Published: Fri, 30 Sep 2016 05:34:50 -0500
Tue, 27 Sep 2016 07:29:35 -0500Whether you are using a mortgage as part of your financing of a new (for you) home, or in order to finance, it is wise, to fully understand your alternatives, and consider them carefully. Since for most people, a home is their single largest financial asset, doesn't it make sense to proceed wisely, carefully, and in an informed manner? While there are numerous types of mortgages, let's discuss those referred to as Jumbo Mortgages, and consider them in relationship to Conventional Mortgages.
Thu, 22 Sep 2016 08:14:40 -0500Living trusts have become a common tool for managing financial assets due to estate planning and tax benefits that they may bring. While establishing a trust, you must decide whether it should be a revocable or irrevocable.
Tue, 20 Sep 2016 14:08:35 -0500According to a recent survey from bls.gov, the United States has created over 250,000 new non-farm jobs as of July, 2016. This, in effect, overshadowed the previous prediction of 180,000 that had been speculated by various economic tabloids. While to the average citizen this might sound like great economic news, that's not necessarily the case for those eyeing fresh mortgages as the rates are now expected to skyrocket. So, does this necessarily mean that the 2016 refi boom window has already closed?
Mon, 19 Sep 2016 08:01:00 -0500VA mortgage loans carry specific benefits for eligible service members and veterans in the United States. This article outlines the military mortgage application process for potential homebuyers.
Thu, 08 Sep 2016 10:33:30 -0500In Singapore, public housing usually refers to HDB flats. The term HDB stands for Housing Development Board, which is the statutory body that looks after public housing in Singapore. In other words, HDB flats are public housing developed by HDB for the public to own as home.
Wed, 07 Sep 2016 09:11:44 -0500With a reverse mortgage, the homeowner receives payments instead of making them. Here are a few ways that seniors make use of those funds.
Fri, 02 Sep 2016 15:09:23 -0500Military mortgages are designed to enable service men to acquire homes affordably. They are covered by the government and are available to all active military personnel.
Tue, 30 Aug 2016 10:54:33 -0500If you wish to increase the customer base of your business and enhance your revenues, your best option would be to buy live transfer leads. These leads have high chances of conversions that can help you achieve your goals quickly. Read this article to know how exactly you can do this
Wed, 24 Aug 2016 14:38:52 -0500Mortgage refers to an understanding that permits a money lender to take property (and offer it to raise money) when a borrower neglects to pay. Following are the types of mortgages you should know.
Fri, 19 Aug 2016 09:50:25 -0500Attaining a reverse mortgage on a manufactured home is a unique process. This article will inform you of the particulars.
Thu, 18 Aug 2016 14:49:17 -0500Refinance can easily be put in the too hard basket however it may not be as hard as you think and in most cases you will be financially rewarded for your efforts. With Interest rates at an all time low now might be a great time to shop around.
Tue, 16 Aug 2016 15:34:25 -0500There may be many lead generation firms that offer personalized and exclusive mortgage leads. If you are into mortgage business, you can benefit greatly from these leads provided you know how to convert these prospects into clients in an effective way. If you are not aware of this, this article should help you
Wed, 10 Aug 2016 13:13:48 -0500Many people wonder what a remortgage is. Remortgaging is the process where you pay off your existing mortgage, then switch to another lender.
Mon, 08 Aug 2016 15:39:09 -0500Total Debt Service Ratio (TDSR) became a household term for mortgage borrowers of properties in Singapore. This is a new mortgage framework introduced by the Monetary Authority of Singapore (MAS) to strengthen the crediting practices of financial institutions in Singapore. Four years after the Global Financial Crisis that almost resulted in a meltdown in the global banking system, Singapore introduced the TDSR framework on 28 June 2013 to regulate all mortgage issued by financial institutions in Singapore.
Tue, 02 Aug 2016 14:11:20 -0500Enjoying your retired life would mean having some extra money on your hand that you can use, without worrying about repayment. If you haven't really planned to save up that extra money, a reverse mortgage can help you. This is an amount that you can obtain based on your home equity. You need not repay this amount as long as you live in the house that you own. The only criteria is that you need to be 62 or above.
