Some years ago when this mortgage crisis we’re in first began, there were some so called mortgage professionals who devised schemes to make money off those who were already hurting due to high interest rates and loans they could no longer afford to pay. Some were called foreclosure rescue companies and promised that for a
Continue reading: Don’t Be Scammed by Unscrupulous Mortgage Pros
While it is possible to obtain a home loan with a low mortgage credit score, you’ll end up paying much more than someone else with a better score for the same house. Raising your credit score and getting negative history as far behind you as possible will help you to secure the best rates possible.
Continue reading: What’s Your Mortgage Credit Score? Avoid Extra Fees by Increasing Your Rating
All those daunted by their poor credit due to County Court Judgement, defaults on payment, mortgage arrears, Individual Voluntary Arrangement or any other reason can now have a breather with bad credit mortgage loans. A homeowner can now raise loans regardless of his less than perfect credit scores, if he pledges his collateral against the
Continue reading: How Does Bad Credit Mortgage Loan Help?
If you are seeking for mortgage deals, the two terms you probably hear the most are interest rate and annual percentage rate. These two rates are stated in annual percentage, yet the two reflect different aspect of the mortgage deal. You need to understand these two terms before you can make the best decision. Interest
Continue reading: Comparing Interest Rate and Annual Percentage Rate
FHA Home Loan Guidelines will be changing in the near future. They are a few changes that may cost you more to get a FHA Loan and may prevent you from qualifying for a mortgage. Change To The Amount of Mortgage Insurance Premium Cost. One of the biggest announced changes to the FHA Policy is
Continue reading: FHA Home Loan Guidelines – 3 Major Changes Coming!
Our financial need varies with time. Thus, buying a new car or investing funds in a new house may have seemed unrealistic few years ago but it may be a wise decision toady. However, taking other types of loan at current existing rate will add to your debt burden. To avoid such a situation, home
Continue reading: Home Equity Loan: A Financial Tool for All Your Needs
There honestly has never been a more suitable time then now to refinance your present home mortgage loan… That’s because of an unheard-of government program that’s making it possible for many American homeowners lower their monthly payments to Save on an average of $4,130 per year with today’s record low rates. This particular Plan is
Continue reading: Why Don’t Banks Want You to Know About The “Home Affordable Refinance Program” (HARP)?