What can you do if you receive a foreclosure notice?
Are You Thinking About Refinancing Your Home?
With interest rates at the lowest in years, it may be time to consider refinancing your home.
Assumption, Assuming a Mortgage
This type of mortgage scenario might just be a nice fit for someone who is looking to save money on closing costs and assume a low interest rate.
Advantages of a Fixed Rate Mortgage
This is the most popular type of mortgage as the monthly payment for interest and principal remains fixed through out the mortgage term, Property Insurance and taxes may increase but the monthly repayment of the amount will be stable.
Agreement of Sale
When the time comes for you to purchase your new home, both you and the seller will have to come to an agreement.
An Overview of Reverse Mortgages
If you own a home, you know mortgage products have moved beyond the basic 30 year fixed option. Reverse mortgages are one such product and here is an overview.
The deal with single lender rule and the single lender list
After the decision of choosing student loan consolidation and having a look at the market for those special offers, problems may still occur. The single lender rule may come into discussion and change it all
The problem of the single lender rule
What is the single lender rule? Well, according to the single lender rule, if you are a student and you ask for a student loan, your request is sent through to the Department of Education which will decide who your lender will be. This action leaves you with very few options. Students are often stuck with one lender, due to the single lender rule, a rule that has many disadvantages.
Save Money on Your Mortgage Loan
The earlier you start paying additional sums during the life of the loan, the better. The principal balance will slowly start decreasing and before you know it, you will see a substantial reduction.
Personal loan fact sheet
There are two main types of personal loans: secured and unsecured. Unsecured loans are not tied to any of your assets, but secured loans are – usually to your property, which is why they are often called homeowner loans.
Obtaining an Income Property Loan
Acquiring an income property is a major real estate investment that requires much of the investor, as well as any other partners. Essentially, when you seek a loan for your investment, the bank becomes your newest business partner.
Loan Prequalification A Potential Trap
As with much of the real estate industry, the mortgage industry uses terms that sound great, but really are not what they sound like. The loan prequalification is such a phrase.