Mortgage Glossary - A Glossary of Mortgage Terms You Should Know
Acceleration Clause A clause in a mortgage defining that the entire outstanding balance can become due and payable should mortgage default occur. If the entire balance is not paid, the property will be foreclosed.Adjustable Rate Mortgage (ARM) Mortgage with interest rates that may be adjusted by ... more...

Why a Hard Money Lender Might Be Your First Stop
It isn't uncommon to hear mortgage industry insiders refer to hard money lenders as a last resort. While this may be true to the extent that many borrowers who solicit loans from hard money lenders do so as a last resort, there are many cases in which a hard money lender may be sought before a ... more...

Secured Loans for Homeowners: Because Home Provides More Than Living Space
Secured loans for homeowners are also called mortgages. They are loans that are backed by a collateral. A Secured loan for Home Owners is offered against the guarantee of your home or any concrete property. It enables you to get loans according to your needs and also get good deals for easy ... more...

Mortgage Info You Can Actually Understand!
This is a great time to Refinance Your Home or Buy a New Home -- the Mortgage Rates are so low, these days! It's always worth a shot to find out what the costs of switching over to a new mortgage would be, to see if that's the right move for you.Whether you are building your own house, buying a new ... more...

Hard Money Lenders -- "No Money Down" The Easy Way
Would it help you as a real estate investor to be able to "Close For Cash in Days," even if you're tapped out financially?Hard money lenders are perhaps the best way to get 100% financing with easy qualifying, money for fix- up, and fast closings.So what can hard money lenders do for you? Hard ... more...

What You Should Know About Home Equity Loans
A home equity loan is essentially a type of second mortgage. You'll be borrowing money against the value of your home. This carries risk, but can be worth it in the end if you know what you're doing.The most common type of home equity loan is a "closed end" home equity loan. This type of loan ... more...

How To Beat The Home-Based Burnout Blues
I went to visit a friend who had quit the corporate world to start his own art-based business. This was a guy who wore, if not a suit, at least a tie and jacket to work every day for a decade. All the curtains in his house were drawn and his bed was littered with color samples, catalogs and all ... more...

Home Equity Loans Theres Gold In That There House
To paraphrase an old familiar quote that goes theres gold in them there hills, you could say, theres gold in that house. As Martha Stewart would say, its a good thing.A home equity loan can be a very good thing if you formulate a plan and stick to it. Home equity loans are becoming much more common ... more...

What is a Home Equity Loan?
A home equity loan is a loan that is guaranteed by your home. Are you in urgent need for cash and want to get the same without selling off your home or property? Getting a home equity loan is a good way to do so.Equity on your home is essentially the difference between the value of your home and ... more...