What You Need to Know About Mortgages
Business stuff can be downright confusing especially when confronted with rates, numbers and the banking jargon that seem alien language to you. Still, you do not really have much choice as loans, interest rates and mortgages are words that you can either understand and study or risk losing the ... more...

How Homeowner Can Save Their Home From Foreclosure
Drive around and see how many signs you see that says House for Sale. How many lease purchases do you see? How many abandon houses are on your street? Our country is up against the wall with delinquence mortgages. FHA mortgage lenders are filing claims in the millions from HUD. How do I know? ... more...

VA Loans, A Gift from Uncle Sam
Uncle Sam has a gift for the men and women who serve our country. It is the VA loan. The VA loan, short for Department of Veterans Affairs home loans, is available to veterans, active service members, reservists, and members of the Public Health Service. These loans are so popular, that in the past ... more...

Kings Bay Georgia Real Estate - Be Picky When You Choose your Realtor!
I have been a mortgage lender for many years and have seen a few transactions go sour. When problems arise after a contract is signed, it can be stressful for everyone involved. Here are some things that you will want to know before you choose your real estate agent.The Kings Bay Georgia real ... more...

Understanding How to Get Easy Home Loans for the Self Employed
There are three specific criteria that make any loan work. They are:1. Collateral - What you have of value (assets) to place at risk if you should default on the loan.2. Capacity - Your ability to pay back the loan over time. This includes income reporting such as IRS Form W-2 or 1099. Capacity ... more...

Buying a Home After Bankruptcy How Long Should You Wait to Buy?
Many consumers with poor credit do not even consider buying a home after bankruptcy. While a bankruptcy does remain on your credit report for up to ten years, this does not mean you cannot seek credit during the entire ten-year time frame.Some people are able to purchase a home within one to three ... more...

Home Mortgages: Think Before You Borrow
In today's overheated housing market, lenders are making it easier and easier to get a mortgage. For example, some lenders have lowered the credit score needed to qualify for a mortgage. Others have increased the debt load that borrowers can carry or have made it easier for borrowers to get loans ... more...

FHA Home Loan Information - Buying A Home With Help From The Government
The federal government wants to help you buy a home. They see it as a way to improve the economy, provide a stable tax base, and help grow communities. To encourage homeownership, the federal government backs loans for those who might have trouble qualifying for a conventional loan.Loans For Low To ... more...

Buy A Home After A Disaster With Government Help
Buying a home after a disaster seems like an overwhelming task, but the government provides some help through a FHA program, 203(h). By providing mortgage insurance to disaster victims, borrowers can finance the purchase of a home or rebuilding costs.203(h) DetailsAfter an area has been declared a ... more...

Kings Bay Saint Marys & Kingsland Georgia - Affordable Home Mortgages
Buying a home is usually the largest purchase any of us will make in a life time. When choosing a home, you want to find one that suits your families needs best. Take the same steps when choosing a mortgage company!When you are looking for a mortgage company, do your homework! Interview the loan ... more...

Refinancing Costs - What to Expect
Refinancing your current mortgage is a wise financial decision if you can recoup the costs of a refi. An average refinancing deal, you can expect to pay between two and six percent of the loan amount if fees and points. On average if you can lower your interest rate by two points, then you will ... more...

Home Loans and Mortgages Tips to Avoid Foreclosure
Todays real estate market is a volatile one; prices are at record levels and Interest rates are favorable, but foreclosures are increasing. Wages havent kept up with home prices and some buyers who had to stretch to find a way to obtain a mortgage in the first place are having trouble making their ... more...

Kings Bay Saint Marys & Kingsland Georgia Real Estate - Getting a Home Loan with Damaged Credit
So, you have made the decision that you would like to become a homeowner. As lenders, we have to perform a credit check. The credit we review are provided by all three reporting agencies. Equifax, Experian and Transunion are the three agencies lenders use. The middle of all three beacon scores is ... more...

Avoid The Traps Of Finance
Most consumers are told where to get their mortgage because few people personally know and trust a mortgage or loan officer or correspondent (the same thing). It used to be agents would take their buyers out to find the house they wanted, then to their favorite mortgage company. Now things are so ... more...