What is prime rates - Car Loans After Bankruptcy - How Poor Credit or a Recent Bankruptcy Can Affect Your Loan Approval



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Mortgage Professor about prime rates:

Is This a Good Time For an HEL?
7 June 2004 "I have a first mortgage for 161K at 7.125%, a second for 40K at 7.5%, and 50K of credit card debt at 13-19%. We could refinance the first and second mortgages into a fixed-rate loan at 6.25%. But we could also refinance them into a home equity loan at 4% (prime ... more...

Why Is the Loan Rejection Rate Rising?
March 20, 2000 "I have read that in recent years loan rejection rates have increased, especially among lower-income people and minorities?Why do they continue to get the short end of the stick?" You are ... more...

prime rates related definitions

Prime Rate
Prime Rate In North American banking, the prime rate is the interest rate a banks charge to their best or "prime" customers. Each bank will quote a prime lending rate. Many institutions quote prime rates established by large money center commercial banks such as ... more...

Adjustable Rate Mortgage, ARM
Adjustable Rate Mortgage (ARM) Also known as a variable rate mortgage. The interest rate on these mortgages changes periodically. Variable or adjustable loans are loans whose interest rate fluctuates over the period of the ... more...

More about prime rates

Get Free prime rates 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...

Car Loans After Bankruptcy - How Poor Credit or a Recent Bankruptcy Can Affect Your Loan Approval
If you have poor credit or a recent bankruptcy, you can still get approved for an auto loan through sub prime lenders. Sub prime lenders specialize in financing auto loans to people with adverse credit. And a car loan can help you rebuild your credit history, enabling you to qualify for lower rates ... more...

Financing a Home With Bad Credit
Financing a home with bad credit is a common problem for people. Over 25% of homes in the US are financed through sub prime lenders, who offer financing to high-risk borrowers. While sub prime lenders charge higher rates and fees, through comparison shopping you can find a competitive financing ... more...

Buying a Home With Poor Credit Is Easier Than Ever
Buying a home with poor credit is easier than ever with online mortgage brokers. You can easily find sub prime lenders, compare rates and terms, and complete the process on your schedule, not the banks.Online Sub Prime LendersSub prime lenders have moved online to offer their services nationwide. ... more...

Printing, Promotional Products, I live in Montreal, Where's My Free Lunch?
Look around everbody is offering you a great deal. How many offers do I get from credit card companies offering no interest or very low interest on cash advances? Visa, Mastercard and American Express all offer below cost rates to entice you to their lines of credit. Why do they do this? ... more...

100% Mortgage Refinancing - How to Get Approved
100% mortgage refinancing allows you to borrow against your equity, while hopefully lowering your interest rates. To get approved for a cash out refinance, you need to have excellent credit. Otherwise, you need to work with a sub-prime lender or apply for a line of credit.What 100% Refinanced ... more...

California Bad Credit Mortgage Loans How Credit Ratings Affects Approval
Applying and getting approved for home loans with bad credit is doable. Unfortunately, those who accept a bad credit loan must be willing to pay slightly higher interest rates. The average mortgage rate is about 6%. If you have excellent credit, it may be possible to get approved for a home ... more...

Adverse Credit Mortgages - Getting Approved with a Low Credit Score
Having good credit affords more home loan options. Luckily, many mortgage lenders understand that bad credit happens, thus many are willing to offer home loans to people with low credit scores. Of course, the best way to improve your odds of getting a low rate is to boost credit rating. Still ... more...

Bad Credit Mortgage Lenders - How to Get the Lowest Mortgage Rate
When submitting an application for a mortgage loan, obtaining a low interest rate is a top priority. A low interest rate may reduce your monthly mortgage payment, which may present the option to purchase a larger home. If you have good credit, finding a home loan with a decent or low rate is simple ... more...

Bad Credit Mortgage Company - Recognizing Mortgage Lender Scams
Mortgage lenders recognize the value of owning a home. Because some people will not easily qualify for a home loan, several lenders have begun offering home loans to tailor a variety of needs. For this matter, bad credit mortgage lenders have gained widespread popularity. The majority of bad credit ... 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...

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