|Mortgage & Refinancing Information|
Financing the Purchase of Foreclosed Homes
Homes that have been foreclosed can be one of the most economical ways to get into a nice home without having to pay exorbitant costs. It's also a great way to get in on the real estate investment game as a beginner. Foreclosure occurs when an owner is unable to meet the financial obligations due a lender on their home. In some cases, this may occur years into the mortgage; which means the amount owed on the home may only be a fraction of the original purchase price. Add in the fact that homes usually appreciate in value and you could be looking at purchasing a home for only a small percentage of the actual fair market value. In some cases you may be able to purchase homes at up to a 15%-20% discount.
When the owner is unable to make the payments on their home the bank will attempt work with them for a short period of time; however after that time is exhausted they must recover their financial losses. Foreclosure is a last resort effort to cure a loan default.
There are a number of different ways you can finance the purchase of a foreclosed home. If you are considering such a purchase talk with your Credit Union advisor to learn about the programs they offer.
There is a common myth that you must be able to pay cash in order to purchase a foreclosed home; however this is absolutely untrue. Although paying cash certainly gives you more negotiating room; it isn't necessary. At the current time the most popular way to purchase and finance foreclosed homes, whether it is for investment purposes or for personal use, is directly from a credit union or other financial institution. There are fewer complications and risk involved in this financing method than other methods and it is fairly easy to locate bank foreclosed homes.
If you are planning to purchase a foreclosed home for personal use; your goal should be to purchase a home below market value, make a low down payment and finance the remainder of the purchase with a low interest rate. It's important to keep in mind when purchasing foreclosed homes that just because they are in foreclosure does not mean that you can make a low ball offer and expect it to be accepted.
Individuals who are interested in purchasing foreclosed homes for investment purposes only may find that their local credit union provides financing as well as support and information. Others may choose to finance through personal investors, particularly if credit is an issue. You will generally be expected to pay a higher interest rate; however.
Both investors and persons interested in purchasing foreclosed properties will find that creditunionrate.com has information and links needed to navigate the process from beginning to end.
Nicole Soltau is the President and Founder of CreditUnionRate.com.
Buying or refinancing? The mortgage rate frenzy is back STLtoday.com
Average rates are around 3.82% nationally for 30-year-fixed mortgages, after peaking near 5% in November.
4 irresistible perks of a VA mortgage refinance Bankrate.com
Interest rates are near historic lows, and one particular VA loan refinance option that is easy to qualify for can enable homeowners to save thousands on their ...
If You Ever Want To Retire, Here's The Best Way To Refinance Your Mortgage Forbes
The usual reasons to refinance are to reduce the monthly payment or to raise cash. The third option, which is under-appreciated, is to shorten the period of ...
As rates drop, mortgage refinancing surges but home purchase loans remain tepid USA TODAY
Homeowners scramble to refinance mortgages as rates hit the lowest level in 17 months. But mortgage applications for home purchase rose just 0.5%.
Mortgage Rates Drop Again -- Homeowners Can Save Hundreds Per Month By Refinancing Forbes
Mortgage rates are continuing their downward spiral. According to Freddie Mac, the average rate on a 30-year fixed-rate loan has dropped to just 3.82%—down ...
As mortgage rates plunge, should you refinance? Fox Business
Nearly 6 million people can now cut their mortgage payments with refinancing.
Mortgage rates poised to drop after Federal Reserve announcement The Washington Post
Mortgage rates showed little change heading into the Federal Reserve meeting. But now that the central bank has revised its stance, they could be headed ...
Your money: Buying or refinancing? The mortgage rate frenzy is back Reuters
Mortgage rates are nearing historic lows again in the United States, making it an ideal time to buy a home - or refinance.
Mortgage rates predicted to fall to "the lowest they've ever been" | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
Mortgage rates predicted to fall to "the lowest they've ever been" | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
Mortgage rates fell to 3.84% in mid-June according to Freddie Mac, but could they go lower? A lot lower? Even the lowest they've been in 50 years? Mortgage ...
Refinance rates drop off for Wednesday Bankrate.com
Several closely watched refinance rates fell today. See what that means for your chances of getting a better mortgage rate.
