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Why a Reverse Mortgage Leaves Money Behind
December 1, 2003 ?I was my aunt?s only relative, and when she died I was surprised to inherit a house worth $250,000, with reverse mortgage debt of only $90,000. I had encouraged her to exhaust the equity in her house, and she always told me that she was using it as fast as the ... more...

Do Mortgage Lenders Recognize Bargain Prices?
October 9, 2000 "I am buying a house for $105,000 but it is appraised at $120,000. Can I use the difference as my down payment?" "I have no cash and lots of credit card debt, but I think I can purchase a house for less than its appraised value. Can I use the ... more...

excellent credit related definitions

Credit Score
Credit Score A single numerical score, based on an individual's credit history, that measures that individual's credit worthiness. Credit scores are as good as the algorithm used to derive them. The most widely used credit score is called ... more...

Equal Credit Oportunity Act
Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more...

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Get Free excellent credit Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Credit Cards Make Your Life Easier! Find Out How!
Credit cards do more than provide you with extra purchasing power. Actually, credit cards can do quite a bit to make your life easier. Credit cards add convenience to your life by helping you establish credit and simplify your bill payments. In fact, credit cards can even protect you in the event ... more...

Best Car Loan Rate How to Get the Most From Your Credit Score
Your credit score is the most important factor to getting the best car loan rate. Many shoppers make the mistake of going to the car dealership and applying for a loan before checking their credit report and score. By checking your credit score ahead of time, you will know where you stand before ... more...

Secured Loans - UK Overview
Borrowing money has become more and more popular in the UK over recent years, and this is partly due to the fact that it has become far easier to borrow money. The rising popularity of consumer finance has also been aided by the wide variety of deals and the low interest rates available these days. ... more...

Secrets & Benefits of Secured Loans
Borrowing money has become more and more popular in the UK over recent years, and this is partly due to the fact that it has become far easier to borrow money. The rising popularity of consumer finance has also been aided by the wide variety of deals and the low interest rates available these days. ... more...

How to Lower the Cost of Your Car Insurance
Buying auto insurance is an important part of your overall financial planning. The auto insurance premium rate varies depending on the company and the type of policy coverage you choose to have. Here are some guidelines to lower the cost.Shop Around- Compare the costs by shopping around at least ... more...

Need a Real Estate Loan? Mortgage Credit Requirements Not the Same as Auto Financing
Qualifying for a real estate purchase requires different credit than auto financing or credit cards. In fact, you may be able to go out and buy a new car today, but you might be turned down for a home mortgage. On the other hand, you could go out and buy a house and be turned down for an auto loan ... more...

Bad Credit Mortgage Lenders - Finding an Online Lender
Today, the internet makes applying for a bad credit mortgage easy and convenient. Before, savvy buyers had to contact several lenders by phone or in person to request quotes. This process was time consuming and exhausting. Through online mortgage lenders, your application is immediately ... more...

Locating a Home Mortgage
When it comes time for you to acquire a home mortgage for your first home or for a second home, or perhaps you are just looking to refinance. Whatever the case may be, it is important to shop around for a home mortgage.When it comes to a home mortgage, mortgage companies are very competitive, they ... more...

The Truth About Low Interest Credit Cards
Low interest credit cards are wonderful if you can get your hands on one. They offer great rates so it is easier to pay off your balance in a timely manner. These cards are perfect for those making large purchases on their credit cards, or even those that use their card for everyday purchases. ... more...

A Cure for an Ailing Credit
Credit has become a much-used word, thanks to the various connotations that it is being used in. Transactions in which the payment is deferred to the near future are termed as credit transactions.Ever thought why the grocer sells goods on deferred payment- because of a good credit that you enjoy. ... more...

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