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Avoiding Mortgage Predators
August 20, 2001 ?I read a lot about predatory lending.  How do I avoid becoming a victim??    To educate myself on what makes a victim, I recently studied 51 case histories of households ... more...

How Do You Avoid Mortgage Predators?
August 20, 2001 ?I read a lot about predatory lending.  How do I avoid becoming a victim??    To educate myself on what makes a victim, I recently studied 51 case histories of households ... more...

home equity loan interest mortgage borrower refinancing related definitions

Second Mortgage, Home Equity Loan
Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more...

Section 8 Housing
Section 8 Housing The Section 8 program began during the Great Depression to increase the housing choices available to very low-income households by making privately-owned rental housing affordable to them. It provides rent subsidies, either rental certificates or vouchers, on ... more...

More about home equity loan interest mortgage borrower refinancing

Do You Need a Mortgage Refinance Loan?
Is your home loan interest rate higher than the national average? Is your home in need of some much-needed repairs or are you in need of some extra money to pay off credit cards or other bills? A mortgage refinance loan may be exactly what you need to take care of these needs and any others that ... more...

Get a Better Mortgage Refinance Deal than Your Local Bank Offers
Gone are the days when money could be fetched either by mere mortgaging or financing something. Now it is time to get money via an amalgam of the two; i.e. Mortgage Refinance. Mortgage refinance is a smart idea to have a good credit sum and repay it in an easy fashion. In simple terms a refinanced ... more...

Adverse Credit Mortgage Loan - Persistence is the Key to Getting Approved
People with bad credit that are looking to get a home mortgage loan or to refinance their existing home mortgage loan, know how difficult of a job it can be to try and get approved. Adverse credit history can mean a little more legwork to get an approval for a mortgage loan, and especially to get ... more...

Reverse Mortgage Be Sure You Need It Before Applying For One
Reverse mortgages used to be considered the last resort of desperate retirees who needed to borrow against their home equity in order to pay for medical expenses. With home prices across the country rising at astonishing rates, more and more retirees, aged 62 and over, are taking out reverse ... more...

Using a Correspondent Lender for Your Mortgage
Everyone knows that a home is probably the most significant, and certainly the most expensive, single investment most people will make in their lifetimes. Choosing a mortgage to finance that investment, therefore, is vital to the long term success of that investment. The right mortgage can enhance ... more...

Mortgage Refinancing 101
Managing your finances is as important as earning them. Rather at times it is more significant to administer your resources than actually find ways to earn. Since imprudent investments might result into drainage of hard earned monetary resources. Diligent management of income enables one to enjoy ... more...

Home Equity Loan A Reverse Mortgage Could Provide a Comfortable Retirement!
While only comprising about 1% of all mortgages, the reverse mortgage has gained in popularity in recent years. Federally insured since the late 1980s, the reverse mortgage allows owners of paid-off homes to borrow against the equity in their homes in the form of a lump sum, a line of credit, or ... more...

For Mortgage-Refinance Help, Get the Best Mortgage Professional, Not a Bank Loan Officer
When you need a mortgage -- either because you are buying, refinancing, taking out equity or getting into investment real estate, you need a good mortgage professional. Now, you may be tempted to go to your local savings and loan, as they may promise lower fees or zero costs. Meanwhile, in ... more...

Buying a Home? Don't Get Saddled with Two Mortgage Payments
I have a lot of friends and family who are currently buying houses. Many of them have had a problem with timing. In other words, they buy a house and sign a contract that says that they have to pay the seller in 30 days. (Incidentally, it's never wise to go less than 45 days.) Now, it takes two ... more...

Mortgage Information - Refinancing? Second Mortgage? Home Equity Loan? Understand The Basics
A mortgage is usually the biggest purchase that an individual makes, and because of that, many people tend to get nervous during the process. But wouldnt it make things easier if you felt that you had a handle on the processor at least the terminology? After all, in order to get the best deal on ... more...

Mortgage Reduction Solutions
USA ECONOMIC CONDITIONSTodays sluggish economy has left millions of people struggling to financially make ends meet. Lou Dobbs coined phrase Assault on the Middle Class continues. Virtually every corner you turn screams inflation and rising expenses. The sky-high cost of fuel and other ... more...

Refinancing Your Home Mortgage Loan
Youre considering refinancing your home mortgage loan to save money. Interest rates are the lowest they have been in decades. But, youre asking yourself, Is refinancing worth my time and effort. Can I really save thousands of dollars on my home mortgage loan? The answer is yes. There has never ... more...


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