Rates May Be Rising: Mortgage And Refinancing Preparation Made Simple For You
Buying a home is probably the single largest investment most people make in a lifetime. By preparing yourself and your credit before a home purchase or refinance, you can ensure a smooth finance process and can potentially save thousands on your loan. Improve your financial profile now so you can ... more...

Mortgage Loan Basics What You Need to know
If you are in the market for a new mortgage or refinancing your current mortgage, you need to do your homework and shop for the best mortgage deal. Doing your homework means learning mortgage basics; here are the fundamentals to get you started.Mortgage Interest Rates: Fixed Rate or ... more...

Mortgage Loans - LTV (Lending Risk Ratio)
When buying your home, it is imperative to have as much money as possible for your down payment. Not only should you save for your down payment, but also tap your personal savings, any stocks, bonds and real estate, and gather your family gifts. Customarily, lenders require a down payment of at ... more...

First Time Home Buyers - Get Your Top 5 Mortgage Questions Answered Here!
Buying a home for the first time can be a little rattling, as it is a huge financial investment and responsibility that will stay with you for years. If you are not familiar with how to buy a home and get a mortgage, then use this information to get a little insight as to what a mortgage is, and ... more...

The Three Factors of Credit-Worthiness
Between the Internet, well-meaning family and friends, and know-it-all articles in the print media, it's hard to know where the facts end and the nonsense begins. Facts are everywhere, but so are urban legends, hidden agendas, and opinions posing as truth. Fact or fallacy - it can be devilishly ... more...

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...

Understanding the Loan to Value Ratio
These days many renters are taking advantage of the present low level of interest rates to get into a home of their own. In addition, many current homeowners are taking advantage of those same low interest rates to refinance their home mortgage loans at more favorable interest rates.Therefore, ... more...

Home Mortgage Loans For People With Bad Credit
Getting a home loan with bad credit has actually never been easier than it is today. Here are some tips to help improve your chances of success:Find A Good Real Estate Deal If you can find a property that has some equity in it when you purchase it, you may have an easier time getting financing on ... more...

Mortgage Loan Application Denied?
Having your mortgage application denied can be a humiliating experience. The first step to having your application approved is not to take the denial personally and correct whatever problems you have. Here is all you need to get started.Understanding why your mortgage application was denied is ... more...