• New Mortgage Rules

    After the housing bubble burst, mortgage servicers have found themselves drowning in their attempt to process the influx of delinquent loans.

  • The Basics of a HELOC

    Is your daughter set on attending that expensive college out of state, or is your wife adamant that her outdated kitchen needs an expensive revamp?

  • What’s a Home Equity Loan?

    With all of the different options available, it can be hard to determine which type of loan is the best option for your particular situation. Home equity loans, sometimes referred to as “second mortgages”, can be a great choice depending on your current needs.

  • Fixed-Mortgage Rates

    Finding a mortgage that suits your personal situation is like finding the perfect piece of chocolate- just as there are a wide array of different types of chocolate-from dark caramel truffles to extra creamy milk chocolate toffee bars-so too are there a vast amount of options when it comes to fin

  • Wells Fargo Mortgage Lender

    A great company if you are looking for a mortgage lender is Wells Fargo Bank. The Wells Fargo portfolio amasses $77 billion, and as a company they are the largest private mortgage lender in the U.S.

  • Quicken Loans

    If you are looking to buy or refinance a home mortgage, Quicken Loans is a great company that can help you through the process. Quicken knows how important it is for you to have the peace of mind that you are working with a stable, reliable company – especially in the current market.

  • Top Ten Mortgage Lenders

    Looking for a mortgage in today’s market can be time consuming and confusing. The current market has led to some banks running into trouble with insolvency.

  • 4 Ways to Get a Better Mortgage Deal

    What is a mortgage and how can I get a better mortgage deal? A mortgage is a debt instrument that is secured by real estate property as its collateral and in which the borrower must pay back in scheduled payments.  Businesses and individuals use mortgages for purchasing real estate without paying its full value in advance.

  • What Is A Fixed Interest Mortgage?

    A fixed interest mortgage is a loan that comes with a set interest rate. There is no change in the repayment amount,  and the predictability of it makes it a worthy loan type to choose.

  • What is an Adjustable Rate Mortgage?

    An adjustable rate mortgage (ARM) is a common type of mortgage loan utilized both in the United States and other countries around the world.  With this loan, the interest rate charge is directly tied to an index, most commonly the one year treasury securities for US-based borrowers.  What this means is that the rates are subject to going up or down based on how this index performs.  

  • Types of Mortgage Loans for Homebuyers

    There are many types of mortgages and loans available to buyers and homeowners.  It is a good idea to know what types of mortgages are available and what the advantages and disadvantages are for each of them. Below is a list of pros and cons for these mortgages:

  • About an Interest Only Loan

    An interest only loan is a type of loan in which the borrower only pays the interest generated from the principal during a set period of time. In the United States, this time period is typically five or ten years.  Once this term has expired, the loan will typically convert to an amortized mortgage, where payments are applied to both the principal amount and for finance charges.

  • Mortgage Loan Modification

    Mortgage loans are usually taken out to purchase a home, but sometimes it happens that the borrower comes across financial instability and they are not able to pay the installments in a timely manner. This results in foreclosure which can also spoil their reputation in the market. So a better option to overcome this problem is to go for mortgage loan modification. 

  • What is a Veteran Affairs Loan?

    A Veteran Affairs Loan is one meant for the long-term financing of qualifying American veterans. The US Department of Veterans Affairs (VA) guarantees this mortgage loan. The loan is usually issued by other lenders working privately. The VA has also been designed for the surviving spouses of veterans just provided they do not make the decision to remarry. The loan aims at providing home financing to veterans in those places where private financing plans may not be available. 

  • Top Mortgage Mistakes

    After the economic collapse, mortgages are significantly harder to get, and there are a few top mortgage mistakes people can easily make if they are not paying enough attention to details and if they do not conduct a thorough research to find out what their best options are. 

  • Mortgage Loans for Homebuyers

    Many people see their home as more than just an investment, they see it as a place where they may or already do raise a family. Typically, people need to put a mortgage on their home when they buy it. This means that a lender has a binding agreement with the homebuyer that they will re-pay what they owe on the house. So, how does one get a mortgage on their home? What are the different types of mortgage loans for homebuyers? 

  • Investing Through Refinancing

    When it comes to investments, do you really know the best places to consider? Did you know that it is possible to do investing through refinancing? Most people think refinancing is bad, but it has the possibility to be a great investment.

  • What is a Mortgage Lender?

    A mortgage is a different kind of loan which is usually taken to buy a new house or get the current one renovated as per your requirements. As the cost of homes is going up day by day, it is becoming really difficult for the homeowners to buy their dream home. This is the reason that they have to take up a mortgage loan so that they are able to buy a home for their family. 

  • Factors That Influence Refinance Rate

    Refinancing your mortgage may significantly reduce your monthly payments. There are several factors that may influence how much you will be able to save including bank rates, credit score and the break-even point.  In general, the lower your current mortgage rate, the better.

  • Home Equity Financing

    Home equity financing is one way to pay for your home. When you go to a bank to receive a loan for your home payment, this may be something that catches your eye. It is a popular option that gives you a lump sum that you will have to pay back over a set period of time. 

  • Factors that Influence Refinancing Rate

    When it comes to mortgages, refinancing is a common practice. What many don't realize is that there are a number of factors that, though seeminly small, can drastically change the outcome of your refinancing. This article highlights some of the more important factors that influence refinancing rate.

