Home Loans and Mortgages Time to Consolidate Loans?
Home equity loans and lines of credit are useful tools for homeowners. They allow the homeowner to borrow against the value of his or her home for all kinds of purposes home improvement, debt consolidation, vacations, and more. The loans, backed by the value of the house itself, come with ... more...

Home or Investment Property Equity: Be Sure the Bank Gives You All that You Deserve
Home equity is your own personal money machine. If you want financial freedom, a home equity loan is probably the best way to achieve it. You can pay down credit cards, pay off cars, both at high interest rates, or you can actually use your home equity to invest and build the money into a fortune ... more...

Five Smart Ways to Eliminate Signing and Funding Delays
Engineering a successful loan closing and funding may be the final opportunity to solidify a long-term relationship with a client. Clients are often forgiving to mishaps if the orignal financing goal has still been met. However, if closing blunders and funding delays arise you are most certain to ... 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...

Rate Locks And How They Work
Remember, rates change all the time, and it can be one or two months between the time you apply for a loan and when your sale closes... and rates can have jumped in that time.A lock commits the lender to lend at a specified interest rate and points, provided the loan is closed within the specified ... more...

Locating a Down Payment
If you are a saver, and many of you are, than the need to locate a down payment will not be an issue for you.But there are also many of us out there that have not had the luxury to save as much as we would have liked for various reasons. With this challenge at hand, we will need to track down a ... more...

Is Consolidating Loans Right For You?
Consolidating loans makes sense but only if you can pay a lower interest rate than what you're paying now. This is especially true if you are consolidating mortgage loans. Be aware of your total overall costs to avoid getting deeper in debt than when you started.Have you ever asked yourself why ... more...

Who Else is Ready to have Their Money Work Harder for Them?
What does it mean to refinance? Why would anyone want to consider it? There are numerous situations when someone would refinance. When we use the word refinance, we are basically referring to a loan: for example a car or house loan. It may also be a business loan. In this article, we are going to ... more...

Home Loan Refinancing When Do You Have To Close?
Refinanced mortgages have a couple of different rules when it comes to closing. For one, there is a mandatory rescission clause for primary residence mortgages that allows you annul your loan. You can also choose to close at anytime, which is beneficial if you think rates will drop in the near ... more...

Home Loans & Refinances: 7 Little Known Loan Secrets that Can Save You Thousands
When shopping for a home loan, getting a competent loan officer (and an ethical one) is far more important than saving a fraction of a percentage point on your interest rate. Going with the "lowest bidder" may save you five or ten bucks on your home loan, but choosing who to work with just because ... more...

Closing Costs When Buying A Home
Closing costs are often the last thing a person thinks of when buying a home. While closing is the joyous moment the home becomes yours, the costs can be surprisingly aggravating.When you purchase a home, condo or other property, you will go through a period known as escrow. During escrow, various ... more...

Getting 100% Financing With Bad Credit - Is No Down Payment a Good Idea?
Getting 100% financing with bad credit can get you into a home with little out-of-pocket expense. However, higher rates will make the loan more expensive than financing with a down payment. There are some cases when zero down can be a benefit, especially if you plan to move or refinance soon.The ... more...

Refinancing Online - Tips For Getting a Low Interest Rate When Applying Online
Refinancing online is a great opportunity to find low interest rates. Online mortgage lenders provide information about rates and fees for easy comparisons. However, to find the lowest interest rates, you will need to do more than just surf sites. The following tips will give you the edge in your ... more...

VA Home Loan Information - Buying A House With A VA Loan
Buying a home with a VA guaranteed loan grants veterans and service persons better terms than that of a conventional mortgage loan. VA loans are handled through private mortgage lenders, so there is limited bureaucratic red tape.Understanding VA LoansVA mortgage loans are guaranteed by the ... more...