Composite Credit Report Score Simplifies Mortgage Issues
Do you want a mortgage loan for your new home? Trying to qualify for a new mortgage can be very tough, especially if you arent aware of the effect your credit report score has on your ability to get approved for loans. One of the first things a lender looks at to determine your suitability for a ... more...

Self Employed Mortgage Loan Getting a Mortgage When Youre Self Employed
Being self employed has many benefits. When you are self-employed, you can write off all of your deductions on your taxes. You have the potential to make more income than someone who is employed by someone else. You have the freedom to be your own boss. One of the few times when being self ... 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...

Home Mortgage Loan Refinance Benefits To Refinancing Your House Online
Here are some of the benefits to doing your home loan refinance online:Everything seems to happen faster - Online, when looking for a mortgage loan you can search around, fill out an application and a few minutes later, you can be receiving a pre-approval letter via email. There was no calling, no ... more...

Refinancing Your Mortgage - Is It The Right Choice For You?
Mortgage refinancing is an option for many homebuyers who are paying interest rates 2-3% or higher than what they can find today, or who need additional cash. Were you a first time homebuyer or you had poor credit the last time you obtained a loan? Now you are on your feet and make a salary that ... more...

7 Credit Improving Steps You Must Take Before Applying For A Mortgage
If you think you have good credit, think again. Chances are there is something on your credit report that can effect your credit rating; this type of news is particularly alarming if you are shopping for a loan or applying for credit. You can save yourself headaches as well as thousands of dollars ... 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...

A Guide To Finding the Best Nashville Mortgage Companies
If you are thinking about moving to Nashville, or if you already live there but want to purchase a different home, finding the right Nashville mortgage company can be a daunting task.Nashville is centrally located in the state of Tennessee. It is nicknamed "Music City" and is the home of The Grand ... more...

A Guide To Finding the Best Nashvlille Mortgage Companies
If you are thinking about moving to Nashville, or if you already live there but want to purchase a different home, finding the right Nashville mortgage company can be a daunting task.Nashville is centrally located in the state of Tennessee. It is nicknamed Music City and is the home of The Grand ... more...

What is a Current Account Mortgage?
Current account mortgages are fairly new to the sector. They are quite different to other types of mortgage as they enable you to set off all your savings and debts in one single account.Several lenders offer this type of flexible mortgage that is linked to a current account, and is called a ... more...

A Career in Mortgage Banking
Do you want a rewarding career that will make some descent money? Are you good with numbers? Are you good with paperwork? Do you like anything that has to do with money? If you answered yes, you may be interested in a career in mortgage banking. The best place to get an education on mortgage ... more...

When is the Right Time to Refinance Your Mortgage?
You've heard that interest rates are down and you think it could be time to refinance your existing mortgage, but the entire loan application process was so exhausting during the initial loan that you aren't sure it's worth the hassle. You could very well be right, but there are some things you can ... 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...

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...