U.S Mortgage Rates – Rates Rise for the 1st Time in 7-Weeks Yahoo Finance
30-year fixed mortgage rates rose for the 1st time in 7-weeks. The latest FOMC projections and rising geopolitical risk could reverse that with interest…
Mortgage rates are falling—here's how to tell if you could save money by refinancing CNBC
As mortgage interest rates drop, homeowners could save hundreds per month by refinancing. However, it's not a smart financial decision for everyone.
Applications for mortgages, refinancing spike amid low interest rates Fox Business
Amid the lowest mortgage rates in almost two years, overall mortgage applications swelled last week by nearly 27 percent according to data released ...
Nearly 6 million people can now cut their mortgage payments with refinancing Bankrate.com
The recent drop in rates means that 5.9 million people can potentially save money by refinancing their existing home loans and securing a lower rate -- two ...
Refinance rates decline for Thursday Bankrate.com
Several key refinance rates sunk lower today. Average rates nationwide for 30-year fixed and 15-year fixed refinances both trended down. The average rate on ...
Weekly mortgage applications fall as rates rise, volume remains much higher than last year CNBC
Mortgage applications were down 3.4% from the previous week, but still up 31.6% from a year earlier, according to the Mortgage Bankers Association.
How low can mortgage rates go? | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
Mortgage rates are low as of this writing, really low, but can they go lower? Lower rates would be great for borrowers and yes, that could happen.
Does refinancing your mortgage make sense as interest rates fall and why these couples say they’ll never move in together - MarketWatch
Does refinancing your mortgage make sense as interest rates fall and why these couples say they’ll never move in together MarketWatch
Happy Thursday, MarketWatchers! Don't miss these top stories: Personal Finance. The filthy mistake you're likely making in the kitchen — and its simple $14 ...
Mortgage rates today, June 21, 2019, plus lock recommendations | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
Mortgage rates today, June 21, 2019, plus lock recommendations | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
Average mortgage rates tumbled yesterday. It's been a while since we saw a fall this big and a long time since we saw rates this low. This happy situation may ...
Refinance rates tick lower for Friday Bankrate.com
Multiple benchmark refinance rates ticked downward today. Average rates nationwide for 30-year fixed and 15-year fixed refinances both trended down.
Latest 2019-2021 Predictions: Home Sales & Prices, Mortgage Rates & Loan Volume Yahoo Finance
Last week, our friends at the MBA released their latest predictions on home sales, home prices, mortgage rates, and mortgage volumes. Rates dropping this year ...
Interest rates are down, so is it time to refinance? WTOP
Interest rates for mortgages are low __ really low. As of the first week of June, long-term mortgage rates were down for the sixth consecutive week. The 30-year ...
Refinance mortgage rate moves higher for Friday Bankrate.com
Refinance rates were mixed, but one key rate were higher. If you haven't locked a refi yet, see how your future mortgage payments could be affected.
When Mortgage Refinancing Makes Sense Seeking Alpha
There are many misconceptions about what happens with refinancing a mortgage and the effect on interest payments. The important factors are rate, time and ...
Mortgage rates lower for Tuesday Bankrate.com
Several benchmark mortgage rates declined today. If you're shopping for a mortgage, see what that means for you.
Nearly 6 Million People Can Now Cut Their Mortgage Payments With Refinancing | RisMedia.com
With interest on the low side, there is a potential to refinance and save.
Mortgage rates decrease for Thursday Bankrate.com
Multiple benchmark mortgage rates trended down today. See how that could affect your home loan payments.
Airbnb adds another mortgage refinancing partner Inman.com
Guild Mortgage has become the latest home loan provider to treat short-term rental revenue from Airbnb as income for homeowners applying to refinance their ...
Mortgage rates fall as the Fed hints at future rate cuts | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
Mortgage rates fall as the Fed hints at future rate cuts | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
The Federal Open Market Committee (FOMC) meeting ended Wednesday with a no-hike decision, but that didn't dissuade markets from believing a July rate cut ...
Refinance rates retreat for Monday Bankrate.com
Several closely watched refinance rates fell today. If you're in the market for a home loan, see how your payments might be affected.
When Should Homeowners Refinance? WCCO | CBS Minnesota
MINNEAPOLIS (WCCO) – Since November 2018, 30-year fixed average mortgage rates have dropped from 4.94% to 3.99%. According to Black Knight's ...
Refinance rates tick lower for Thursday Bankrate.com
Several closely watched refinance rates sunk lower today. If you're in the market for a home loan, see what that means for you.
