Refinance Your Home Equity Loan
Refinancing your home equity loan is an excellent way to save money. By refinancing your home equity loan you can lower your interest rate and finance for a longer or shorter term. Some things to consider before refinancing your home equity loan are the possible tax benefits, how long you intend to ... more...

Bankruptcy and Buying a Home - 3 Benefits to Buying a Home After Bankruptcy
If you have filed bankruptcy recently, you may wonder if you can get approved for a home loan. You may also wonder if buying a home after a recent bankruptcy is a good idea for you.While a bankruptcy can make getting approved for a mortgage loan more difficult, it is still possible to get approved ... more...

Bad Credit Home Equity Loans
A home equity loan allows you to borrow against the equity you have built in your house. Even if you have no equity, you may be able to borrow up to 125% of the value of your home. You can use the extra cash to consolidate bills, fund college tuition, or any other reason you see fit. If you have ... more...

Home Loans For People With Very Bad Credit - Improve Your Chances of Getting Approved
If you have bad credit and are looking for a home loan, there are a few things you can do to improve your chances of getting approved and to help you get a reasonable interest rate.Apply Online - The internet has a few companies that will take your application and submit it to hundreds of different ... more...

Buying A Home After Filing Bankruptcy
Buying a house after filing bankruptcy is a real possibility after a year. With two years, your bankruptcy often is disregarded by financing companies, qualifying you for good credit rates. As with any mortgage, compare lenders APR to get the lowest costing home loan.Wait Two Years For Good ... more...

Buying A Home With No Money Down or Bad Credit - PMI Can Make It Easier
Private mortgage insurance is an excellent method for homebuyers who have trouble saving money, are short on money, or have bad credit, to get into a home now. Private mortgage insurance is provided by a third party to protect the lender in the mortgage contract. This allows you to purchase a ... more...

Bad Credit Home Financing - Buy a House Even With Poor Credit
Sub prime lenders come in two groups: reasonable and unreasonable. Reasonable sub prime lenders offer mortgage financing to high risk borrowers with slightly increased rates and fees. Unreasonable sub prime lenders charge several extra points and excessively high fees. Only through comparative ... more...

Mortgages After Bankruptcy: Easier Than You Would Expect
Give yourself time to rebound. Whether you had to turn to bankruptcy because of a divorce, a medical emergency, a job loss, or a problem spending habit, give yourself a little time for the air to clear before house hunting. Mortgage lenders will want to see that you have put some space between you ... more...

What Is A FICO Score
A credit score is most commonly known as a FICO score. FICO stands for Fair Isaacs Corporation. Its a company that developed the credit scoring software used to evaluate your credit worthiness.Most lenders use the FICO score to determine whether they should extend to you a mortgage, car loan, ... more...

UK Personal Debt Problems Creating Hardship for Nations Young Adults
Problem personal debt levels, especially for people under 25, in the UK have risen since last year according to the Consumer Credit Counselling Service (CCCS). In a report released this week they revealed that the average client aged under 25 coming for counselling in 2005 owes 15,000. The report ... more...

Do You REALLY Need a Home Equity Loan?
Your equity is the amount your home is worth, on the market, minus the amount you owe to your mortgage broker. For example, if your property is worth $200,000 and the balance you owe your mortgage broker is $100,000, then your home equity - the part of your property that you own free and clear - is ... more...

Good Credit -- Essential for the Prospective Home Buyer
Credit is a funny thing. It can be a useful tool in the hands of an informed individual, or a weight of burden to the unsuspecting. One thing is for certain, you must have a decent credit score to attain a quality mortgage loan.We speak to hundreds of individuals each month that are in the market ... more...