Mortgage Information
A mortgage is borrowing money using property as a security, a type of secured loan in other words. Primarily, the purpose in borrowing the money is to purchase a property.A mortgage is really another word for a property loan - a loan that allows you to borrow a large amount of money in order to buy ... more...

Reverse Mortgages A Tax Free Income For Senior Citizens
I fully realize if it sounds too good to be true, it probably is and There Aint No Such Thing As A Free Lunch (TANSTAAFL) immediately jumped into your head when you read the title of this article. However, if you are 62 or over, you may have just found the goose that laid the golden egg.A reverse ... more...

Mortgage Loan Closing Costs for Refinance Loans and Home Purchase
If you are going to obtain a mortgage loan, for whatever purpose (home purchase or refinance) you are going to pay closing costs...period. Let me clarify regarding a purchase of a home...the seller may pay some or even all the closing costs in a transaction, but it essentially works out to just ... more...

How to Prequalify a Buyer When You Sell Your Home "By Owner"
One questions many "for sale by owner" sellers ask is "how can I determine if a potential buyer can afford to buy my house?" In the real estate industry this is referred to as "pre-qualifying" a buyer. You might think this is a complex process but in reality it is actually quite simple and only ... more...

Reverse Mortgage: A Dignified Way for Retirees to Supplement Income and Take Care of Expenses
For many Americans reaching the retirement age, the equity build up in their home is their only real asset. Reverse mortgage is a way to tap into this asset and create a stream of income needed for retirement or take care of an unexpected financial need that is usually related to health care costs ... more...

How to Get Cheap Home Loans with a Bad Credit
Its been years since you made any major improvements to your home and its about time. Your spouse and children are also urging you to give the house a facelift. So, what do you do? Dip into your savings? Great! But thats only if youve enough stashed away in there. Go in for a regular loan? But you ... more...

Reverse Mortgages: Information You Need to Know
Reverse Mortgages are exploding in popularity and as the baby boomers reach age 62 and beyond they will become eligible to cash in on their home equity with a reverse mortgage.A reverse mortgage is a home loan that you do not have to pay back for as long as you live in your home. It can be paid to ... more...

Lawsuit Loans - Caveat Emptor!
If you have been injured in an accident it is quite likely that you have been financially stressed as a result, and are in need of an advance against your insurance claim, lawsuit or other legal action. If you are looking for someone to lend you money based on your future settlement, BEWARE! There ... more...

When to Use Online Lending Services
If you're in the market for a loan but aren't sure where to look in order to get the best deal, you might want to take a moment to consider online lending services. While online lenders aren't always the best choice for all circumstances, you might find that online loan providers are surprisingly ... more...