Mortgage articles
Showing page 9 of 23 - There are 669 Mortgage articles
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- 2007-11-13 22:16:19 - Home loans: where do i begin?
- So you've finally decided you've had enough of paying rent and want to jump into home ownership. Well you've got your work cut out for you. Plumbing problems are now your responsibility, not your landlord's. A nice, clean yard is also your responsibility, not your landlord's. The air-conditioning goes out in August, who do you call. Not the landlord, you're now responsible. Yep - a lot of work....
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- 2007-11-13 22:16:19 - Home loans and mortgages ? time to consolidate loans?
- Home equity loans and lines of credit are useful tools for homeowners. They allow the homeowner to borrow against the value of his or her home for all kinds of purposes ? home improvement, debt consolidation, vacations, and more. The loans, backed by the value of the house itself, come with attractive interest rates and the added bonus of tax deductible interest. That interest, however, is often v...
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- 2007-11-13 22:16:19 - Buying a home with poor credit is easier than ever
- Buying a home with poor credit is easier than ever with online mortgage brokers. You can easily find sub prime lenders, compare rates and terms, and complete the process on your schedule, not the banks.Online Sub Prime LendersSub prime lenders have moved online to offer their services nationwide. They finance mortgages for people with bad credit due to late payments, bankruptc...
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- 2007-11-13 22:16:19 - Buying a home with bad credit - why a recent bankruptcy will not stop you from getting approved
- Buying a home with bad credit is possible with the help of a subprime lender even if you have a recent bankruptcy or foreclosure. These mortgage lenders specialize in financing home loans for people with poor credit.Effect Of Bankruptcies And Foreclosures On CreditA bankruptcy or foreclosure is not the death of your credit. Yes, your credit score will be hurt and you won't be ...
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- 2007-11-13 22:16:19 - Home mortgage loans for people with bad credit - 3 ways to improve your chances for getting approved
- Finding home mortgage loans are a reality for people with bad credit. By tapping into online home loan resources, you can find financing to buy a home. While adverse credit limits your chances with traditional lenders, the following three ways will improve your chances to get approved for an online real estate loan.1. Fill Out The ApplicationThis may seem like a no-brainer, bu...
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- 2007-11-13 22:16:19 - Home mortgage rate shopping - why some shoppers give up and others dont
- About 29% of current homeowners and a much larger percent of consumers with income levels above $50,000 feel it best to stay as far away from offers to finance or refinancing their home as possible. And this seemly for good reason. Trying to get a great deal on a mortgage loan or shopping for low rate refinancing can be a pain in the neck and a complete and total hassle for most of us. What's wors...
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- 2007-11-13 22:16:19 - Save yourself from homebuying disasters
- Whether you are a first time home buyer or a happy home owner who wants to refinance an existing home loan, there are some cardinal "dos" and "don'ts" to follow. For many, home ownership is the biggest investment in their lives and that could be the reason why some people act irrationally, as if they purposely want to sabotage the deal. Follow these simple rules and you will be...
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- 2007-11-13 22:16:19 - Home loans and mortgages ? the myth of tax deductible interest
- Home ownership has risen sharply in recent years, and the percentage of Americans who own their own homes is approaching a record seventy percent. That's a good thing; we'd all rather live in our own home than consider the alternatives. The most common method of purchasing a home is by taking out a mortgage. Mortgage types vary, but most loans consist of some variation of a thirty-year loan, with ...
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- 2007-11-13 22:16:19 - Home mortgage quotes online - how do they compare to a quote from a broker in the real world?
- Online home mortgage quotes are very similar to the quotes given by mortgage brokers in "the real world," except lower. With the reduced cost due to a simplified application process and reduce overhead for office space and personnel, online mortgage lenders can offer financing with no fees or lower interest rates.Looking At FeesFees are the hidden costs of loans. Mor...
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- 2007-11-13 22:16:19 - Build your own dream house!
- So you're thinking about building your own house, are you? Well, you've come to the right place! It's a lot of fun (hard work and eventually fun!) to build your own home and it will save you thousands of dollars(we saved over a Hundred Grand by doing it ourselves - that's pretty significant cash!). If you happen to live in a Large City, like Los Angeles, or anywhere that Real Estate Values are 'cl...
