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Qualifying For a Mortgage
December 12, 2000 Most potential borrowers are nervous about getting a mortgage loan because they share a widespread misperception: the misperception is that they have no bargaining power relative to lenders, and therefore must approach them ... more...

How Much House Can You Afford?
December 10, 1999 Borrowers often begin their home search with only the foggiest idea about how much they can afford to pay, which can result in wasted time and frustration. They should know approximately how much they can afford ... more...

mortgage payment insurance lenders monthly house 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...

MIP, Mortgage Insurance Premium
MIP, Mortgage Insurance Premium It is insurance from FHA to the lender against incurring a loss on account of the borrower's default. Paid if FHA loan LTV is higher than 80%. Also known as FHA Mortgage Insurance. By insuring the loan the Federal Government agrees to repay ... more...

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Life Insurance Information
Life insurance is a personal insurance plan designed to pay out a sum of money on the death of the policyholder. Life Insurance is an insurance that is taken out against a persons life. It will pay out either a lump sum or monthly contributions to the trustee or next of kin in the event of the ... more...

The Cost Of Being Sick And One Possible Alternative: Glyconutrition
A lot of people Ive talked with about health supplements usually are coming from about the same place - you know: been there, done that. People are tired of hearing about the latest and greatest and for the most part - figure that all supplements are pretty much the same.People also agree that ... more...

Bad Credit Home Purchase Loans - How To Purchase a Home with Bad Credit
Owning your home can be a reality for you even if you have bad credit. By educating yourself on the process, analyzing your credit, and shopping for lenders, you can find reasonable rates. Buying a home can also help you begin to build a solid financial future.Learning The Loan ProcessOne of the ... more...

Are Biweekly Mortgages Really Worthwhile?
You may have heard people, especially mortgage lenders, extolling the virtues of biweekly payments, saying that you can save thousands of dollars and take 5-7 years off your mortgage--and then offering to set up a biweekly plan for you for as little as $400. But you don't have to spend $400 to ... more...

Why Choose a Remortgage?
A remortgage can be used for the purpose of gaining lower interest rates on your mortgage or raising finance through releasing equity.The term Remortgage is used to explain the process of moving your mortgage to a new lender. A different lender may offer a significantly better deal than your ... more...

Crossing the Gap from this Home to the Next: Bridge Loan
So youre thinking of getting into a bigger house. You call up the real estate agent and make an appointment to go see what the market has to offer. Then you find it, the perfect move-up home. Its everything youve ever wanted in a home unless your married, in which case its everything your wife ... more...

How To Sell Your Home FSBO
You decide to sell your home and believe you can handle the selling process. Good for You!Of course youre a little nervous and thats normal. You might stay awake at night wondering how long it is going to take to actually sell this home."Can I get my asking price?" You wonder.Yes it is possible to ... more...

An Investor's 1st and Most Important Lesson
Are you ready for the lesson that will put you ahead of 99% of all real estate investors?Here it is in a nutshell USE AS LITTLE CASH AS POSSIBLE!The days of mortgage burning parties are long over. But you will still meet people who believe that it is good idea to pay off the mortgage on a ... more...

Going Debt Consolidation Way!
We are aware of the fact that it is easy to get into debts, but on the contrary overcoming it is very complicated. Now give an end to your fear of lenders as more and more companies in the UK are offering solutions to tackle debts of individuals- both home owners and tenants. The buzzword these ... more...

Passion and Purpose
Who are we, standing here on this planet, looking for a place to be? Are we the forgotten ones from a time gone by, a piece of pre-history perhaps, that lets itself unfold through the pages of time?Are we here all alone, or are we part of something bigger, larger perhaps than we could ever imagine ... more...

Business Loans - 7 Reasons Not to Use a Bank
So you're a small business owner and you need a business loan to further the objectives of your company. Where do you turn?When it comes to a business loan or commercial real estate loan, there are many good reasons NOT to turn to a traditional bank. Here are some of the most important. Many small ... more...

Creating A Household Budget
Creating a budget can be a very difficult task. Although we as consumers know that we need to pay our bills, buy our necessities, and put money away for savings, we dont really know how to start.I know from personal experience how hard creating a budget can be. In the beginning stages of my road ... more...

Adverse Credit Mortgages - Home Loans For People With Poor Credit
Mortgage lenders offer many financing options for people with adverse credit. For those who dont qualify for an A loan, you can use a B, C, or D loan to finance the purchase of your home.These home loans offer short-term financing until your credit score improves and you can qualify for an A loan ... more...

So You Want to Buy a Home?
Taking the plunge into home ownership can be a rewarding step for many first-time home buyers. Before you take the plunge, look before you leap. Homeownership is not for everyone.304 Take into consideration the pluses for renting versus owning: -Monthly costs: renting can be more cost-efficient ... more...


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