Alternative Options For Rising Interest Rates
As interest rates have risen in the last six weeks from record lows, homeowners are once again face with finding viable options to reduce the amount of interest paid on their home loans. The rush to refinance provided borrowers with good to excellent credit the opportunity to take advantage of low ... more...

What Not to Display on Display Signs
If you are promoting a product and you are doing some advertising with displays, dont allow for your customer to know everything. Otherwise, they wont have a reason to call you, or come visit you.For instance, when I was working in the banking industry, we displayed our rates on a fancy looking ... more...

How to Compare Fixed Rate Mortgages and Adjustable Rate Mortgages
There are many types of mortgages, and the more you know about them before you start, the better. To compare one Adjustable Rate Mortgage with another or with a fixed-rate mortgage, you need to know about indexes, margins, discounts, caps, negative amortization, and convertibility. You need to ... more...

How Do I Know Whether or Not I Will End Up Saving Money When Refinancing My Home Loan?
To save money, you must live in your house longer than the "break-even period" the period over which the interest savings just cover the refinance expenses. The larger the spread between the new interest rate and the rate on your existing loan, the shorter the break-even period. The more it cost ... more...

Understanding How to Get Easy Home Loans for the Self Employed
There are three specific criteria that make any loan work. They are:1. Collateral - What you have of value (assets) to place at risk if you should default on the loan.2. Capacity - Your ability to pay back the loan over time. This includes income reporting such as IRS Form W-2 or 1099. Capacity ... more...

Free And Easy Home Loan Tips!
Have you often wondered if you will ever own your own home, have your very own credit card with your name on it or how you will be able to purchase that special car youve had your eyes on for quite some time? Well, if you have ever asked yourself these questions before, this info will give you some ... more...

No Money Down Home Loan
Are you in the market to purchase a home but are concerned about not having enough money for the down payment? No down payment home loans or 100% financing for your mortgage loan used to be only advertised during late night infomercials and in obscure real estate publications. The good news is that ... more...

Interest-only Mortgages Have Their Pitfalls
Rising home prices, particularly on the East and West coasts have put the costs of home ownership seemingly beyond the reach of many. And yet, home ownership is up nationwide, and the percentage of Americans who own their homes is the highest it has ever been. How is this possible?There are more ... more...

How To Buy a House After Bankruptcy
You can buy a house after bankruptcy before it drops off your credit record in seven to ten years. Rates can be reasonably low in only two years by rebuilding your credit score. Also, taking time to search for just the right loan can save you thousands on interest payments and fees. These four ... more...

Rate Locks And How They Work
Remember, rates change all the time, and it can be one or two months between the time you apply for a loan and when your sale closes... and rates can have jumped in that time.A lock commits the lender to lend at a specified interest rate and points, provided the loan is closed within the specified ... more...