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- 2007-11-13 22:16:19 - Bridging loan basics
- A Bridging Loan is a short-term loan used as a way to provide funding for the purchase of a new property while the borrower awaits the sale of an existing property. Unless all the stars are in perfect alignment, it's tricky to coordinate the sale of one property and the purchase of another property in such a way that the transactions occur simultaneously.A Bridging Loan or "Bridging Fi...
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- 2007-11-13 22:16:19 - Secrets your banker wont tell you - which loan is best for you?
- Recently I was driving in my Car and I heard an Ad for a Mortgage lender who claimed they would help you find the Best Loan out of over 400 Different Loan Types. 400 Different Loan Types now that has to be confusing. How do you find the Best loan for you. Clearly the Best loan for you is not the Not the best loan for your bank. Learn the Secrets your Banker doesn't want you to Know....
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- 2007-11-13 22:16:19 - Best buy to let mortgages
- Are you looking for the best buy to let mortgages with the lowest rates payable? Need to calculate repayments on-line? Not sure how much you can borrow? These are all questions that you may well be asking yourself if you are looking for the best buy to let mortgages.Finding the right buy to let mortgage is crucial to your success as a property investor. Unlike other forms of investment, a l...
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- 2007-11-13 22:16:19 - Fixed rate mortgage vs. adjustable rate mortgage
- The most basic distinction between types of mortgages that are available when you're looking to finance the purchase of a new home is how the interest rate is determined. Essentially, there are two types of mortgages - fixed rate mortgage and an adjustable rate mortgage. If you choose a fixed rate mortgage, the rate of interest that you are paying on your mortgage remains the same throughout the l...
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- 2007-11-13 22:16:19 - Is it time to buy a house?
- At some point as you're writing out your rent check, you get to the point where you look at the amount and think to yourself - at this rate, I could BUY a house. If you're fed up with paying rent every month that's high enough to finance a mortgage, it may be time to take a serious look at what it would take for you to get a mortgage loan and buy a home of your own. How do you know if it's time to...
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- 2007-11-13 22:16:19 - Which is better? fixed-rate or adjustable-rate mortgages
- The answer depends on several factors including your financial situation. Lets take a look at the main differences between the two types of mortgages.Fixed Rate MortgageTwo major components that are needed to compare fixed rate mortgages are the interest rate and the points. Points are fees paid to the lender at the beginning of the mortgage period. They are based on a percentage of ...
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- 2007-11-13 22:16:19 - Mortgage after bankruptcy - bankruptcy discharged yesterday? purchase a home today!
- So you have been through a bankruptcy and surely have been told to wait at least two years before applying for a home loan. Waiting two long years without any guarantee of being approved for a mortgage after bankruptcy can be disheartening. Fortunately, this advice no longer holds true.Today, there is a growing realization of the need to offer home loan products that are specifically design...
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- 2007-11-13 22:16:19 - Home loans for credit challenged borrowers
- Just because you have negative items on your credit report doesn't mean you can't obtain a home mortgage loan. There are options for you. Bad credit is not the end of the world. It's true that getting a bad credit mortgage loan is not always the easiest or fastest mortgage loan out there, but you can still buy your own home even with bad credit.Bad credit shouldn't stop you from getting a h...
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- 2007-11-13 22:16:19 - This secret weapon will eanble you to close up to 200% more home remodel sales
- Many Homeowners are not aware of all the options that are available to them when it comes to Home Loans. As a Home Remodeling Specialist you have a very powerful sales tool that most of your competitors don't even know exists. By using this Sales tool you can overcame the one Major purchase objection and Close up to 200% More Sales.One of the biggest objections y...
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- 2007-11-13 22:16:19 - Seniors can use a reverse mortgage to fund annuities, investments, and insurance policies
- For many seniors in or entering retirement, the prospect of purchasing long-term care, investments or annuities can be cut short by a lack of retirement income. Statistics show that 3 out 4 seniors will have to lower their current standard of living during retirement. Social Security, IRA's, 401k's, and other methods of retirement income usually provide enough income for living expenses and recrea...
