Mortgage articles
Showing page 7 of 23 - There are 669 Mortgage articles
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- 2007-11-13 22:16:19 - Thinking about re-mortaging? read these tips first
- More and more of use are signing up for limited time low interest rate mortgages and then switching to a different mortgage when the low interest period expires.It's a great way to save money and can, potentially, save you thousands in repayments. However, there are a few things you need to think about befoe you re- mortgage.Firstly, check there's no early redemption penalty on your ...
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- 2007-11-13 22:16:19 - How to get the best mortgage
- This is a guide on how to get the best mortgage deal. Do not rush into the first offer that is made to you even if you are in a hurry for a mortgage. Take your time, check out what is on offer from local banks, building societies and mortgage brokers. The more time you spend doing this will equate to greater savings on your mortgage. Remember for most people it is something that they will only do ...
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- 2007-11-13 22:16:19 - Should you choose to refinance?
- Refinancing has become a valid option for many individuals with high interest rates on their mortgage. Refinancing is essentially a replacement loan, with a different lender and (hopefully) a lower interest rate.So why would you choose to refinance?You may be able to take advantage of lower interest rates.You may also be able to extend the repayment period o...
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- 2007-11-13 22:16:19 - No deposit home loans
- A few years ago, many of us would have had a light chuckle to ourselves if someone mentioned that you could borrow money to buy a house with only the promise of solid future earnings. But today this is a regular occurrence. Many of the industry's non-conforming lenders are selling these financial products to many happy consumers, with most of the major banks avoiding this riskier route.Idea...
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- 2007-11-13 22:16:19 - Five things never to tell your mortgage lender when facing foreclosure
- 1. Never discuss your household finances over the phone with the collection department. What you don't know is that you are being qualified and not know it. This is the easiest and fastest way to get a turn down. Request a homeowners assistance package so that you can submit the require information.2. Never tell them you are broke. Even though you may qualify for a special forbearance or mo...
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- 2007-11-13 22:16:19 - Home equity loan ? a reverse mortgage could provide a comfortable retirement!
- While only comprising about 1% of all mortgages, the reverse mortgage has gained in popularity in recent years. Federally insured since the late 1980's, the reverse mortgage allows owners of paid-off homes to borrow against the equity in their homes in the form of a lump sum, a line of credit, or in the form of monthly payments. The loan is repaid when the owners die or when the home is sold or no...
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- 2007-11-13 22:16:19 - Home equity loan improvements
- There's more Regulation Z compliance on the way, courtesy of the Home Equity Loan Consumer Protection Act. This fall banks will have to implement the new home equity loan disclosure rules the Federal Reserve Board was required to issue under the act.The Federal Reserve released the final version of the home equity regulation on June 5. The rules were made effective June 7. However, complian...
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- 2007-11-13 22:16:19 - Home equity loan ? with a reverse mortgage, your home pays you!
- The home equity loan has become quite popular in the last five years, and Americans have tapped into the equity of their homes in record numbers. The reasons vary, although home improvement and debt consolidation are the most common reasons for borrowing against a home's equity.In the last fifteen years or so, a new twist has arrived in the home ...
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- 2007-11-13 22:16:19 - Multi family property living
- While most multi family properties are designed to allow the peaceful coexistence of many families within their separate units, some apartments and houses give you the feeling that you're actually living in one big family. Things like sharing one washer and dryer between five families means you never know whose underwear you'll have to fish out of the washer before you start your own laundry. And ...
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- 2007-11-13 22:16:19 - Think you cant get a mortgage?
- You've finally found that dream home that you have always been searching for, but you are afraid to apply for a mortgage because you have bad credit or less than perfect credit.Before you give up entirely, there are many mortgage programs that are geared towards people just like you. Here's a short guide to finding the best one.The first step in getting a home loan is to find out wha...
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- 2007-11-13 22:16:19 - Should you get an interest-only home mortgage?