Mortgage investors' refinance concerns rise with rate rally National Mortgage News
Mortgage prepayment speeds may rise with the strong U.S. rate rally, and that may be cause for alarm for mortgage investors.
The power of mortgage insurance — and which state's buyers use it most | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
The power of mortgage insurance — and which state's buyers use it most | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
Mortgage insurance often gets a bad rap. But according to new data, it actually helped more than 1 million Americans either purchase a home or refinance their ...
Despite rising home prices, experts pop bubble fears Bankrate.com
Homebuyers sitting on the sidelines, waiting for housing prices to backslide, might be waiting longer than expected, according to experts. Although the high price ...
Freddie Mac is now offering renovation loans Washington Post
Freddie Mac is joining the renovation loan space. While the Federal Housing Administration and Fannie Mae have had programs that allow borrowers to wrap ...
Money mistakes you should never make after 30 Bankrate.com
We all make mistakes, but some cost us more than others. As you grow older, money mistakes can have bigger and bigger consequences. Financial miscues ...
Should you get a personal loan instead of a HELOC or cash-out refinance? | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
Should you get a personal loan instead of a HELOC or cash-out refinance? | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
So you want to borrow some money and you're not sure about the right type of loan. Should you get a personal loan, home equity loan, or opt for a cash-out ...
Millennial refinances see jump amidst dropping mortgage rates | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
Millennial refinances see jump amidst dropping mortgage rates | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
It seems Millennial homeowners are taking advantage of lower mortgage rates. According to new data, Millennial refinances have officially hit their highest point ...
Mortgage Applications in US Dip in Mid-June World Property Journal
According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending June 14, 2019, U.S. mortgage applications ...
Mortgage brokers want relationships, not just tech, from wholesalers National Mortgage News
Real value comes from the wholesaler using a hands-on approach to ensure that a mortgage broker's customers are treated to the best experience for the life of ...
Mortgage rates move down for Wednesday Bankrate.com
Multiple closely watched mortgage rates receded today. If you're in the market for a mortgage, see how your payments might be affected.
Low Mortgage Rates and Cash Back Refinance 105.3 The Fan
Segment 1. Low Mortgage Rates Segment 2. Cash Back Refinance Segment 3. Questions and Answers from Listeners Segment 4. The Lightning Round: ...
Mortgage Closing Rate Rises to Highest Level in at Least 16 Months Mortgageorb
Despite falling mortgage rates, the refinance share of total mortgage volume fell to 32% of all loans in May, down from 35% in April and down from 38% in May ...
Treasury Yields May Take Another Step Down Thanks to Mortgages Yahoo Finance
(Bloomberg) -- The mortgage market was supposed to be quiet this year, but suddenly it's moving the biggest bond markets. When Treasury yields started falling ...
U.S. mortgage rates continue three-week hold Dayton Business Journal
U.S. mortgage rates held form this week and remain near their two-year low point, according to Freddie Mac.
KENYA : Kenya Mortgage Refinance Company already attracting international funding - Africa Intelligence
KENYA : Kenya Mortgage Refinance Company already attracting international funding Africa Intelligence
One of the many projects in the in-tray of the treasury secretary Henry Rotich since April 2018, the creation of the Kenya Mortgage Refinance Co (KMRC) was ...
Freddie Mac announces fixer-upper mortgage | 2019-06-19 HousingWire
Freddie Mac is launching a new mortgage product that allows borrowers to buy a fixer-upper and finance the renovation all with one loan. Existing homeowners ...
The Costco Membership Benefits You're Not Taking Advantage Of SheKnows
From travel and car deals to mortgage loans and more, here are the Costco membership benefits you likely never knew were available to you.
New Freddie Mac Mortgage Combines Purchase and Reno Loans National Mortgage Professional Magazine
Freddie Mac has introduced the CHOICERenovation loan, which is designed for homebuyers seeking to purchase a home and finance the cost of renovations ...
Mortgage rates level off after six-week slide The Keene Sentinel
After more than a month of declines, mortgage rates paused their descent ahead of next week's Federal Reserve meeting. According to the latest data released ...
Mortgages for Seniors: Everything You Need to Know U.S News & World Report Money
If you're retired and applying for a home loan, you're more likely to submit information about your pension and your 401(K) than a W-2.