  • Home Equity Refinancing

     If you are looking to refinance, you should look at all of your options, one way that can help you get those funds is by looking into a home equity refinance. Sometimes you may need to do some renovations on your home or are looking for a way to pay off some of your debt, and these are expenses that usually come with little warning or preparation time.

  • Ways to Mess up a Mortgage Refinance

    When opting to make changes to their mortgage, many people don't know the common ways to mess up a mortgage refinance, and as a result end up being caught up in some of the all-too common pitfalls associated with this. In this article we highlight some of the most common mistakes and tell you what to avoid if you are looking to refinance. 

  • First Time Home Buyer How Can I Get a Loan

    Buying a home is undoubtedly the most crucial investment and important purchase of your entire life. You might have a feeling that you may mess up and end up using the money in the wrong place. This kind of big spending requires a proper plan of action. Before buying a home for the very first time you must have a sound knowledge and working plan to follow so that you can land in a successful deal. Here are some notable tips you must consider before buying a home.

  • What Is A Reverse Mortgage

    A reverse mortgage is a type of financial instrument only available to homeowners who are at least sixty two years old.  Essentially, it is a loan which allows for these homeowners to convert a portion of their home's equity into cash which can then be used to meet their living costs.

  • What To Know About When Mortgage Shopping

    It is a known fact that moving from one house to the next is not the easiest thing ever. Apart from having to adjust to the new surroundings, there are new neighbors as well as rules to abide by if you have moved to a new state. The hardest part in all of it is actually finding the right house that actually meets all your needs and that of the family. That is why smart people will look for mortgages to be able to stay free from having to shift every now and then after a scuffle with the landlord or landlady. Getting the right mortgage too is not easy, that is why you have to be wise while shopping for one.

  • Why You Need a Loan Calculator

    A lot of people these days seek loan to fulfil their dream of buying anew home or a car. Loan provides them with an easy way to get the required finances if they cant afford to make the purchase all by themselves. However, it is a big decision on their part since the loan they take plays a big role in their lives until they pay it off completely.

  • What Type of Home Mortgage Loan Should I Get

    If the American dream is owning a home, then an American nightmare might as well be having to figure out the mortgage.  Without it however, home ownership would not be possible.  The best thing you can do, especially if you are looking into home mortgages right now, is to understand as best you can the various kinds of home mortgages that are available.  

PROGRESS
Ok to Estimate
(If Applicable)

Featured Articles

What Type of Home Mortgage Loan Should I Get?

What Type of Home Mortgage Loan Should I Get

If the American dream is owning a home, then an American nightmare might as well be having to figure out the mortgage.  Without it however, home ownership would not be possible.  The best thing you can do, especially if you are looking into home mortgages right now, is to understand as best you can the various kinds of home mortgages that are available.  

Why You Need a Loan Calculator

Why You Need a Loan Calculator

A lot of people these days seek loan to fulfil their dream of buying anew home or a car. Loan provides them with an easy way to get the required finances if they cant afford to make the purchase all by themselves. However, it is a big decision on their part since the loan they take plays a big role in their lives until they pay it off completely.

What To Know About When Mortgage Shopping

What To Know About When Mortgage Shopping

It is a known fact that moving from one house to the next is not the easiest thing ever. Apart from having to adjust to the new surroundings, there are new neighbors as well as rules to abide by if you have moved to a new state. The hardest part in all of it is actually finding the right house that actually meets all your needs and that of the family. That is why smart people will look for mortgages to be able to stay free from having to shift every now and then after a scuffle with the landlord or landlady. Getting the right mortgage too is not easy, that is why you have to be wise while shopping for one.

What Is A Reverse Mortgage?

What Is A Reverse Mortgage

A reverse mortgage is a type of financial instrument only available to homeowners who are at least sixty two years old.  Essentially, it is a loan which allows for these homeowners to convert a portion of their home's equity into cash which can then be used to meet their living costs.

First Time Home Buyer: How Can I Get a Loan?

First Time Home Buyer How Can I Get a Loan

Buying a home is undoubtedly the most crucial investment and important purchase of your entire life. You might have a feeling that you may mess up and end up using the money in the wrong place. This kind of big spending requires a proper plan of action. Before buying a home for the very first time you must have a sound knowledge and working plan to follow so that you can land in a successful deal. Here are some notable tips you must consider before buying a home.

Ways to Mess up a Mortgage Refinance

Ways to Mess up a Mortgage Refinance

When opting to make changes to their mortgage, many people don't know the common ways to mess up a mortgage refinance, and as a result end up being caught up in some of the all-too common pitfalls associated with this. In this article we highlight some of the most common mistakes and tell you what to avoid if you are looking to refinance. 

Home Equity Refinancing

Home Equity Refinancing

 If you are looking to refinance, you should look at all of your options, one way that can help you get those funds is by looking into a home equity refinance. Sometimes you may need to do some renovations on your home or are looking for a way to pay off some of your debt, and these are expenses that usually come with little warning or preparation time.

Basics of Home Equity Financing

Home Equity Financing

Home equity financing is one way to pay for your home. When you go to a bank to receive a loan for your home payment, this may be something that catches your eye. It is a popular option that gives you a lump sum that you will have to pay back over a set period of time. 

Recent Articles