- Before you consider taking out an interest-only mortgage, you should first understand what they are. Unlike traditional, fixed-rate mortgages, interest-only mortgages allows the borrower to initially pay the interest on the principal for a short period of time, rather than making payments on both the principal and the interest. This is how it works: say, for example, you've taken out a mortgage fo...
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- 2007-11-13 22:16:19 - 13 extra costs to be aware of before buying a home
- Whether you're looking to buy your first home, or trading up to a larger one, there are many costs - on top of the purchase price - that you must figure into your calculation of affordability. These extra fees, such as taxes and other additional costs, could surprise you with an unwanted financial nightmare on closing day if you're not informed and prepared.Some of these costs are one-time ...
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- 2007-11-13 22:16:19 - Home equity loans in texas
- A few notes of importance: This only applies to a homestead property, that is the customers primary residence LTV refers to Loan to Value, meaning the loan amount as compared to the value of the home. As an example, a loan of $75,000 on a home valued at $100,000 would be a loan at 75% LTV. These specifics only apply to Texas cash out loans in the State of Texas - obvious...
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- 2007-11-13 22:16:19 - Mortgage questions to ask your lender
- Buying and financing a home today can be overwhelming. Here are some questions to ask your lender so that you can make informed decisions.Are both fixed-rate and adjustable mortgage loans available? What is the interest rate?How long can I "lock-in" the financing at the current interest rate?Is a float down lock available in case rates drop after I have locked in?What a...
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- 2007-11-13 22:16:19 - Tips for first time home buyers
- When looking at tips for first time home buyers, you've come to the right place. Many people are looking all over the Internet for reliable information. There's over 761,940 websites (as of March 05) with information or online forms urging you to fill them out for more details.While I certainly agree the Internet is a great place for obtaining tips for first time home buyers, it can also be...
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- 2007-11-13 22:16:19 - A guide to the best remortgage deals
- Finding the best remortgage deals isn't always easy, especially with the large variety of lenders available today. It can sometimes take a lot of research and time to locate the best remortgage deals for your home, though the end result is often worth it.What you're looking for in the best remortgage deals is a combination of low interest rates, good repayment terms, and an overall reductio...
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- 2007-11-13 22:16:19 - Stop foreclosure - 7 tips to save your home
- Faced with the threat of a foreclosure on their home, with all the weight of the mortgage industry and its army of attorneys against them, the average homeowner might feel like David facing Goliath.But David defeated Goliath !David had a sling and some pebbles.You have an armory of tactics and options which can enable you to stop foreclosure proceedings in their tracks....
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- 2007-11-13 22:16:19 - A simple way to save thousands on your mortgage charges
- How many times do you check you restaurant bill? If not often, I would advise you to do it more, especially when dining on your overseas vacations. Still, much more Americans check their restaurants bill, than the number of homebuyers, who check the charges for their mortgages.There are two popular misconceptions about the mortgage surcharges. First ? the charges are all the same because of...
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- 2007-11-13 22:16:19 - How to get cheap home loans with a bad credit
- It's been years since you made any major improvements to your home and it's about time. Your spouse and children are also urging you to give the house a facelift. So, what do you do? Dip into your savings? Great! But that's only if you've enough stashed away in there. Go in for a regular loan? But you can't, because you've a bad credit history, a difficult to prove income and just no down payment ...
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- 2007-11-13 22:16:19 - Bad credit mortgage loans - are you killing your chances of getting approved?
- When you have poor credit, your list of lenders that will approve you for a home loan can shrink down very small. You want to make sure that you are doing everything in your power to keep your credit rating as high as you can.Many people will unknowingly hurt their chances of getting approved and make it more difficult for themselves. Here are 3 things you will want to avoid doing if your c...
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- 2007-11-13 22:16:19 - Shopping for a mortgage, avoid three common mistakes
- Buying a home or refinancing one is perhaps the largest financial transaction you will ever make in your life, so you want to be sure to avoid any mistakes that may cost you in the long run.When you are deciding on a mortgage, you certainly don't want to make your decision by flipping a coin.You will have to do as much research as you possibly can, so that you will understand all of ...