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- 2007-11-13 22:16:19 - Home loans and mortgages ? tips to avoid foreclosure
- Today's real estate market is a volatile one; prices are at record levels and Interest rates are favorable, but foreclosures are increasing. Wages haven't kept up with home prices and some buyers who had to stretch to find a way to obtain a mortgage in the first place are having trouble making their payments. Usually, if a buyer cannot meet his or her mortgage obligation, the lender forecloses, ta...
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- 2007-11-13 22:16:19 - Home loans for people with poor credit - understanding the requirements for a subprime mortgage
- Home loans for people with poor credit demand that you understand the requirements for a subprime mortgage loan to get the best rates and terms. By satisfying the requirements, you can be assured of securing a subprime mortgage to buy a home.Time To Rebuild CreditDepending on subprime mortgage lenders, you can be approved for a mortgage loan after two to three years of a forec...
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- 2007-11-13 22:16:19 - Hard money loans - reasons why you might want to try applying with a subprime mortgage lender
- Before you apply for a hard money loan, try applying with a subprime mortgage lender first for lower rates and fees. Hard money lenders charge excessive fees to high-risk borrowers, but will only lend 50% to 75% of the value of the property. On the other hand, subprime lenders offer loans to similar high-risk groups, but with better terms.Lower RatesSubprime lenders specialize...
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- 2007-11-13 22:16:19 - Bad credit home loans - dealing with bad credit mortgage companies online
- Dealing with mortgage companies online can enable you to get a home loan even with bad credit. Bank associates' skepticism and talk around are avoided when you apply online with a mortgage broker. You also can compare multiple financing offers to ensure you are not getting scammed just because you have poor credit.To get the most out of your online mortgage company, follow these tips:...
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- 2007-11-13 22:16:19 - What is the payoption arm?
- Imagine an adjustable rate mortgage that allows you to pick one of four payment options on your monthly mortgage bill. It is an ARM on which the interest rate adjusts monthly and the payment adjusts annually, with borrowers offered options on how large a payment they will make. The options include interest-only, and a "minimum" payment that may be less than the interest-only payment. The minimum p...
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- 2007-11-13 22:16:19 - Poor credit mortgage reigns high among mortgages available to bad credit borrowers
- Like a big brother keeping notes of the erring behaviour of his younger sibling, credit reference agencies like Experian and Equifax maintain a record of each person entering into credit transaction. While a few instances of arrears are considered admissible, as the incidence of bad credit behaviour increases, creditors start considering these as a lack of reliability. These people are termed as h...
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- 2007-11-13 22:16:19 - Fha mortgage: whats the best way to show an underwriter that youre ready to buy a house?
- Mortgage underwriters can be a suspicious bunch. If you have bruised or even bad credit, you have your work cut out for you. Many loan programs have guidelines that set a minimum FICO score of 620. FHA does not allow lenders to reject a loan based solely on FICO scores, but if yours is less than 620, there are probably other reasons the underwriter will find in your file to say no.How do yo...
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- 2007-11-13 22:16:19 - Bad credit mortgage loans online - how your fico credit score can affect your loan approval
- When applying for a mortgage loan when you have a bad credit history. There are a few things you should know about your FICO score that will help you know what to expect from mortgage lenders.With a credit score below 585, you will need to put at least 10-20% as a down payment on the property. You will not likely be approved for 100% financing at this point.If you have a credit sc...
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- 2007-11-13 22:16:19 - Home mortgages: how about those 1.75% loans?
- You've undoubtedly heard or seen ads for mortgages with very low interest rates such as 1.75%. For example, one mortgage company in the city where I live is advertising a 40-year mortgage with a 1.75% interest rate. That sounds like a pretty good deal, doesn't it? After all, if you were to buy a house for $250,000 with this rate, your payment (not including taxes and insurance) would be only $632 ...
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- 2007-11-13 22:16:19 - Adjustable vs fixed rate mortgages
- Mortgage rates can either be fixed for the duration of your loan or can be adjustable. An adjustable rate mortgage is a loan that is set up with an interest rate that changes based on pre-determined criteria, primarily tied to the federal interest rate. If the interest rates are up, then your interest rate on your loan will be higher, if the interest rates are low than the interest rate on your lo...