Even if you have a bad credit rating, you may be pleasantly surprised to know that there is a whole sector catering specifically for you. There are brokers who specialise in clients with adverse credit, and can help you find a mortgage deal.
Servicemembers Civil Relief Act (SCRA) Common Questions
Reservists, guardsmen and other military personnel can find answers to questions about mortgage payment relief and protection from foreclosure provided by the Servicemembers Civil Relief Act of 2003 (formerly The Soldiers’ and Sailors’ Civil Relief Act of 1940).
Balloon Mortgages Explained
A balloon mortgage is a loan that is provided for a short period of time for a set amount of money. Balloon mortgages will often involve periodic payments that are made at a fixed interest rate. During this period, the loan may not be amortized. The balance of the loan has to be paid in full at a specific time.
Build Equity By Choosing The Right Mortgage
Homeownership is the key to building wealth for most people because it is an involuntary savings account. As you pay down your mortgage each month, the value of your interest in the home rises.
What You Need To Know About Auto And Home Loans
Getting the best interest on a car or home loan is all up to you.
30 Year vs. 15 Year Mortgages
Discussions of mortgages often focus on interest rates, but there is a much more basic decision to make. Should you go with a 30 year mortgage term or a 15 year mortgage term?
Are You Facing Foreclosure?
What can you do if you receive a foreclosure notice?
The Truth About Endowment Loans
Chances are you’ve heard of an endowment mortgage, but you’re not quite sure what it is. Nowadays this unique type of mortgage is in the news everywhere and is receiving a bad rap from many people. So what’s the truth about an endowment mortgage, and how does it really work?
Secured Loans An Overview
A secured loan is one of the most basic loans you can get. These types of loans are typically only given when collateral has been secured. Many lenders see secured loans as being a safe investment, and they are often given to customers who apply for them and have some form of collateral
Loans for Unemployed
It is one of lifes small cruelties that the times when you need credit most badly, are also the times when lenders are least willing to give it to you. The article discusses different options that are available to the unemployed who are looking for a loan.
Loan Payment Protection Insurance Worth The Cost?
Nowadays, every time you apply for a loan you will most likely be offered payment protection insurance. If you are taking out a particularly large loan, the idea may seem very attractive.
Avoid Predatory Lenders and Get a Good Home Loan
How to avoid predatory lenders and get a good home loan.