Secrets of the Option ARM Loan
How Does an Option ARM Loan Work?Option ARM (also called Pick A Payment or Pay Option ARM) loans work by providing the borrower with four payment options each month.Before we get into the payment options, let's review some of the important terms and concepts involved with this loan program.ARM - ... more...

Stop Foreclosure - 7 Tips to Save Your Home
Faced with the threat of a foreclosure on their home, with all the weight of the mortgage industry and its army of attorneys against them, the average homeowner might feel like David facing Goliath.But David defeated Goliath !David had a sling and some pebbles.You have an armory of tactics and ... more...

What Is A FHA Loan?
Most of us need to borrow some money at least at one point of time in our life. When we want to buy a car, to study at the College or University, when we want to buy a house or home, when we need money to start our own business - even when we use our credit cards.There are many types of loans and ... more...

Why a Hard Money Lender Might Be Your First Stop
It isn't uncommon to hear mortgage industry insiders refer to hard money lenders as a last resort. While this may be true to the extent that many borrowers who solicit loans from hard money lenders do so as a last resort, there are many cases in which a hard money lender may be sought before a ... more...

All You Wanted to Know of Bad Credit
Martin Henderson is in a fix these days. Because of his failure to repay a loan he had taken a few years back, he has been adjudged as a bad credit case. And, in spite of much effort, he has not been able to get a loan or a mortgage. Lenders do not want to take risk by offering loans to him, and he ... more...

First Time Home Buyers Guide - A Valuable Resource For Those With No Credit Or Bad Credit
First time homebuyers with bad credit can find buying a home a challenge. Are you a first time homebuyer who has bad credit? This does not always mean you have to suffer with high interest rates or no mortgage at all. There are many choices out there for both first time buyers and those with bad ... more...

Refinance Home: Distilling Cash by Renewing Home Loan
Refinance home is in vogue especially with reduction in interest rates. Refinance is still going strong with 40% of the home loan applications being filled in for refinancing home loans. Homeowners realize that there is enough equity in the home to refinance and convert into cash and credit. Few ... more...

Repayment of Loans Lessening the Bitterness of the Process
So how have you planned the repayment? Dont tell if you havent started the plannings yet. It is high time the plannings and the decisions be made regarding the repayment of the loan. The amount of loan is a sizeable figure and planning for the repayment on the D-day will only make the repayment ... more...

Debt Management Brings a Significant Change in Debt Scenario
Have you ever thought what would be the consequence of uncontrolled expenditure? While the desire to purchase continues to be unsatisfied, the income base gives up much earlier. The result is debts. Debts up to a certain level are admissible. Debts need to be managed to keep them within this level. ... more...

UK Loans Guide - Channelising Your Rising Budget in a Productive Mmanner
Every unknown road needs a milestone to configure where it leads. Every loan type in UK requires a guide to steer through the loans market. The vastness of loans in UK is exhaustive. Loan borrowing in UK is growing by the day. Loan process has been considerably simplified leading to opening of new ... more...

Thought Fixed Rate Will Give You a Respite from the Perils of Variable Rates! Think Again
Slight increases in the interest rates raise your hackles. Tension grips your mind as to how you are going to make the extra payment. Preparations begin right then to provide for the repayment, though it requires a huge cut in the monthly expenses.Cautious is what describes your state. A fixed rate ... more...

40 Year Mortgages - Are They Right For You?
A 40 year mortgage, with either fixed or adjustable rates, is starting to receive more attention in the mortgage business. With interest rates rising and real estate prices booming in 2005, lenders are starting to offer the 40 year mortgage as a viable option for buying your dream home.Although ... more...