Thu, 09 Jun 2016 13:10:35 -0500Becoming a homeowner represents a major life milestone. But from a financial point of view, purchasing a home is not a one-time event; it is the foundation for a variety of strategies over the course of a lifetime.
Thu, 09 Jun 2016 12:42:00 -0500Getting a low-doc loan is one of the best ways to lay hands on a stream of funds with the least amount of verification. With so many mortgage finance options, you'll require filling out a mountain of paperwork along with verifying different pieces of information.
Tue, 31 May 2016 07:35:51 -0500HECM is a mortgage program that is designed to get people the chance to own homes affordably. It is important to know all the facts about it to get a clear perspective of what to expect.
Fri, 27 May 2016 13:55:26 -0500There are many ways of refinancing a commercial mortgage; once these ways are implemented, they will improve the fiscal outlook of a business. So we are just giving you, the borrower, four factors that will motivate you to refinance a mortgage that is commercial in nature. Going to the fixed rate again - Many times, business owners get commercial loans having adjustable rates; these loans enable you to: Keep the initial cost of the business low Capitalize on the low interest rates provided by the market...
Thu, 19 May 2016 12:26:55 -0500In this 1,600 word article, Paul explains that so many mortgage interviews are stifling, scripted and interrogative and needn't be so. They've been structured by risk averse compliance people, and they truly are interviews. Paul then shows you a step by step approach to ensure you have a conversation and the customer gets a fulfilling experience not an interrogation.
Wed, 18 May 2016 13:14:24 -0500The Home Affordable Refinance Program (HARP) is designed to help those in need to refinance their homes to a more stable loan due to harsh economic times. If you qualify for HARP, you may save thousands of dollars a year on a new home loan.
Thu, 12 May 2016 08:32:20 -0500The interest rates on all mortgages were around 4% throughout the entirety of 2015 but this rate is expected to reach the 4.5 mark. Thus in order to save a significant amount of money with respect to interest rates, there is some proper protocol that has to be followed.
Wed, 11 May 2016 06:24:12 -0500A lot of mortgage leads are generated on the internet. We find that there are hundreds of different ways to advertise mortgage loans on the internet. This article explores a few of the smart ways of advertising mortgages on the internet.
Wed, 27 Apr 2016 15:41:02 -0500Finding the right mortgage company is a lot of work. It is worth it, however, because the right group will make your home-buying process much more smooth-sailing.
Wed, 27 Apr 2016 15:40:30 -0500Home Equity Conversion Mortgages, or HECMs, are a good way for those 65 or older to tap into their home equity. There are several options for reverse loan recipients to access their funds.
Wed, 27 Apr 2016 15:12:00 -0500You may have heard of the term reverse mortgage, but do you know exactly what kind of loan this is? Read to find out more about this financial option.
Fri, 22 Apr 2016 06:54:44 -0500The major problem for maximum borrowers in recent years has not been low mortgage rates, it has been the strict lending needs ascribed by maximum lenders. If you are facing trouble qualifying for a conventional mortgage, a private lender can be a good option.
Thu, 14 Apr 2016 15:14:25 -0500New reverse mortgage information has shown improved statistics over the past couple of years. Senior citizens can use this option as a viable retirement tool.
Wed, 13 Apr 2016 15:16:40 -0500Using a reverse mortgage for purchase of a second home might sound too good to be true. In fact, many older Americans are doing just that in order to be closer to family periodically throughout the year.
Mon, 11 Apr 2016 07:30:16 -0500A reverse mortgage specialist can help seniors choose the best path to a comfortable retirement without giving up valuable Medicaid benefits. If you are a homeowner over the age of 62, you've worked hard for your investment for many years; now is the time to let that investment work for you.
Fri, 08 Apr 2016 15:03:42 -0500If you own your home and are in a financial bind, reverse mortgage specialists might be able to help. Before you meet with them, here are three things you need to know.
Fri, 08 Apr 2016 06:15:36 -0500Anyone shopping for a home will have a number of financing options to consider. Mortgages and loans are just one aspect involved in securing a solid future.
Fri, 08 Apr 2016 06:05:25 -0500Seniors should consider these reverse mortgage FAQs before making the decision to tap into their property's nest egg using a Home Equity Conversion Mortgage (HECM). There are certain FHA-mandated restrictions that apply when accessing a senior's most important asset in order to secure their financial future.
