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Tutorial on Selecting Mortgage Features
Planning to shop for a mortgage on-line? You need to answer the following questions first, so you know exactly what you are shopping for.      1. What Type of Mortgage Should I Select? 2. Which Mortgage Options Should I Select? 3. How Long a Term Should I Take? 4. ... more...

The Pros and Cons of Making a Larger Down Payment
November 22, 1999 "I have my money at work earning a 12-14% return year-in and year-out. My thinking, therefore, is that I should make the smallest down payment possible because the return on a larger down payment will be the ... more...

mortgage calculator down payment related definitions

Private Mortgage Insurance, PMI
Private Mortgage Insurance, PMI Loans with an LTV over 80% may require Private Mortgage Insurance (in some cases 75% or 70% when refinancing). If you do not have a 20 percent down payment, lenders will allow a smaller down payment. With the smaller down payment loans, however ... more...

Down Payment
Down Payment Money paid to make up the difference between the purchase price and the mortgage amount. Example : John buys a house for $100,000 and obtains a loan for $80,000. His downpayment is $20,000. Closing Costs Locating Downpayment ... more...

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Get Free mortgage calculator down payment 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...

Reverse Mortgage Maximization
Have your homes appreciation grow twice as fast.For Seniors over the age of 62 a Reverse Mortgage is a tool that, while new to many, is increasingly being used to maximize their retirement income. A Reverse Mortgage frees up large amounts of equity to be used in investment vehicles, insurance ... more...

Sub-Prime Mortgage Loans - Five Ways To Lower Your Rates On A Sub-prime Mortgage
Sub-prime mortgages dont mean you have to pay excessively high interest rates to buy a home. By taking time to do some research and pick the right terms, you can save thousands on your mortgage. The following five tips will help you get low rates with the right subprime lender.Compare LendersThe ... more...

Log Homes - Is a Log Home In Your Future?
Many people dream about a log home in their future but never get around to making their dream come true. Here's how to get past the hurdles and start living your dream.Finances are one of the most common reasons many people never live their log home dreams. The reasons may only be perceived or they ... more...

Refinance Benefits - Refinancing Could Save You Money
The most common reason most people refinance is to save money, but many people refinance for various other reasons.1. Refinancing to Lower Your Monthly Payment for an Existing Loan.You can refinance your existing loan at a lower interest rate thus reducing your monthly loan payments. With interest ... more...

Finding The Right Mortgage Loan
There are many mortgage loan companies out there. They seem to send you an email daily, tempting you to fulfill your largest dreams of a new home. But, when is the right time to purchase a home and what should you look for when you do so? There are many things to think about and they all center on ... more...

Using Points To Cut Your Interest Rate
The general mantra in the real estate world is you want to avoid paying points when obtaining a mortgage. As with most assumptions, this is not always true.Using Points To Cut Your Interest RateWhen discussing mortgages, it is important to understand what points are. Points are essentially an ... more...

Mortgage Loan Should You Pay Points?
If you are in the process of shopping for a mortgage you may wonder about paying points. Many people will tell you to avoid paying points at all costs. Are there any advantages to paying points? Here is all you need to know about paying points on your mortgage loan.Points, often referred to as ... more...

Buying A Home In Camden Maine
The process of buying a home is not something to be taken lightly. A home is a large investment, and its your responsibility to select a home that fits your needs and find a manageable mortgage for itno mean feat. Well help break the process down into the most important pieces.Article:In the ... more...

Are You Having Difficulty Meeting Your Financial Obligations?
Many individuals are experiencing difficulties meeting their financial obligations from month to month and the monthly payments are overwhelming and creating unnecessary stress and frustration. However, it is imperative that you find a way to meet your monthly obligations in order to maintain a ... more...

Bad Credit Home Purchase Loans Should You Purchase A Home?
Today, those with damaged credit have more opportunities to borrow to buy a house than they have had in the past. There are many lenders that specialize in what is often referred to as a bad credit home purchase loan. However, as with many things in life, just because you can, doesnt mean you ... more...

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