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- 2007-11-13 22:16:19 - Homeowner loans - whats available?
- It isn't difficult to get a homeowner loan if you own your own home, hundreds of UK lenders will lend up to 95% Loan to Value of your property and some as much as 125% Loan to Value if you find you have little or no equity at all.Homeowner loans are available to those that own or pay a mortgage on their house, bungalow, flat or cottage. Companies such as Purple Loans offer competitive rates...
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- 2007-11-13 22:16:19 - Online mortgage brokers - what you might not know about home loans & the internet
- You may think that applying online for a mortgage is the same as applying with a broker in the 'real world', only more convenient.While applying for a mortgage online is much more convenient, and sure to help you get a lower rate because of the amount of competition online, there is another benefit to using the internet when applying for a loan.Sometimes when you meet a broker and he...
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- 2007-11-13 22:16:19 - Fha home mortgage purchase or refinance loan - why you might consider getting an fha loan
- Most borrowers have heard of FHA home loans. They are very common. You hear about them mostly as loans for first time borrowers, which is common. However, most people don't realize that FHA loans can also be does for refinancing. They are not only for purchasing a house.HUD owns and operates FHA, which is a program designed to help borrowers who might have difficulty buying a house. If the ...
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- 2007-11-13 22:16:19 - How to avoid paying mortgage insurance
- In today's world, a borrower should not be paying mortgage insurance (PMI) on their home mortgage with a few exceptions such as an FHA loan. Mortgage Insurance is a thing of the past.Let's first explain what mortgage insurance is. A lender requires a borrower to pay mortgage insurance if the loan amount is greater than 80% of the value of the home on a single loan. The reason this is the ca...
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- 2007-11-13 22:16:19 - Zero down mortgage loans - is 100% financing a good idea and can you get approved?
- Are you wondering if you can get approved for a home loan with 100% financing? Are you also wondering if its a good idea to get a mortgage loan with no money down? Here are some points to keep in mind as you apply and consider your different mortgage loan options.To qualify for 100% financing on a purchase mortgage loan, it would be important for you to have a credit score of at least 600 o...
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- 2007-11-13 22:16:19 - Home mortgage loan refinancing online - 3 tips on refinancing your home
- When refinancing your home, it's helpful to know a few things about refinancing. When you refinance, you usually pay off the old loan and sign for a new loan, whether you are refinancing your 1st mortgage, second mortgage or home equity loan. The expense that comes in to play when refinancing are the new closing costs and points charge for getting a new loan.How much can you expect in cl...
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- 2007-11-13 22:16:19 - Bad credit mortgage refinance - should i, shouldnt i?
- It is a common financial scenario across households in the Western world. Multiple debts have started to build up: a car loan here, a department store loan there; a bank loan here and several credit cards there. While all may have seemed manageable on the optimistic day you took them out, or spent on them, suddenly you realise that you cannot keep up with the monthly payments. You miss out on a pa...
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- 2007-11-13 22:16:19 - Sub-prime mortgage company - 4 signs of a predatory sub-prime lender
- If you have bad credit and are looking to get a home loan, odds are, you are going to be applying with a subprime lender. Subprime lenders specialize in financing for people with poor credit history or "less than perfect credit".Getting a subprime mortgage loan can be good if you can get a reasonable interest rate and terms and then refinance as soon as the pre-payment penalty period is ove...
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- 2007-11-13 22:16:19 - Credit problems? with a subprime mortgage lender, poor credit is not a problem
- Have you been turned down for a home loan recently because you have a bad credit history? You may want to consider applying for home financing with a subprime mortgage lender. A subprime mortgage lender is one who specializes in providing financing for people who are difficult for most mortgage companies to finances, it could be because of a low credit score, hard-to-prove income or a combination ...