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Mortgage Professor about obtaining home mortgage: 
Borrow From the Builder's Lender?
  November 6, 2000 "The broker at the builder?s office where I am purchasing a home told me that I had to take my loan from her. Can this be true?" No. While the builder can require that you be qualified by his preferred lender, you are free to borrow from ... more...

Mortgage Payment Problems: What If You Can't Pay?
April 21, 2003 "I lost my job and have been making my mortgage payment from savings.  At some point, I will run out of savings.  What should I do? Some variant of this letter is appearing in my mailbox with ... more...

obtaining home mortgage related definitions

Second Mortgage, Home Equity Loan
Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more...

Second Home, Vacation Home
Second Home Second home is a seasonally occupied property that is not the primary residence of the owner. Such residences are usually found in areas with substantial opportunities for recreation or tourist activity. Second Home As Investment However, when market is ... more...

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Get Free obtaining home mortgage 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...

Mortgage Refinancing for People with Bad Credit - Low Credit Score Home Loans
Refinancing a home loan with poor credit is a great and effective way to resolve some of your credit problems. Individuals with poor credit are likely unable to pay creditors on time or have many past due credit accounts. To fix credit problems, most people simply need extra cash to payoff ... 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...

First Time Home Buyer Loans - Home Buying Advice for First Timers
Purchasing your first home is an exciting and scary time. For the most part, new homebuyers are unfamiliar with the home buying process. Before accepting a mortgage loan, it is important to educate yourself on various loan programs. Furthermore, first time home buyers should be aware of ... more...

Refinance Home Loans with Bad Credit Knowing When to Refinance
Do you want a lower monthly payment? Perhaps you prefer to switch your adjustable rate mortgage to a fixed rate. If this sounds familiar, refinancing your home may serve to your advantage. In the past five years, mortgage interest rates have dropped dramatically. Thus, many people who purchased ... more...

Poor Credit Home Mortgage Loans Quick, Online Bad Credit Mortgage Approvals
Finding a mortgage broker or mortgage lender offering bad credit home loans is easy. Today, many lenders specialize in bad credit mortgages. Thus, if you have a recent bankruptcy, low credit score, no credit history, or foreclosure, you can still get approved for a home loan. If you have ... more...

How to Get the Best Mortgage
This is a guide on how to get the best mortgage deal. Do not rush into the first offer that is made to you even if you are in a hurry for a mortgage. Take your time, check out what is on offer from local banks, building societies and mortgage brokers. The more time you spend doing this will equate ... more...

A Home Loan Can Help You Own Your Dream Home
Owning your dream home need not just be a dream. You can own it with a home loan offered by any number of financial institutions to help meet the shortfall between the purchase price of the home and the down payment that you provide.The two types of home loans or mortgages that you need to know are ... more...

Mortgage Leads: Overcoming Objections
If you are a loan officer or mortgage broker, and you are obtaining leads from a mortgage lead provider, it is important that you get the best return on your investment that you possibly can.For starters, understand that a lead provider does just that, they provide you with leads. It is entirely up ... more...

2nd Mortgage Loan after Bankruptcy - Understanding the Basics
Getting a 2nd mortgage loan or home equity loan after a bankruptcy is workable. However, loan applicants should be aware of certain disadvantages to bad credit loans. A bankruptcy is destructive to credit scores.In reality, many financial experts discourage bankruptcies. Those who file ... more...

Seven Frequently Asked Questions About Energy Star Homes
1. What is an Energy Star Home? According to the U.S. Government, an Energy Star qualified home uses at least 30% less energy in heating, cooling and hot water, than those built according to the 1993 National Model Energy Code. Energy Star homes may use even less energy than homes built before ... more...

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