Home Buyer 10 Extra Costs Above the Sales Price
1)Mortgage Application, Brokers Fees, and Points These costs can amount to thousands of dollars some like the application fee are poc (paid outside of closing) $200 to $500 depending on the lender. Broker fees a percentage of the loan are sometimes waived or rolled into the mortgage. Points .5% to ... more...

How to Complete a Mortgage Application
Once you have decided to purchase your dream home and have selected a mortgage lender, it is now time to fill a mortgage application. Most people would wonder how to complete a mortgage application. It is not that difficult, once you have all the information at hand. There is a Uniform Residential ... more...

Atlanta Mortgage Refinancing
Mortgage lenders also provide refinancing to borrowers. The Atlanta Mortgage Group Inc. offers "No Cost" Refinancing, in which the borrower is not required to pay closing costs. Generally there will be fees associated with obtaining a mortgage relating to relating to loan origination, appraisal, ... more...

Mortgage Loans
A mortgage is a device used to create a lien on real estate by contract. The mortgage is an instrument that the borrower (called the mortgagor) uses to pledge real property to the lender (called the mortgagee) as security for a debt, also called hypothecation. The mortgage, as a rule, consists of ... more...

Real Estate Value: Knowing yours is Key to Mortgage Success
The value of the real estate you own, whether it is your personal residence or an investment property, is critical to your mortgage and financial success. If the balance on your mortgage is close to or higher than the value of your property, your real estate is not the financial machine it should ... more...

A Brief Commercial Mortgage Guide
Commercial mortgage loans are used when purchasing structures such as office buildings, apartment complexes, health care facilities and retail outlets. Whether its a hi-rise tower or a family-owned restaurant, buyers typically need additional funding to complete the transaction. Commercial ... more...

Home Mortgages: Does a No-Closing-Cost Loan Make Sense for You?
I have heard a number of radio ads and have seen many newspaper ads offering no closing cost home mortgages. These ads will tell you that you can get a new mortgage or refinance your existing mortgage at absolutely with absolutely no closing costs.. There are no points, no charges for an appraisal, ... more...

US Commercial Mortgage Basics
Commercial mortgage loans are used when purchasing structures such as office buildings, apartment complexes, health care facilities and retail outlets. Whether its a hi-rise tower or a family-owned restaurant, buyers typically need additional funding to complete the transaction. Commercial ... more...

No Closing Cost Mortgage The Ugly Truth Could Cost You Thousands
There are a number of mortgage lenders advertising loans with no closing costs. These lenders brag that the mortgage comes with no closing costs, up-front points, appraisal fees, title insurance, or origination fees. If you sign up for this mortgage you pay nothing out of pocket at closing; ... more...