Debt-Saddled Millennials Are Rushing Into Home Ownership—And It's Costing Them Fortune
Debt has come to serve as a defining trait for millennials—about 60% don't have enough savings to handle a $1,000 emergency bill—but a lack of education ...
Benchmark mortgage rate increases for Wednesday Bankrate.com
Mortgage rates moved in different directions today, but one key rate rose. The average for a 30-year fixed-rate mortgage saw an increase, but the average rate ...
Mortgage market update 6-21 Atlanta Agent magazine
... from the previous week, according to the Mortgage Bankers Association, which was perhaps unsurprising considering the earlier report's record-high levels.
The majority of consumers are wildly wrong about what it takes to get a mortgage CNBC
The majority of consumers think it is much harder to qualify for a home loan than it actually is, according to a recent Fannie Mae survey of more than 3000 ...
'Now Is The Time To Refinance': Low Mortgage Rates Cause Surge In Refinancing Forbes
Last week's massive dip in mortgage rates apparently pushed homeowners into action. According to new data from the Mortgage Bankers Association, ...
Freddie Mac Launches New Home Renovation Program Mortgageorb
Freddie Mac has launched a new home renovation loan program that allows home buyers to also finance the cost of renovations with a single-close mortgage.
With mortgage rates at 2-year lows, here’s how to decide whether to refinance your home loan - MarketWatch
With mortgage rates at 2-year lows, here’s how to decide whether to refinance your home loan MarketWatch
More people are pursuing refinances as mortgage rates have dropped.
Freddie Mac: Low Mortgage Rates, Strong Labor Market to Boost Home Sales Mortgageorb
Low mortgage rates along with a strong labor market will help boost home sales and origination volume over the next year and a half, Freddie Mac's most recent ...
Guaranteed Rate Rolls Out VA Renovation Loans Yahoo Finance
CHICAGO, June 24, 2019 /PRNewswire/ -- Guaranteed Rate, one of the largest retail mortgage lenders in the nation, announces a new mortgage product ...
Refinance mortgage rate ticks higher for Monday Bankrate.com
Refinance rates were mixed, but one key rate notched higher. See what that means for you if you're in the market for a home loan.
Mortgage refinance boom goes bust as rates shift higher CNBC
A turnaround in interest rates turned borrowers back on their heels last week, deflating a quick boom in refinance demand.
Refinance mortgage rate advances for Saturday Bankrate.com
Refinance rates were mixed, but one key rate floated higher. If you're shopping for a home loan, see what that means for you.
Serving an Untapped Borrower Community Mortgageorb
BLOG VIEW: In today's tight purchase market, Veterans Affairs (VA) renovation loans can deliver a double, bottom-line benefit to lenders. *Service* members ...
Home equity rises again — except in these two states | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
Home equity rises again — except in these two states | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
House price growth may be slowing down, but American homeowners still have something to celebrate. According to new data, they've gained more than $485 ...
Mortgage refinancing spree becomes a race against the clock Bankrate.com
Some 2.43 million homeowners can reduce their mortgage interest rate by refinancing, according to a recent mortgage report by Black Knight, a mortgage data ...
Attorney Mayo Talks Law - Real Estate Closing Without an Attorney Cape Cod Today
Whether purchasing a property, refinancing, getting a HELOC, or conveying realty in a private transaction, the decision whether or not to be represented by ...
Here Are Best And Worst Reasons To Refinance Your Mortgage Bankrate.com
Whether you've owned your home for a short time or you've had your mortgage a bit longer, a mortgage refinance involves careful consideration. After all, you'll ...
Mortgage rates are low. Here's how to figure out if you should refinance NBC News
Low mortgage rates have many people thinking about buying a new home or refinancing their current mortgage.
Refinance mortgage rates mixed for Monday Bankrate.com
Refinance rates were mixed today. If you haven't locked a refi yet, see how your future mortgage payments could be affected.
Talonvest negotiates bridge loan for New York City self-storage facilities SpareFoot
Talonvest Capital Inc. recently completed the negotiation of a $48.4 million refinance bridge loan. Nothing unusual there; Talonvest is currently negotiating ...
5 Signs It's Time To Refinance Your Mortgage Forbes
You've probably heard that refinancing your mortgage can save you money. While that's true in many cases, refinancing needs be done at the right time in order ...
