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Mortgage Auction (or Lead Generation) Sites
May 20, 2002 I Do Auction Sites Work For Borrowers? "You have discussed internet referral sites and individual lender sites, but I don?t see any reference to Lending Tree, which does a lot of advertising. Where does it fit?" Lending Tree is what I call ... more...

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...

loan scenario mortgage best deal rates property home 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...

Home Equity Loan
Home Equity Loan A home equity loan is borrowing against the equity you have acquired in your home. Lets suppose your original mortgage was $175,000.00, but your house is worth $225,000.00. The difference is $50,000.00. ... more...

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How to Find the Best Mortgage
The purchase of a new home is one of the most important decisions you will ever make, and finding the best type of financing for you is crucial. Mortgage financing is a very competitive industry and lenders are currently offering extremely low interest rates and a variety of flexible loan programs ... more...

Mortgage Marketing - What Your Client Wants
Your business depends on the success of your marketing efforts. If your marketing works, youll get rich. If it doesnt youll go broke. Its simple.The key to pursuading your customers is knowing them. You have to understand them inside and out. While I dont pretend to know your market as ... more...

Reverse Mortgage Offers Fresh Approach To Income From Real Estate
If you owe 40 percent or less of your original mortgage, there is a great program that is available to you that will generate extra monthly income. Its called a reverse mortgage. The reverse mortgage is similar to a home equity loan, only in the fact that it pays you the equity you have in your ... more...

Zero Down Mortgage Loans - Is 100% Financing a Good Idea and Can You Get Approved?
Are you wondering if you can get approved for a home loan with 100% financing? Are you also wondering if its a good idea to get a mortgage loan with no money down? Here are some points to keep in mind as you apply and consider your different mortgage loan options.To qualify for 100% financing on ... more...

Should You Refinance Your Mortgage if Interest Rates Drop?
Mortgage refinancing is when you take a mortgage of a certain interest rate and term length, and change it for a different interest rate and term. If you are looking to refinance your home loan it is usually done when rates have dropped considerably therefore making it advantageous to do so. When I ... more...

Understanding Mortgage Basics
As common as mortgages are, there are a surprisingly large number of us who are under false impressions about the way they function, and what they actually are. For one thing, though we do commonly call mortgages home loans, this is not at all what they actually are. In fact, mortgages arent ... more...

Home Mortgage Loan Refinancing Online - 3 Tips on Refinancing Your Home
When refinancing your home, it's helpful to know a few things about refinancing. When you refinance, you usually pay off the old loan and sign for a new loan, whether you are refinancing your 1st mortgage, second mortgage or home equity loan. The expense that comes in to play when refinancing are ... more...

How to Get Your Home Mortgage Loan
If you are thinking of purchasing a new home soon you will need to know how to qualify for a new home mortgage. If you have a good credit history you will find it much easier to get approved for your home loan. If you do not have a good credit report you will have to take some time to build up your ... more...

Kings Bay, Saint Marys and Kingsland Georgia Real Estate - Mortgage Lenders
When looking for a home, it is important to first get pre-qualified with a mortgage company before you search for a home. This is the first step in making buying a home a no-nonsense experience.There are many mortgage lenders in the Kings Bay Georgia market. Most offer many of the same programs, ... more...

Home Mortgage Interest Rates: How to Compare
Whether you are looking to purchase your first home, sell your current home and purchase a new one, or you are wondering whether or not you should refinance your existing mortgage, it is beneficial to compare current home mortgage interest rates from several companies to be sure you get the best ... more...

What Exactly Is A Reverse Mortgage And How Does It Work?
A reverse mortgage is a certain loan that allows the older generation to take their home equity and turn it into cash. With this type of loan the bank is actually paying you monthly out of the equity in your home. The funds from reverse mortgages can be used for whatever you like. Many people like ... more...


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