Mortgage

3417 Articles total.
Using a Second Mortgage for an 80-20 No Money Down Home Purchase Loan

On Feb 25, 2015 0 104 52

Many renters want to own their own home, but they simply don†t have the down payment to make the purchase. If you†re able to afford a house payment as much as your monthly rent, an 80-20 no money down loan could get you out of the rent trap...

Using Points To Cut Your Interest Rate

On Feb 25, 2015 0 104 52

The general mantra in the real estate world is you want to avoid paying points when obtaining a mortgage. As with most assumptions, this is not always true. Using Points To Cut Your Interest Rate When discussing mortgages, it is important to understand what points are...

Using Your Mortgage To Generate Credit

On Feb 25, 2015 0 104 52

If you need money for home improvements or a business, then you could use your mortgage to generate the credit you need. Although using your mortgage to generate credit shouldn†t be your first choice, if other lines of credit are closed to you then releasing equity from your home is a good way to generate a line of credit...

Volatile Mortgage Market

On Feb 25, 2015 0 104 52

So what is going on with all the mortgage companies? Either they shutting their doors down or some of them stopped funding loans. For one, it all started with Alt-A mortgage loans and jumbo loans. Alt-A are loans which were made to borrowers whose credit score was not so perfect, that is right below 640 FICO, who were self employed, could not prove their income...

Ways To Get A Low Cost Mortgage Loan

On Feb 25, 2015 0 104 52

Everyone needs a mortgage loan, but for some, they can get a lower costing financing if they know how to look for and secure it. The options are really many in this type of lending yet few people actually take the time to find the right choice for their needs...

What Are Subprime Mortgage Loans?

On Feb 25, 2015 0 104 52

Subprime lending refers to the extension of credit to higher-risk borrowers, a practice also commonly referred to as "B/C" or "nonconforming" credit. Loans to subprime borrowers serve communities that may have been underserved by other lenders in the past...

What counts as mortgage interest and how do I calculate it?

On Feb 25, 2015 0 104 52

When an individual takes out a loan from a financial institution or establishment in order to fully or help fund the purchase of land or a residential building for the purpose of primary or secondary residency, this is known as a mortgage...

What documents do I need in order to deduct mortgage interest?

On Feb 25, 2015 0 104 52

Many people are aware of how difficult it can be to perform normal tax processes when April comes around each year. On top of this, the more physical properties or complications an individual has in their life, the less simple it is for the individual's taxes to be filed, generally speaking - and this includes having a mortgage or residency...

What Do Interest Rate Hikes Mean For Your Mortgage?

On Feb 25, 2015 0 104 52

If you've picked up a newspaper or caught the news recently, you've probably encountered a story about mortgage rates and the Federal Reserve banking system. Like many borrowers, you might wonder how the Fed determines interest rates and how - in the event of a rate hike - your personal finances could be affected...



What Do The Terms APR, AER And EAR Mean?

On Feb 25, 2015 0 104 52

Mortgage lenders have a derogatory name for people who switch mortgage lenders to follow lower rates – they call them “Rate Tartsâ€. The author has a much more apt description – Shrewd Shoppers! After all, who spends more for exactly the same product, in this case money, when you can get it cheaper elsewhere? After all a £ from one lender as effective as a £ from another! The mortgage market is highly competitive and as long as lenders use price as the main weapon in their marketing platform, price competition will encourage remortgagers to follow cheaper deals...

What Every Mortgage Holder Should Know About PMI

On Feb 25, 2015 0 104 52

Insurance - we need it for our life, our car, our house, our health and yes, in some cases, even for our mortgage. Private Mortgage Insurance (PMI) is the mortgage industry term used to describe insurance that protects the lender of your mortgage against any type of default...

What is a Bad Credit Mortgage?

On Feb 25, 2015 0 104 52

Things such as County Court Judgements (CCJ's) or a poor credit history can scupper the chances of you getting a personal mortgage because mortgage companies deem you a high risk. If you are self-employed, and even have a pristine credit history, you may find it just as difficult to get a mortgage due to your circumstances, which is unfair...

What Is A Mortgage Calculator?

On Feb 25, 2015 0 104 52

A mortgage calculator is a wonderful tool that you should use anytime you are considering the purchase of a home. Because a home is likely to be the largest and most costly of investments that you make, it is ideal for you to insure that you get the best outcome for your home loan...

What is a Reverse Mortgage

On Feb 25, 2015 0 104 52

Reverse mortgage is a new kind of loan against your home that you need not pay back as long as you live in that house. With reverse mortgage you can mortgage the value of your home in cash without repaying the loan every month and as well as without moving out of the house, and this cash can be repaid in several ways like you can pay at one stretch in single lump sum of amount, or in regular cash advance monthly, or in credit line account that is you can decide how much available cash can be paid or combinations of any of these methods...

What Is A Reverse Mortgage?

On Feb 25, 2015 0 104 52

Reverse mortgages are becoming popular among the senior citizens. They give seniors easy money in lieu of the part ownership of their home. If you want to go for a reverse mortgage, the information below will help you: What is reverse mortgage? For senior citizens above 62 years, lenders offer instant cash without any monthly payments...

First Page 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 Last Page