Refinance mortgage rate dips for Saturday Bankrate.com
Refinance rates were mixed, but one key rate declined. See what that means for you if you're in the market for a home loan.
Lender sentiment turns positive as low rates spur demand Atlanta Agent magazine
The trend toward lower mortgage rates doesn't appear to be a short-lived phenomenon, and has already boosted loan application activity to historically high ...
BFS completes refinance facility for self-build Mortgage Introducer
Bridging Finance Solutions (BFS) has completed a £114,000 loan to help a client finalise a self-built development project in Swansea. The first-time developer ...
How to use a personal loan for debt consolidation | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
How to use a personal loan for debt consolidation | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
Debt consolidation can help millions of Americans who are burdened with high monthly payments on cards and loans. Explore how personal loans can help ...
Refinance mortgage rates mixed for Thursday Bankrate.com
Multiple benchmark refinance rates were flat today. If you're in the market for a mortgage, see how your payments might be affected.
Refinance mortgage rate drops for Friday Bankrate.com
Refinance rates were mixed, but one key rate ticked downward. If you're shopping for a refi, see how your future mortgage payments could be affected.
Refinance mortgage rate slides for Wednesday Bankrate.com
Refinance rates were mixed, but one key rate declined. If you're in the market for a mortgage, see what that means for you.
What to consider before determining whether to refinance your mortgage Washington Post
REAL ESTATE MATTERS | For a home-run refinance, try to find a deal that helps you do these four things: lower your interest rate, shorten your loan term, lower ...
Cash-out mortgage refinancing: Here’s where homeowners are using it most Bankrate.com
Homeowners who snagged a low-interest mortgage in recent years generally avoid refinancing the loan because interest rates are higher now. When they need ...
Refinance mortgage rates mixed for Saturday Bankrate.com
Refinance rates were mixed today. See what that means for you if you're in the market for a mortgage.
Refinance Your Mortgage Quickly: Prequalify in Just 3 Minutes Credible News
Let us do the heavy lifting for you. Compare rates from multiple lenders with no impact to your credit score. Refinance your mortgage with peace of mind.
Refinance mortgage rate drops for Tuesday Bankrate.com
Refinance rates were mixed, but one key rate trended down. If you're shopping for a refi, see how that could affect you.
Refinance mortgage rate slides for Friday Bankrate.com
Refinance rates were mixed, but one key rate sunk lower. See what that means for your chances of scoring a killer refi rate.
Statewide Survey Finds Public Sides With Gov. Evers on Education Issues One Wisconsin Now
Key findings include a majority of voters trust Gov. Evers and Democrats versus Republicans on education issues.
Mortgage refinance checklist: what you need to refinance your home | Mortgage Rates, Mortgage News and Strategy - The Mortgage Reports
Mortgage refinance checklist: what you need to refinance your home | Mortgage Rates, Mortgage News and Strategy The Mortgage Reports
This handy mortgage refinance checklist tells you what you need to do before refinancing. Get your paperwork in order and know your refinance goals to speed ...
Refinance mortgage rate ratchets higher for Tuesday Bankrate.com
Refinance rates were mixed, but one key rate climbed higher. See what that means for you if you're in the market for a home loan.
Did you refinance your home mortgage last year? You can still qualify for often-overlooked deductions - MarketWatch
Did you refinance your home mortgage last year? You can still qualify for often-overlooked deductions MarketWatch
f you refinanced your home mortgage last year, you may be in line for some often-overlooked tax deductions on your yet-to-be-filed 2018 Form 1040.
Mortgage refinance applications hit 18-year low CNBC
Mortgage refinance applications hit an 18-year low. With no major move in interest rates and continued weakness in home affordability, there was not a lot of ...
Refinance mortgage rate eases for Monday Bankrate.com
Refinance rates were mixed, but one key rate slid lower. See what that means for you if you're in the market for a home loan.
Refinance mortgage rate ticks higher for Saturday Bankrate.com
Refinance rates were mixed, but one key rate increased. If you're shopping for a mortgage, see how your payments might be affected.
Refinance mortgage rate moves higher for Wednesday Bankrate.com
Refinance rates were mixed, but one key rate were higher. See what that means for you if you're in the market for a mortgage.
