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How to Shop For a Mortgage
September 24, 2003, Revised November 12, 2004 Shopping for a mortgage effectively isn?t easy. Reforms proposed by HUD, which were pending at the time this article was first drafted, and which promised to make the process much easier, were never enacted.   ... more...

HUD's Proposals For Reform
October 19, 2002 On July 29, 2002, HUD released a set of proposals to substantially change the ways in which home loans are originated in the US.  As usual, the proposals were open for comment, and many thousands of them were received.  Mine was among them, and is shown ... more...

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Adjustable Rate Mortgage, ARM
Adjustable Rate Mortgage (ARM) Also known as a variable rate mortgage. The interest rate on these mortgages changes periodically. Variable or adjustable loans are loans whose interest rate fluctuates over the period of the ... more...

Back End Pionts vs Front End Points
Back End Points vs. Front End Points A point is a type of mortgage slang for a percentage point. The technical term for point is loan origination fee. In laymen terms, a point is a fee you pay to a lender or broker ... more...

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Quality Internet Mortgage Leads
If you are a loan officer or mortgage broker on the market for internet mortgage leads. Sometimes it may be better to go after quality leads, as opposed to buying your leads in quantity.If you are looking for internet mortgage leads in quantity, or bulk, you will get a heck of a lot of leads for ... more...

Mortgage Leads, Where to Begin
If you are considering investing your hard earned money with a mortgage lead company, or you are switching lead companies because you have gone through the pain of seeing your money go down the drain, here is a good place to begin.Before you take that leap of faith with a lead company, take a step ... more...

Four Quick Tips on How to Lower Your Mortgage Interest Rate
Lowering your mortgage interest rateAre you buying a new home? I don't care if it's a condo or a house, you will end up spending a lot of money. For most people it's going to be the single largest business deal of their life. To keep expenses in check it is extremely important to try and secure ... more...

Seniors Can Use a Reverse Mortgage to Fund Annuities, Investments, and Insurance Policies
For many seniors in or entering retirement, the prospect of purchasing long-term care, investments or annuities can be cut short by a lack of retirement income. Statistics show that 3 out 4 seniors will have to lower their current standard of living during retirement. Social Security, IRA's, 401k's ... more...

Choosing The Right Buy-To-Let Mortgage
Buy-to-let took off during the 1990s with the increasing availability of specialist mortgages tailored towards the sector.For most people investing in buy-to-let schemes, mortgages are a vital component for funding the investment. We consider some important issues to help you choose your mortgage ... more...

How to Get the Best Mortgage
This is a guide on how to get the best mortgage deal. Do not rush into the first offer that is made to you even if you are in a hurry for a mortgage. Take your time, check out what is on offer from local banks, building societies and mortgage brokers. The more time you spend doing this will equate ... more...

Refinance Mortgage Loan Tips on Refinancing Your Home Mortgage
Refinancing your home mortgage can come with some great perks. If you do it with no money out of pocket, you can skip one to three mortgage payments. You can save money on your payment or pay off your entire mortgage faster when you have better terms. Here are a few things to pay attention to ... more...

Home Loans -- The Hot New Product? The 30-year, Fixed-rate Mortgage
In recent years, the mortgage industry has introduced dozens of new types of loans. The needs of every borrower are different, so the mortgage companies have tried to come up with an answer for every problem. Theyve introduced 40-year mortgages, promoted 15-year mortgages, and introduced the ... more...

Securing a US Commercial Mortgage
Whats the most efficient way to secure a US Commercial Mortgage? Work with a mortgage broker who specializes in this area. If youve ever applied for a loan, youre familiar with the mountain of paperwork you are required to complete during the process. The lender takes the applicants information, ... more...

Mortgage Advice
In the US today more households have mortgages than ever before. In fact the chance of you having or knowing someone who is paying off their mortgage is greater than 50%. You would think that because they are so common most people would have a good idea on how they work. Surprisingly that is not ... more...

Mortgage Cycling Brilliant or Risky
With mortgage rates near 20-year lows, competition in the mortgage industry is fierce. It seems like every day a new mortgage loan strategy comes out that is suppose to be the best thing since sliced bread. Whether it's a mortgage with no closing costs or an interest only mortgage, everyone is ... more...

How To Get a Mortgage If You're Self-Employed
If you are self-employed, work on a contract basis, or have an income that is irregular or comes from multiple sources, it will generally be harder for you to get a mortgage than it is for someone who is an employee and can easily prove their income.A self-employed person is someone who runs their ... more...

Keep Your Eye Focused On Treasury Bond Rates To Adjust Your Current Mortgage Rates
Mortgage rates typically are based off the current rates of treasury bonds. Most lenders set their long term mortgage rates in line with 10 and 30-year treasury rates. The reason that they do this is quite simple. Treasury rates are the rates that are used as an index to represent what the future ... more...

How do I know what is the best Second Mortgage Home Loan for me?
The information in your credit history helps mortgage lenders decide how much credit and what interest rate you are eligible for, and then match it to a bad credit home loan. The better your credit history, the more likely you are to qualify for the best credit deals. The first step is to ... more...

Refinance Your Home Mortgage Online
The largest financial obligation most people ever take on couldnt escape the reach of the Internet. Home mortgage loans originated online comprise an integral part of one of the largest and most profitable aspects of the banking industry. Unlike many shifts in big business recently, this change ... more...


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