Thu, 07 Apr 2016 15:18:41 -0500A sudden increase in salary or an inheritance of money can obviously make you think about overpaying your lender. However, they get stuck in their deals that won't let them over overpay or just allows a very small amount of overpayment.
Thu, 07 Apr 2016 06:32:03 -0500Figuring out if a reverse mortgage is good for your situation can be tough. Here are three things to think about when deciding if it is right for your situation.
Thu, 07 Apr 2016 06:29:10 -0500Before getting a reverse mortgage, there is a wealth of information to think about before moving forward. It is crucial to be fully aware of all that is involved in the process.
Wed, 30 Mar 2016 14:58:56 -0500There are a variety of misconceptions that reverse mortgage lenders often have to clear up about the lending process. The following are some common myths and facts about this loan option.
Wed, 30 Mar 2016 14:28:54 -0500Home equity conversion mortgages are a great way for retirees to get money out of their home without selling it. There are some restrictions and fees that you should be aware of before you apply.
Wed, 30 Mar 2016 14:28:35 -0500Explore the option of refinancing with your mortgage company to see if there is any financial benefit. Consider whether you need a fixed rate, money for another venture, or a quicker way to pay off your loan.
Fri, 25 Mar 2016 12:55:38 -0500This article briefly reviews the four main residential mortgage options. These mortgage types include: conventional, FHA, VA, and USDA, Understanding the basic guidelines of each mortgage type should help you decide which program will be the most beneficial to you.
Fri, 25 Mar 2016 09:53:25 -0500Finance companies offer wide assortments in financial services. However, it is very important to look into the details to figure out what will work out best, as well as you need to pay close attention to how they handle the money. These are some effective ways to get the most superlative of what the industry has to offer:
Thu, 17 Mar 2016 07:50:19 -0500There are various types of home loans you can choose from that the available options can be confusing. These options usually depend on their duration, interest, and whether the loan is granted by a private financial institution or a government unit. To make sure that you will be choosing the right type of home loan to apply for, below are some key considerations that you have to bear in mind.
Wed, 09 Mar 2016 09:59:37 -0600Mortgages are so important these days and they are actually a big help both for the lender and the borrower. However, choosing the right mortgage is not an easy decision to make. Commonly, people only look at the rate of interest being charged, the mortgage tenure and the type of mortgage. Well, these are very important points to consider and analyze but there are more things to know about before signing the deal. Here in this article I would like to throw some light on one of the most important points in this regard. It is the Mortgage Charges.
Fri, 04 Mar 2016 10:53:44 -0600Charges and mortgages are two instruments that ensure creditors' protection. Precisely, all creditors need to ensure that they will receive payment for their services or that their loan will be repaid.
Wed, 02 Mar 2016 14:06:07 -0600When you're seeking a lending solution, you face a number of questions, comments, paperwork, and effort. You have to hunt down a home that you like, compete with other home-seekers to put a bid in, arrange your finances-and then there's your mortgage lender asking you questions. Here are a few tips on what they can ask, why they ask, and what they definitely cannot ask.
Wed, 02 Mar 2016 11:51:40 -0600Mortgages are often considered to be an option for the middle-aged group but the desire to own a house can come at any age. Thus, even the older group may want to avail mortgages to finance their house. Honestly there is much less options available for this group but not zero option for sure. If you are an older borrower it may not be easy for you to find a lender but like mentioned before there is always a thin chance. Let me explain some of the things that you will need to know or drag in favor to get a lender come on your side of the river. This tendency to lend to the old group has started in these last 5 to 10 years.
Tue, 01 Mar 2016 14:06:32 -0600Owning a house is a dream that everyone strives to materialize. Many are successful and that is because there are so many types of mortgages available in the market. However, when you are planning to construct your own dream house then a conventional mortgage may not be the right choice for you. So what is the other option? Well, the other option is to get a specialist self build mortgage. Remember that such mortgages are offered only by a few lenders. Building your own house can be a very exciting experience but you should be very careful and plan your finances well to avoid regretting later. While building your own house, there are two ways to get the work done - one is by supervising all the work yourself and the other is by hiring a contractor to manage everything on your behalf. In both the cases, getting a standard mortgage sanctioned is not possible. So, self build mortgage is the option that you have to go with.
