Expense List for Buying a Home
There are many expenses that come with buying a home. The following list is a good example of what to expect:Down payment - A minimum of 20% of the homes purchase price is usually required for the best loan terms and to avoid paying private mortgage insurance (see below), but its entirely possible ... more...

Getting 100% Mortgage Financing With a Bad Credit Score
100% financing of a mortgage with bad credit can be almost as easy to get as if you have good credit. Subprime lenders are usually willing to offer full financing. In some cases, they will also wrap in the closing costs as part of the loan. You have a couple of loan options for financing your home ... more...

A Critical Guide to Home Loans: Your Options and How They Affect Your Future
Understanding Mortgage Loans-An Insiders GuideThere was a time in the not-so-distant past when financing the purchase of a home was relatively uncomplicated. You went to your local savings and loan and signed up for a 30-year, fixed-rate mortgage loan. Those days are gone, probably forever. Today, ... more...

Subprime Mortgages Low Down Payments And No PMI
Sub-prime mortgages offer financing for those with poor credit to finance the purchase of a home. Todays sub-prime mortgages offer low down payment options with no private mortgage insurance (PMI). As a result, more people are finding it easier to buy a home.Sub-prime Mortgage OptionsSub-prime ... more...

Mortgage Costs and Fees Defined
If you are getting ready to buy a new home or to refinance your present home, you can benefit considerably by educating yourself on the basic costs and terms connected with mortgage loans and payments. Knowing in advance about current interest rates, discount points, loan fees, principal, interest, ... more...

2nd Mortgage - Better Than Refinancing
You have probably received refinancing offers in the mail or advertised online touting your ability to pull out your homes equity. But a 2nd mortgage, also called an equity loan, may be a better financing option than refinancing your mortgage. 2nd mortgages are ideal when you just want to tap into ... more...

Bad Credit Home Mortgage Lenders - 3 Things to Expect
Home mortgage lenders can get you into a home even if you have bad credit. When dealing with a subprime lender, you can expect easier application requirements. You can also choose just the right mortgage terms, from a fix rate to an interest only mortgage. Most importantly, you can expect ... more...

How to Choose Your Real Estate Lender
Because you need quick action when applying for a real estate purchase loan, find a lender you can access easily. A lenders quick response signifies good service to follow.Once you know your middle credit score, look for a lender appropriate to your specific needs. When ready to make offers to ... more...

Cash Out Refinance - Things to Know About Refinancing Your Mortgage To Get Cash Out
A cash-out mortgage allows you to refinance your mortgage and pull out part of your equity. Before deciding how much to cash to use, be aware of the impact of PMI and equity amounts. However, you may find the benefits of refinancing outweigh the costs.Cash-Out Mortgage BasicsWith a cash-out ... more...