Mortgage Refinance - Tips to Help You Cut Fees and Costs
Saving money through a mortgage refi is more than just finding the lowest interest rates. You can further cut fees and costs through the structure of your loan, avoiding PMI, and buying lower interest rates.Close Credit Card AccountsClose inactive credit card accounts to improve your credit score, ... more...

Home Mortgage Loans For People With Bad Credit - 3 Ways To Improve Your Chances For Getting Approved
Finding home mortgage loans are a reality for people with bad credit. By tapping into online home loan resources, you can find financing to buy a home. While adverse credit limits your chances with traditional lenders, the following three ways will improve your chances to get approved for an online ... more...

Mortgage Loans For People With Bad Credit
Most people with bad credit will get approved for a home mortgage. However, they may not get the best rates unless they shop around. Working with a subprime lender can get you lower rates than at a bank. You can also select terms that best fit your financial situation.Looking For The Best RatesIn ... more...

How to Obtain a Second Mortgage Loan?
A second mortgage is a loan that is secured by the equity in your home. When you obtain a second mortgage loan the lender will place a lien on your house. This lien will be recorded in 2nd position after your primary or 1st mortgage lender's lien, hence the term second mortgage. A second mortgage ... more...

Late Mortgage Payments Sabotage PMI Cancellation
There's something you should know about PMI!Private mortgage insurance is commonly referred to as PMI. If a buyer makes a down payment of less than 20% of a home's value the lender will insist that a premium for PMI be added to every monthly payment.Statistics prove that the more money a buyer has ... more...

Subprime Mortgage Lenders - Differences Between Subprime and Other Lenders
Subprime mortgage lenders specialize in offering financing to people with poor credit or riskier loans. Conventional lenders focus on low-risk loans and borrowers. While you will find better rates with conventional lenders, suprime companies offer more flexibility in requirements and loan terms ... more...

Mortgage Pre Approval - Getting Pre Approved For a Home Loan Online
A pre-approved mortgage is a must in a competitive housing market. It also gives you an idea of what you can afford to buy as you look at houses. Online home loan lenders allow you to compare rates and quickly complete the process.Before You ApplyBefore you apply for a pre-approved mortgage, you ... more...

2nd Mortgage - Better Than Refinancing
You have probably received refinancing offers in the mail or advertised online touting your ability to pull out your homes equity. But a 2nd mortgage, also called an equity loan, may be a better financing option than refinancing your mortgage. 2nd mortgages are ideal when you just want to tap into ... more...

Mortgage Costs and Fees Defined
If you are getting ready to buy a new home or to refinance your present home, you can benefit considerably by educating yourself on the basic costs and terms connected with mortgage loans and payments. Knowing in advance about current interest rates, discount points, loan fees, principal, interest, ... more...

1st and 2nd Mortgage Refinance Loan
Refinancing a first and second mortgage requires some extra considerations. Depending on your equity, you may find that combining the two mortgages results in a higher interest rate. You may also find that you have to carry PMI with the refinanced mortgage.Will Refinancing Benefit You?Refinancing ... more...