mindful of before you go about refinancing your home.In my view the key to refinancing your home isn't just the rate the...
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- 2007-11-13 22:16:19 - Mortgage reduction solutions
- USA ECONOMIC CONDITIONSToday's sluggish economy has left millions of people struggling to financially make ends meet. Lou Dobb's coined phrase "Assault on the Middle Class" continues. Virtually every corner you turn screams inflation and rising expenses. The sky-high cost of fuel and other commodities is ultimately passed to us weary consumers. Salaries once adequate for providing...
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- 2007-11-13 22:16:19 - Commercially viable commercial mortgages
- Commercial mortgages are similar to residential mortgages. Usually taken by businesses, commercial mortgages are secured against business property.Businesses have to make an important decision regarding the premises where the operations are to be carried. It is a buy or rent decision. By acquiring a property on rent, one is required to make a small monthly or quarterly payment. However, eve...
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- 2007-11-13 22:16:19 - Are you ready for a 40-year mortgage?
- Real estate prices have been increasing steadily over the last five years, particularly on the East and West coasts. In parts of California, homes are selling for 33% more than they were a year ago. This has made it more difficult than ever for first-time homebuyers to purchase a home.Over the years, a number of new mortgage options have become available to prospective buyers that ease the ...
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- 2007-11-13 22:16:19 - Mortgage calculator ? how to calculate your monthly mortgage payment
- Just starting to shop for a new home? Do you want to know how to figure what your monthly payment would be based on a certain priced home? No problem, there are plenty of mortgage calculators on the web you can use free of charge (click here for an example of one). All you need to know is ...
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- 2007-11-13 22:16:19 - Home equity loan - is it for you?
- A Home equity loan has become an easy way to not only pay off other non-deductible debt, but to come up with large wads of cash for remodeling projects, vacations and more. People have financed college educations with a home equity loan, so your imagination is your only barrier. There are few if any restrictions on a home equity loan because in essence you're using your own money. With housing mar...
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- 2007-11-13 22:16:19 - Mortgage loan information - know the basics when you refinance or purchase a home
- If you are currently looking for a new home, chances are that in all the excitement you won't really give any thought to the type of home loan mortgage you take out, instead going with the first one offered to you. This could be a serious mistake ? costing you thousands, if not tens of thousands. Make sure you know all about the different types of home mortgage loans before you starting looking fo...
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- 2007-11-13 22:16:19 - Mortgage cycling may be your best bet for equity buildup and investment real estate
- Mortgage cycling is a system that relies on solid budgeting, equity lines of credit and use of an open credit card. Whether you use this on investment real estate or your own home, it can work for wealth building. If you are short on equity in your home and/or don't have an open credit card, a decent-sized savings account or money market will get your mortgage cycling started just as easily....
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- 2007-11-13 22:16:19 - Mortgage advice to make mortgages a really smooth ride
- Mortgages are easy as long as you understand them well. But how many borrowers can be confident of their knowledge of mortgages.With the list of terms and terminologies related to mortgages growing fastly, it is difficult to keep pace with it. However, ignorance of law is no excuse. Therefore, it is necessary to be updated in the field of mortgages.This will not require a wide knowle...
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- 2007-11-13 22:16:19 - Adverse credit mortgage loan - persistence is the key to getting approved
- People with bad credit that are looking to get a home mortgage loan or to refinance their existing home mortgage loan, know how difficult of a job it can be to try and get approved. Adverse credit history can mean a little more legwork to get an approval for a mortgage loan, and especially to get a decent interest rate.Most mortgage brokers will tell you that if they can't help you, no one ...
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- 2007-11-13 22:16:19 - Home equity loans 101
- A secured home loan differs from an unsecured loan in that the secured loan borrows against one's home as collateral, thereby reducing the risk to the lender.As such, secured home loans often offer better interest rates than unsecured loans, but offer higher risk to the borrower, as defaulting on these loans can have greater consequences, such as fines, or even possible repossession of the ...
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- 2007-11-13 22:16:19 - How to tap in to your home equity
- With today's relatively low interest rates and climbing property values, many consumers are considering taping into their home equity to finance everything from home improvement projects to debt consolidation.Secured home loans, also called home equity loans, are loans backed by the borrower's equity in their property. Equity is the difference between your home's appraised value and the bal...
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- 2007-11-13 22:16:19 - Home equity loans: a useful financial tool
- The investment need of an individual varies with time. Thus the need to buy a car or invest in a new house, which may have seemed "beyond means" a few years ago, may be a relevant and wise decision today. However, taking a consumer loan at existing rates may add to the existing debt burden of the individual. This is where home equity loans can be of help.A home equity loan can be a very use...
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- 2007-11-13 22:16:19 - Getting the best home equity loan
- Owing to the popularity of home equity loans, there are numerous lending agencies offering a variety of mortgage products. A bad choice of mortgage can lead to disastrous effects, as there is a risk involved of foreclosure and losing one's home. Hence it becomes necessary to secure the best loan possible.Simple steps to endure that you select the best home equity loan:Find out your c...
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- 2007-11-13 22:16:19 - Home equity loan ? beware of equity stripping scam
- The market for mortgage refinancing has been brisk during the last few years. The boom in business can be attributed to interest rates that have been at or near historic lows, and to lenders who have more money to lend now that they aren't investing in risky tech stocks anymore. Low rates and agreeable lenders are certainly good for consumers who might be interested in refinancing their home or ta...
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- 2007-11-13 22:16:19 - A qualified mortgage consultant can help boost credit scores
- Consumers interested in purchasing or refinancing a home will pay an interest rate based on current market conditions and their ability to pay back the loan. The borrower's income and debt ratios are taken into consideration by the lender, as well as the predictability factor provided by credit scoring. It's important to have a mortgage professional in your corner that has a keen eye for solutions...
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- 2007-11-13 22:16:19 - Renters have much to gain by pursuing home ownership
- Buying a home vs. renting is a big decision that takes careful consideration, as most mortgage consultants will agree. But the rewards of home ownership are great. For many years, purchasing real estate has been considered an extremely profitable investment. It is an achievement that offers a sense of pride, financial stability and potential tax advantages.Yes, there are certain responsibil...