Raising Money For Property Development
In addition to finding the right property, one of the most difficult aspects of property development is being able to fund the purchase and re-development of the property before putting it back on the market.Many would-be property developers have the skills and flair for property development, but ... more...

The Importance of Your Credit Report
Everyone knows that a good credit report and high credit score are important to getting the lowest available interest rates on loans. The low interest rates advertised by banks and credit unions are typically only made available to the customers with the best credit scores, so it is important to ... more...

6 Key Points to Evaluate Online Lenders
The internet is teeming with lenders who are vying for your business. It seems like everyone wants to loan you money. You are truly in the drivers seat by going online for your mortgage, refinance, and consolidation needs. But how do you select a lender? How do you choose the right institution? ... more...

5 Reasons Why you Need a Mortgage on a Property in Spain
I choose the word need carefully for it is more urgent than the alternative want and adds more strength to the issues discussed. For most readers though the need word will apply, perhaps not in all cases, but certainly in some and I would stress an understanding of how the issues impact you ... more...

10 Questions To Ask Your Mortgage Rep or Banke
This post is a must read for anyone considering purchasing a home be it today, tomorrow or next year. It is sound advice.1. What is the loan's Interest Rate and Annual Percentage Rate?Find out what the interest rate will be on your loan and the annual percentage rate (APR). The APR is a combination ... more...

Remortgage to Restart the Mortgage Cycle on Fresh Terms
Remortgage or refinance is a right that lenders of the yesteryear were afraid to offer to borrowers. In fact, remortgage was severely prohibited through clauses such as early repayment penalty. The logic was that by refinancing the borrowers were actually paying off the mortgage earlier. In this ... more...

Option One Mortgage Loans Getting an Option ARM or Option One Mortgage Loan
Have you heard about or been interested in finding out more about option one mortgage loans? They are becoming very popular, but its important to understand how they work before you apply for one. I will describe, in this article, an overview of the most common type of option ARM mortgage loan or ... more...

Remortgage When Monthly Mortgage Payments are Touching New Heights
Current economic scene has hinted towards a fall in the Bank of England base rate from a three and a half year high of 4.75%. 78% of the property investors are contemplating refinancing their home loans. Are you thinking the same? This is the appropriate time for remortgage and moving to ... more...

Types of Financing for Your Mortgage
When financing a home purchase, the kind of mortgage you choose determines your monthly payment and the interest rate you get on your loan. There are four main ways of financing the mortgage for your home: 30-year fixed rate, 15-year fixed rate, adjustable rate, and interest only. Each of these ... more...

Fixed Rate Mortgage vs. Adjustable Rate Mortgage
The most basic distinction between types of mortgages that are available when you're looking to finance the purchase of a new home is how the interest rate is determined. Essentially, there are two types of mortgages - fixed rate mortgage and an adjustable rate mortgage. If you choose a fixed rate ... more...

Outsourcing and Offshoring in Mortgage
The US mortgage industry is going through a technological transition. Mortgage has been on the low priority in terms of automation and outsourcing in whole banking chain. But with increasing interest rates and competition, Mortgage banks are looking for ITO and BPO as long term strategic tools. ... more...

Buy More House With A Buy Down Mortgage
A buy down mortgage allows you to buy more house with your income and enjoy low monthly payments for a couple of years. With reduced payments, you can pay for move in costs and furnishings. You also qualify for a larger mortgage due to lower monthly payments.Buy Down Mortgage TermsBuy Down ... more...

Fannie Mae and Freddie Mac Mortgage Loans - Conforming Loans Provide Low Interest Rates
Conforming loans provide low interest rates since they are almost guaranteed to be purchased by Fannie Mae or Freddie Mac, which allows more funds to be available for borrowers. However, these corporations have terms, such as maximum loan, that limit how much you can borrow. If you dont meet their ... more...

Debt Consolidation Mortgage Loan - Pros and Cons
Debt consolidation mortgage loans can help you lower your interest rates and monthly payments. With reduced rates, you can also pay off your debt sooner. However, reducing your equity could subject you to private mortgage rates. You may also end up spending more on interest payments by delaying ... more...