An Infinity Mortgage?
Here in Spain the concept of a mortgage period of 20 or 25 years is something new. The general feeling by the banks is that want their money back more quickly than banks in countries in which they are accustomed to longer periods. The borrowers are also accustomed to the idea that the guiding ...
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Mortgage Delinquency Facts and Fiction
Kenneth Harney, a highly respected columnist for the Washington Post, expressed surprise in his column recently because home buyers in high-cost parts of the country like California, Hawaii, Boston and Washington, D.C. are not leading the nation in mortgage delinquencies.Mr. Harney stated (in near ...
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A Brief Commercial Mortgage Guide
Commercial mortgage loans are used when purchasing structures such as office buildings, apartment complexes, health care facilities and retail outlets. Whether its a hi-rise tower or a family-owned restaurant, buyers typically need additional funding to complete the transaction. Commercial ...
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US Commercial Mortgage Basics
Commercial mortgage loans are used when purchasing structures such as office buildings, apartment complexes, health care facilities and retail outlets. Whether its a hi-rise tower or a family-owned restaurant, buyers typically need additional funding to complete the transaction. Commercial ...
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Seniors Can Use a Reverse Mortgage to Fund Annuities, Investments, and Insurance Policies
For many seniors in or entering retirement, the prospect of purchasing long-term care, investments or annuities can be cut short by a lack of retirement income. Statistics show that 3 out 4 seniors will have to lower their current standard of living during retirement. Social Security, IRA's, 401k's ...
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Bad Credit Mortgage Refinancing
Bad credit mortgage refinancing loans are used to solve two different problems.Problem Number One: The homeowner has bad credit, significant high interest credit card debt and a home with substantial equity. In order to pay off the high interest bills, the person refinances his/her home and cashes ...
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Mortgage Prequalification
How do I get Prequalified mortgage and how much can I spend on a house mortgage?
Fill out one of the forms to get prequalified. You will be able to know how much you qualify for, or if you do not automatically mortgage prequalify, you will be given advice.
Prequalify Forms
Fill out this ...
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Home Equity Loan A Reverse Mortgage Could Provide a Comfortable Retirement!
While only comprising about 1% of all mortgages, the reverse mortgage has gained in popularity in recent years. Federally insured since the late 1980s, the reverse mortgage allows owners of paid-off homes to borrow against the equity in their homes in the form of a lump sum, a line of credit, or ...
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Mortgage Debt Elimination in 5 to 7 years!
Mortgage Debt Elimination shows that most home loan debts will be secured. Secured debts usually are tied to an asset, like your house for a mortgage. If you stop making payments, lenders can foreclose on your house.Unsecured debts are not tied to any asset, and include most credit card debt, bills ...
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Key an Eye on Your Mortgage Payments
In previous decades, when a borrower missed a payment on a mortgage, the lender would often consider them one month behind until they eventually caught up. Most lenders would impose a late fee and other interest or penalties, tacking them onto the back end of the loan as long as the lender stayed ...
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Reverse Mortgage Maximization
Have your homes appreciation grow twice as fast.For Seniors over the age of 62 a Reverse Mortgage is a tool that, while new to many, is increasingly being used to maximize their retirement income. A Reverse Mortgage frees up large amounts of equity to be used in investment vehicles, insurance ...
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Bad Credit? First Time Buyer? You Can Still Get Approved For A Home Mortgage Loan
Do you have bad credit that you worry will stop you from being able to apply for a home mortgage loan? Have you given up on the dream of being a home owner? Well dont. Take comfort in the fact that there are special home mortgage loans that you can apply for, that will make sure your dreams of ...
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