Special Circumstances with your Mortgage
There is such a thing as special circumstances and these occur when your application is a little iffy. In these cases your mortgage application will be rejected or else the lender will ask you for some more information and documentation in order to deal with any problems that they feel have arisen. ... more...

No Money Down Mortgage Loans How to Buy a House with No Money Down
Fortunately, homebuyers do not need a large cash reserve in order to purchase their dream house. Before mortgage lenders begun offering different types of loan programs, those interested in buying a house would have to save money for a down payment. This made it impracticable for many ... more...

Mortgages for Dummies: Refinancing after Bankruptcy
People file bankruptcy for a variety of reasons: divorce, medical reasons, or loss of employment; whatever the reason, do not think this is a stain you will never overcome. There are mortgage lenders that specialize in financing individuals with bankruptcy or other credit problems. In fact, bad ... more...

Sub-Prime Mortgage Loan - How Sub-Prime Loans Differ from Conventional Loans
Sub-prime mortgage loans offer more flexibility than their conventional mortgage loan cousins. With terms determined by Freddie Mac and Fannie Mae, conventional loans have strict guidelines on loan amounts, terms, and PMI requirements. With sub-prime mortgages, lenders can provide more ... more...

Zero Down Home Financing - No Money Down Mortgage Loans
Zero down home financing helps you buy a house with little out of pocket expense. Instead of depositing $60,000 to $20,000 to get in your home, the most you will pay are closing costs of a few thousands. No money down can also help you buy a vacation home without completely depleting your ... more...

Eight Common Predatory Lending Schemes
Predatory lending is far more prevalent in refinancing than in the purchase market. One reason is that buyers tend to look for mortgages from established and recognized lenders, many of whom are bound by rules put forth by Fannie Mae, FHA, or the Veterans Administration. If they don't follow the ... more...

Home Loans For First Time Buyers With Bad Credit
First time home buyers with bad credit have a lot of options when it comes to financing their purchase. You dont need to worry about getting approved, since almost all applications are accepted today. Instead, you should focus on getting the best rates and fees on your home loan.Get Your Credit In ... more...

Sub-Prime Mortgage Loans - Things You Should Know About Sub-Prime Mortgages
Sub-prime mortgages are not that much different from average mortgages. They have interest rates, points, and fees. They can be compared online, and they have seasonal trends. The only real difference is that as a borrower with a less than stellar credit record, you will have to pay a slightly ... more...

The Home Buyers' Guide To Understanding Mortgages In Amsterdam New York
Mortgages are not one-size-fits-all propositions. You truly need to do your homework before signing a major contract. If you bite off more than you can chew, you may lose your good credit status, as well as your home. One of the first steps you can take is to audit your finances. Know what you can ... more...