Mon, 29 Feb 2016 13:54:34 -0600A variable interest rate home loan is a loan where the interest can change from one month to another. In a stable economic environment these changes should be quite moderate but you always run the risk of increases in interest rates and these can increase significantly over the life of your loan.
Thu, 25 Feb 2016 06:36:28 -0600There are several options for those interested in seeking equity on their home. The following reverse mortgage information can provide some of the basics for those getting started.
Thu, 18 Feb 2016 13:53:20 -0600If you are a first time buyer, you are most likely to have more questions or rather confusions in your mind. Perhaps, reading down the lines of this article will clear some or maybe all the doubts that you have in mind. One thing that you must understand before you proceed any further is that falling house prices has been brought in balance by the overall credit crunch. In spite of all these, there are a number of options available for mortgage seekers.
Fri, 05 Feb 2016 14:30:20 -0600Mortgaging is a rather complex process and this is a blunt truth but here I would like to take you a step deeper into the complexities because the topic of my discussion is remortgaging. The primary question that will be answered in the lines below is, 'Is remortgaging the right choice for you?' The other questions that will be answered are - What are the primary reasons for remortgaging and how to make the decision to remortgage?
Fri, 05 Feb 2016 14:21:20 -0600Securing a home loan will require solid paperwork on your part to prove your candidacy. Read on to know how you can get one instantly without any headaches.
Mon, 01 Feb 2016 09:52:50 -0600In certain situations, an individual may only qualify for mortgage financing through the Federal Housing Administration. This article summarizes the exceptions to obtaining a second FHA mortgage.
Thu, 28 Jan 2016 13:53:02 -0600Buying and owning a home, exciting. Searching and arranging for a home loan that fits your financial situation on your own, not so exciting. Many home owners find the home loan process can be complex and time consuming.
Tue, 19 Jan 2016 15:45:19 -0600For many people, planning to buy a house can be really stressful and it requires time and effort to ensure that you make a smart investment. The last thing you want is to make a decision without fully understanding the responsibilities you need to honour and knowing the arrangements available to you that can make the responsibilities attached easier for you to manage. And because of this, many experts advise people who are set on pursuing their dream home that it's imperative to consider what a mortgage broker can do to help.
Mon, 18 Jan 2016 07:53:44 -0600The Monetary Authority of Singapore (MAS) has broadened its refinancing regulations/exemptions about refinancing loans related to owner occupied properties bought before the Total Debt Servicing Ratio (TDSR). However, the TDSR threshold of 60% continues to apply in all of the investment property loans.
Thu, 14 Jan 2016 09:37:16 -0600Incidents of the mortgage defaults are rising and so are the organizations that provide mortgage for bad credits. The procedure that such an organization follows is not as complicated as the mortgage process of a financial institution like banks, but they do consider some things.
Wed, 13 Jan 2016 06:49:39 -0600A reverse mortgage specialist is there to assist customers in getting the money they need out of their home. There are a couple of different ways to make this happen.
Wed, 06 Jan 2016 10:24:29 -0600Even if you have recently changed jobs you can still qualify for a mortgage, provided that you are properly prepared. Communicating with your lender and having the correct paperwork on hand and ready to go can make this process go smoother for all involved. Make sure you follow the steps your lender sets out for you so you can close on your new home when you want to.
Mon, 04 Jan 2016 15:31:18 -0600This article explains the nuances of Fannie Mae's renovation mortgage product. It allows homebuyers or homeowners to finance repairs, improvements, and renovations into a single mortgage.
Sun, 20 Dec 2015 16:50:21 -0600The short of it is this: If you want to land a solid loan with minimal interest and least trouble you'll need to go the traditional route. And for that you'll need a solid FICO score and excellent credit history. That's called a prime loan.
Fri, 18 Dec 2015 11:36:51 -0600With banks tightening their lending rules after the last few years' rash of foreclosures, more and more people are turning to private lenders as an alternative. Banks consult the strength of your FICO score and your credit history to determine your trustworthiness. They then loan you, or refuse you a loan, accordingly.
Fri, 18 Dec 2015 10:13:29 -0600Lao Tzu says that "Those who have knowledge, don't predict. Those who predict, don't have knowledge."
