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Lies Mortgage Shoppers Hear
    December 2, 2002, Revised July 16, 2004 "I am about to shop the market for the mortgage I need to finance my home purchase.  Is there a danger that people won?t tell me the truth?  Any lies I should look out for in particular ... more...

Tutorial on Selecting Mortgage Features
Planning to shop for a mortgage on-line? You need to answer the following questions first, so you know exactly what you are shopping for.      1. What Type of Mortgage Should I Select? 2. Which Mortgage Options Should I Select? 3. How Long a Term Should I Take? 4. ... more...

mortgage interest rates loan property foreclosure loans credit related definitions

Negative Amortization
Negative Amortization Negative amortization, also known as Neg Amortization, NegAm, NegAmMort, occurs when borrower pays back less than the full amount of interest owed to the lender each month. The difference betweeen full interest and paid amount is added to the total amount ... more...

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...

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Financial Rebirth Through Remortgage
Seldom in ones life do we get a chance to alter the mistakes we made in the past. Remortgage offers a once in a life time opportunity to change from a mortgage to another that is more desirable.So what are the mistakes that Remortgage will help cure? With the interest rates falling, mortgages ... more...

Get your Dream Car Get a Car Loan
Youve probably spent years thinking that your dream car is out of your reach. But have you though about a car loan? That car youve always wanted could be just within your grasp!America is a nation of car owners. With over 133 million cars on the road, that means that there are 1.24 cars to every ... more...

The Home Buyers' Guide To Understanding Mortgages In Amsterdam New York
Mortgages are not one-size-fits-all propositions. You truly need to do your homework before signing a major contract. If you bite off more than you can chew, you may lose your good credit status, as well as your home. One of the first steps you can take is to audit your finances. Know what you can ... more...

Real Estate Investor Question: Rehab and Sell, or Rehab and Keep?
Here's another awesome question I received from my discussion board. The question; Why bother keeping property after it's rehabbed? Why not sell it after the rehab and GET PAID!Of course, the first questions that you must answer is how emergent is your need for quick cash? You can likely ... more...

The Rising Foreclosure Rate
While the number of new mortgages boomed between 2000 and 2003, foreclosure rates also hit record highs. Conditions have improved somewhat since mid-2003: over the last two years the foreclosure rate has flattened. The delinquency rate has also improved slightly with the number of delinquent ... more...

Student Loan Consolidation - Save Money, Pay Less, Spend More
Save Money, Pay Less, Spend More on What You Want? Sounds too good to be true, doesn't it? Well, if you'll spend a few minutes learning about student loan consolidation, you'll soon be armed with enough information to make some really good decisions and help you achieve all of the above, and ... more...

Rebuild Your Credit the Right Way the First Time
If you are one of the millions of people out there with bad credit you need to step up and start doing something to get yourself back into credits good graces. Having good credit is the only way to assure that you will get the best interest rates on any loans and credit cards that you apply for. If ... more...

The Pro's and Con's of Debt Consolidation Loans
You are swimming in debt. You have 4 credit cards maxed out, a car loan, a consumer loan, and a house payment. Simply making the minimum payments is causing your distress and certainly not getting you out of debt. What should you do?Some people feel that debt consolidation loans are the best option ... more...

Finding The Perfect Maui Home For Sale
If you are thinking of relocating to Maui, this article will hopefully guide you to making a positive decision when thinking of buying a home there. Hopefully, by the end you will be one step closer to finding a Maui home for sale, and being able to purchase it.Maui is an island belonging to Maui ... more...

Choosing a Debt Management Program
Warning: DO NOT Begin any Debt Management Program, UNLESS the Company You Choose Meets these Six Criteria:In fact, if these six criteria are not met, don't even get your hopes up...1. The company has been in business for over one year.If 9 out of 10 new businesses fail within one year, why would ... more...


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