[ad_1] Due to recent economic crisis and tightening of mortgage lending requirements and rules, it became extremely difficult to get approved for a traditional home loan when buying a house. A lot of people lost their jobs, were forced to move out of their homes, file bankruptcies and default on…

[ad_1] In the world of lending there are countless factors involved in a securing a loan for a home purchase. This article will give you an overview of the three main loan programs available. When you begin researching loan programs, be sure to contact a mortgage professional for more information…

[ad_1] In a down economy, when obtaining home financing is extremely difficult, getting seller financing is often times a great way to help each party involved with both sides of the transaction. One type of seller-assisted-financing is the Wrap-Around mortgage. In a wrap-around mortgage, the seller will have equity in…

[ad_1] Every American dreams of owning a home, but with property prices touching the sky, this dream remains unfulfilled for many. Don’t let that happen to you. Seek the best mortgage rate and own a home. If your credit history is good, all the more better! You will be offered…

[ad_1] If you feel too constrained from your current home equity loan payment plan, it’s time to reconsider your opportunities. Let’s see the four ways your current home equity loan is constraining you: 1) You have constraints on payments. Simply you have to pay the due amount depending on your…

[ad_1] I’m sure that everyone has in fact heard of the term mortgage especially in the US since it is a common means among people who want some capital when they need to buy a house or a property. When you talk of mortgage costs there are two things to…

[ad_1] They say that only two things in life are certain: death and taxes. What is not certain is how much taxes a person will pay. When it comes to Federal Income Taxes, the bite can be substantial. The top income tax bracket whacks taxpayers for a full 35% of…

[ad_1] Borrowers take out second mortgages against their homes to fund large expenses. Medical bills, college fees and home improvement/remodeling are some of the common expenses that borrowers pay off by taking such mortgages. There are some borrowers and sellers who also enter into a ‘silent second mortgage’ agreement. This…

[ad_1] Buying a home is a big step in your life and should be a very exciting time. Unfortunately, many individuals rush into buying a home with out considering the implications is has on their future. If you’re considering making the move to own it’s important you weigh all the…

[ad_1] A 40 year mortgage, with either fixed or adjustable rates, is starting to receive more attention in the mortgage business. With interest rates rising and real estate prices booming in 2005, lenders are starting to offer the 40 year mortgage as a viable option for buying your dream home….