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...

Time Limits for Making Mortgage Endowment Complaints in the UK
There is much discussion in the financial sector regarding the endowment mortgage misselling scandal that has affected up to 8.5 million policyholders in the UK.Endowments policies were sold heavily in the UK during the 80s and 90s as a cheap yet secure method of repaying your mortgage debt. The ... more...

Mortgage Terminology for the First Time Home Buyer
Buying a Home for the first time can be a little nerve racking. Mortgage terminology that brokers use everyday can leave you scratching your head or shaking your head pretending that you know what theyre talking about. Here are some mortgage terms and definitions that youll be hearing when shopping ... more...

Mortgage Banking: Is It for You?
Are you quick with calculations and always ready to help people? If youre good with numbers and have great organizational skills, a career in mortgage banking may be a great idea. Most people who work in the mortgage banking field are residential or commercial loan officers.A mortgage loan officer ... 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...

Hawaii Mortgage and Home Loan Trends
One of the latest trends in the mortgage industry in the Hawaiian islands involves pre-approving borrower loans. Prospective buyers will know what they can afford before shopping for a home. When you pre-approve, home sellers and real estate agents will know you are a serious buyer. Being approved ... 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...

Tennessee Mortgage Loans
It doesn't matter if you are searching for Tennessee mortgage loans or Canadian mortgage loans. The purpose of obtaining the loan will usually remain the same. If you have got this far I'm sure you're aware of the benefits of refinancing a loan. You can lower your payment and save money by locking ... more...

Finding a Mortgage in Louisville
Louisville, Kentucky is a charming city located in the heart of the Bluegrass State. The University of Louisville is noted for its academic prowess as well as for fielding several top sports teams including football and Men's basketball teams. Homeowners enjoy the area because of its smaller city ... more...

Home Mortgage Refinancing - Should I Refinance?
Why should I refinance and when does it pay to do so?Refinancing can be worthwhile, but it does not make good financial sense for everyone. A general role of thumb is that refinancing becomes worth your while if the current interest rate on your mortgage is at least 2 percentage points higher than ... more...