Thu, 17 Dec 2015 15:37:41 -0600Not only do you need to research and evaluate loan terms when getting a mortgage, you also need to evaluate the lender. Knowing who to borrow from is the first step in securing your home financing.
Thu, 17 Dec 2015 15:36:35 -0600When house hunting, most people need some sort of financing to afford the investment. Before approaching lenders, borrowers need to know their credit scores and understand the different types of loans.
Thu, 17 Dec 2015 12:59:55 -0600To obtain a mortgage whilst based overseas for the UK isn't that easy anymore as you are dealing with banks that are based overseas generally. They take a more serious view to applications as they don't always have the means to credit check applicants income sufficiently. Also there is the fact that income can be from various sources or that the applicant is self-employed.
Thu, 17 Dec 2015 07:12:16 -0600Anyone exploring house financing often wonders about getting a reverse mortgage. FAQ lists will answer every question to provide desired information.
Thu, 17 Dec 2015 06:46:29 -0600Second mortgages are often taken out to cover home improvement projects or to pay off debt. Understanding the APR, additional fees, potential penalties, and insurance plans will help you make a financially advantageous decision.
Thu, 17 Dec 2015 06:45:00 -0600Just like homes, loans come in different shapes and sizes. There are several options available to you, some of which you might not even be aware of as an option.
Thu, 17 Dec 2015 06:44:16 -0600Reverse mortgage specialists can help senior homeowners get the loan products they need to meet their financial goals. Asking the right questions of potential lenders will ensure you work with someone you can trust.
Fri, 11 Dec 2015 10:01:02 -0600Living in Canada is not too tough, but being on a rent can be tricky and the rates can go high. It happens that an individual has enough money and plans to go for a mortgage, then he needs to know a few details and conduct a thorough search prior to going for one.
Mon, 07 Dec 2015 15:04:02 -0600When you're planning to buy a house, one of the most important decisions you should make is about your mortgage. In the situation where you decide that getting a mortgage is your best option when buying your house then the follow-up question is - fixed rate vs. variable rate mortgage? We will discuss more about this topic in this article in order to help you decide which one is most suitable for you. Most importantly, the advice of a professional mortgage broker is what you need at the time.
Mon, 07 Dec 2015 10:42:10 -0600If you are a self-employed home loan applicant, you will have to provide your income proof to the lenders/credit providers. It is because they are still apprehensive of providing a home loan to a self-employed individual. But, do not worry about getting approval. Take help of an expert finance broker and make things easier for you.
Mon, 07 Dec 2015 08:47:36 -0600There are many reasons to consider refinancing your home loan. Before you take the first step, you should understand what your options are and how they can benefit you.
Mon, 07 Dec 2015 08:34:40 -0600People today are living longer, and that is changing the nature of retirement planning. A reverse mortgage can help seniors free up needed cash.
Mon, 30 Nov 2015 13:49:36 -0600New studies reveal that reverse mortgages may be far more beneficial than previously thought. Highly respected professors, economists and financial experts now believe that these tools can play an essential role for all retirees.
Fri, 27 Nov 2015 12:26:31 -0600Many people, particularly, first-home buyers, tend to shop around for the cheapest mortgage rate that they see not knowing, or understanding that these rates dip and fall. If you get an understanding of how mortgage rates work, you will be in a much better position to land one that really works for you and may even be cheaper than the one you're ready to commit to, say, today. The following article explains the different rates and shows which one you qualify for. Talk to a mortgage broker for further assistance.
Thu, 26 Nov 2015 13:04:34 -0600A reverse mortgage is a loan for seniors age 62 and older. HECM reverse mortgage loans are insured by the Federal Housing Administration (FHA) and allow homeowners to convert their home equity into cash with no monthly mortgage payments. This article helps you know whether you qualify.
Mon, 16 Nov 2015 09:45:52 -0600Getting a housing mortgage loan is quite easy, but is it easy to choose which package to go for 20 years? The fixed interest rate is tempting while the floating interest rates are scary. Which one is best for you in this present economic climate?
Fri, 13 Nov 2015 06:29:12 -0600If buying a home/property is your dream, inadequate cash deposit cannot create problem in fulfilling your dream. Many lenders/credit providers offer low deposit home loans. Understand the options available to you and choose the right low deposit home loan.
