5 Tips for Savvy Use of Your Home Equity Line of Credit
Tapping your home's equity to pay college expenses, consolidate credit card debt or even to buy a new car or boat is common place. Many economists attribute the additional buying power afforded consumers through home equity debt as a primary reason the nation's economy has been able to emerge from ... more...

How to Find the Lowest Rate Possible!
The quest is on! Youre in the market for a new home loan, a refinance, or a consolidation and you absolutely insist on finding the lowest rate possible! So what better place to do your research, then here on the internet, late at night, with your coffee in hand, and your family fast to sleep!Wed ... more...

Residential Mortgages a Step Ahead on the Property Ladder
Doesnt Residential mortgage give the impression that they are a different breed of mortgages? They are often thought at the first instance to be a complex term, which they arent. They are actually the regular mortgages that we hear of so often.Mortgages can be taken by all people whether for living ... more...

Loan Officer Marketing Why Realtors Dont Read Your Brochures
When you place brochures from every mortgage company side by side, you cant help but notice the similarities. Each piece mentions that they have every possible loan program available, proven & experienced professionals, fast & friendly service, a list of documents needed to process the loan, a ... more...

Affording a Home
Can you really afford a house? If so, how much house can you afford? To determine this answer will take serious financial planning, and the best time to start is at least six months before buying the home.Although buying a new home may seem like an American Dream or romantic venture, the reality is ... more...

Is an ARM Right For You?
Lets start by taking a look at 7 key elements of an adjustable rate mortgage:1) ARM defined: While a fixed rate loan is constant and never changes throughout the life of the loan, an adjustable rate mortgage changes periodically. The interest rate of an ARM goes up and down based on whatever ... more...

Mortgages: Encouraging Stronger Personal Economic Growth
Monetary policy of every individual works though different channels. Financial conditions are fluctuating always making way for loopholes in your particular economy. Being a homeowner equips you with the ability to take on mortgages for sustained economic expansion. You have already completed the ... more...

Use Bad Credit Home Loan To Get Funds Despite Poor Credit Ratings
Blemishes appear in the credit report when a borrower misses a credit card payment; defaults on loan installments or doesnt pay his bills on time. A sharp eye is kept on these events by the credit rating agencies and they label such a borrower as a bad credit case. This serves as a warning to ... more...

Home Improvement: To Build Your Very Own Comfort Zone
Home is your sanctuary. The place you go back to every night and somehow it doesnt seem right. Your home is an expression of who you are and if you walk out each of a place that you does not seem to belong to you then probably your home needs improvement. You are probably guessing how you are going ... more...

WARNING: Many Home Owners May Be Living Above Their Means!
San Ramon, CA -- Federal Reserve Board Chairman, Alan Greenspan, commented best when he stated "Homeowners might have saved tens of thousands of dollars had they held Adjustable-Rate mortgages rather than Fixed rate mortgages during the past decade". If you own a 30year fixed mortgage, the first ... more...

How To Buy a House After Bankruptcy
You can buy a house after bankruptcy before it drops off your credit record in seven to ten years. Rates can be reasonably low in only two years by rebuilding your credit score. Also, taking time to search for just the right loan can save you thousands on interest payments and fees. These four ... more...

Are Option Pay ARM's Risky?
The general consensus about the riskiness of Option Pay mortgage loans is that they are high risk; high risk to both the borrower and the lender. To add even more risk to the loans, consumers and loan officers not only have to understand initial and lifetime caps, various indicies and margins, but ... more...

How To Buy a Home With Bad Credit
Buying a home with bad credit is just a matter of following the basic guidelines for making any major purchase. Knowing your budget ensures you dont get in over your head. And some quick comparison shopping guarantees you find great rates. The following steps will help you to secure financing at ... more...

5 Simple Steps for Serious Saving and Financial Growth
1) Pay off your loan, credit and store card debt and resist the temptation to keep on spending money you dont yet have.Credit cards and store cards attract the highest rates of interest and are the most inefficient way to work your finances. The average annual percentage rate (APR) for credit ... more...