Mortgage application increase led by higher refinance volume National Mortgage News
Mortgage applications increased last week but unlike the prior period, it was driven by refinance volume as interest rates fell to a one-year low, according to the ...
Refinance rates tick lower for Monday Bankrate.com
Several closely watched refinance rates dropped today. If you're shopping for a home loan, see what that means for you.
Refinance mortgage rate moves lower for Wednesday Bankrate.com
Refinance rates were mixed, but one key rate fell. The average for a 30-year fixed-rate refinance trended down, but the average rate on a 15-year fixed refinance ...
Rising mortgage rates again reduce refinance application volume National Mortgage News
Higher interest rates cut refinance mortgage application volume and reduced overall activity even as the purchase index reached a nine-year high, according to ...
Refinance mortgage rates mixed for Tuesday Bankrate.com
Refinance rates were mixed today. If you're in the market for a refi, see how that could affect you.
What is a Commercial Mortgage?
A commercial mortgage is a loan that uses commercial property as collateral. A commercial mortgage is a business loan which is secured against a commercial property.
Refinance After Bankruptcy
Refinancing your mortgage after bankruptcy is actually the same as replacing it with an entirely new mortgage. The most common reason for refinancing your mortgage after bankruptcy is to get a lower interest rate and save money over the length of your mortgage.
Home Mortgage Refinancing - What's in Your Contract?
Are you one of the millions of Americans who will be refinancing their home mortgage loan this year? When you sign your contract and the other papers for your refinance, will you know what your signing?Your Contract: This one is simple, but I would guess very few people do it. READ THE ENTIRE CONTRACT.
Mortgage Debt Elimination
The prospect of mortgage debt elimination is something that many Americans are dealing with today. If you are concerned about your current debt situation, constantly trying to eliminate debt from your life, you are not alone.
Refinance Mortgage Loan - Tips on Refinancing Your Home Mortgage
Refinancing your home mortgage can come with some great perks. If you do it with no money out of pocket, you can skip one to three mortgage payments.
Guide to Interest Only Mortgages
Here is a useful guide to interest only mortgages. An interest only mortgage is one where your regular payments only go to pay off the interest on the money you borrow.
Florida Refinance - Refinancing in Florida
The decision to buy a home in Florida can be one of the best you will ever make. If you own a home in Florida you may be considering refinancing.
Home Loan Applications Made Easy
You have finally found the home of your dreams. You have searched all over and are ready to purchase it.
40-Year Mortgages: An Alternative to Interest-only Loans?
Interest-only loans are quickly becoming a mainstream loan product. Borrowers who were initially turned-off by the perceived risk associated with an "interest-only" loan are now starting to see the benefits: Lower payments, less money tied up in equity, more flexibility, etc.
Home Equity Loans Company - 7 Key Questions to Help You Choose One
Choosing the right home equity loan can be tricky; you have to consider interest rates and repayment schedules, among others. Choosing the right lender, however, does not have to be a difficult task.
Save Money on Your Mortgage
You should say goodbye to PMI. You may not notice it in the crush of your monthly mortgage statement, but many Americans pay for a line item called PMI.
How to Get a Cheap Homeowner Loan
If you're looking for a cheap homeowner loan, you might be wondering what you can do to reduce the amount that you have to pay.The simplest answer lies in two things? shopping around to find the lender that offers the lowest interest rates on a cheap homeowner loan, and maximizing the value of your loan against the equity in your home that's being used as collateral.
Option ARM - The World's Most Dangerous Mortgage
Home prices have reached record levels, and in many parts of the country, homes have become nearly unaffordable. Real estate has replaced the tech stocks of the late 1990's as the hot investment, and everyone has sold their stocks and jumped into investment property.
What Length Mortgage Is Right For You?
You've found the home that is right for you, and now you need to do the same thing for a mortgage. There are several options for people out there, each one designed for a different type of buyer.
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.
Financing a Home With Bad Credit
Financing a home with bad credit is a common problem for people. Over 25% of homes in the US are financed through sub prime lenders, who offer financing to high-risk borrowers.
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.
Home Equity Loan - When Does Refinancing Make Sense?
For the last two years, interest rates have been much lower than anytime during the last thirty years. This has resulted in an unprecedented boom in real estate sales, home refinancing and home equity lending, as borrowers try to take advantage of these rates for the long term.
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.
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.
|home | site map|
|© 2006 TIGER MEDIA|