Mon, 09 Nov 2015 15:37:24 -0600When we look at lower interest rates and lower monthly costs, on the surface it would seem like a good idea to refinance your home mortgage. However, this is not necessarily the case. Refinancing your home mortgage comes with costs just like the costs incurred while getting a mortgage in the first place.
Tue, 03 Nov 2015 12:00:34 -0600No LMI, no valuation and special discounted interest rates - These are just a few of the several benefits offered by lenders/credit providers to doctors and other medical professionals. Take help of a finance broker and obtain the best home loan package. It's time to make home buying affordable and fast.
Mon, 02 Nov 2015 12:24:51 -0600Applying for a mortgage online certainly does simplify the process. However, it is still very important to put some thought into hiring the right loan officer. Your real estate agent may even be able to refer you to someone they trust.
Thu, 29 Oct 2015 15:05:07 -0500In times of economic trouble, many people seek financial support from reverse mortgage lenders. This option, which can provide financial stability, is most popular for homeowners in their later years of life.
Thu, 29 Oct 2015 12:58:39 -0500Before you sign the papers on your mortgage loan, there are things you must know. Don't rush into it without having this information.
Thu, 22 Oct 2015 11:26:12 -0500Refinancing your home can be an excellent option if you would like to lower your interest rate or consolidate bills. That doesn't mean you can't go wrong with refinancing, as taking out the wrong loan can actually be devastating. To avoid problems later, here are five important questions you should ask your mortgage broker when refinancing.
Tue, 20 Oct 2015 06:28:51 -0500Planning to buy a house? You would need to make a large investment. As you know, a house is one of the most (if not the most) expensive purchases that you make in your life.
Mon, 19 Oct 2015 09:51:10 -0500We take a look at the most common mortgage types and what their pros and cons are. Find out here about tracker, discount and fixed mortgages.
Mon, 19 Oct 2015 07:23:52 -0500Everyone has heard about reverse mortgages these days. However, even with all the television ads, few understand what they really are and how they work.
Mon, 19 Oct 2015 06:19:36 -0500Finding the right mortgage lender can be tough. To avoid the headache and help you find the right fit, follow this advice.
Mon, 19 Oct 2015 06:11:42 -0500Borrowers naturally focus on impressing mortgage lenders. While that's important, it often means that borrowers forget they need to be impressed, too.
Fri, 16 Oct 2015 06:51:49 -0500A look at the pros and cons of releasing equity when you remortgage. Is it a smart financial move? Or will it cost you in the long run? Find out here.
Mon, 12 Oct 2015 07:24:23 -0500When you are refinancing your mortgage the appraisal is the most important part of the process. You want the value of your home to come back as high as possible in order to make the loan to value ratio as low as possible. If your appraisal value puts your home equity at less than 20%, the higher the amount of equity in your property (the difference between the home's value and your mortgage balance) the more competitive the interest rate you are likely to get since lenders consider borrowers with more equity to be less risky.
Fri, 09 Oct 2015 12:57:38 -0500There are a number of different options when it comes to applying for an equity release. Different plans suit different homeowners which is why it is so vital to do plenty of research before making any final agreements.
Wed, 07 Oct 2015 15:07:33 -0500Property conveyancing is a legal process that involves the transfer of home ownership from the seller to the buyer. The process involves different stages that require an experienced conveyancer to deal with.
Tue, 06 Oct 2015 13:42:12 -0500Lenders are financial salespeople. Here's what to really look for in a lender.
Mon, 28 Sep 2015 15:15:26 -0500House repossession can be stopped, but independent advice must be given immediately. Many mortgage lenders do not follow protocol which results in repossession.
Thu, 17 Sep 2015 10:03:30 -0500Financing through a lender can be a nerve-racking experience, but it doesn't have to be! Going to the loan officer with questions in mind and information on hand can be the key to your peace of mind.
Tue, 15 Sep 2015 14:49:40 -0500The UK mortgage market is a competitive one and lenders now have a baffling array of different interest deals to tempt you. Here is a straightforward explanation of what the main types of mortgage deals really mean.
Thu, 10 Sep 2015 06:20:09 -0500This article reviews the guidelines and benefits of the USDA mortgage program. It offers unique benefits to individuals purchasing an owner-occupied house in designated rural areas.