If you are new to borrowing and are just looking for your first home, then you probably are unsure about how mortgages work, and what the various types of mortgages are. If you are about to get your first mortgage, then you need to know the basics of what mortgages are and their various...

The adventure begins. As you enter into a loan process, be diligent in expressing your concerns with questions you need answers to. Fining out your plans, and the results you want from refinancing your home is our beginning point.

You went through a long drawn out process of paperwork...

Loan Comparison: Interest Only Home Equity Loans Versus Balloon 2nd Mortgage

What is an interest only home equity loan? This is a loan where the principal borrowed is not paid back each month only the interest is repaid. The principal borrowed may be due in 10, 15 or 20 years. A borrower...

The Bad Credit Mortgage Company How To Avoid Predatory Mortgage Lending Companies

One of the most important parts of choosing a bad credit mortgage company to work with is avoiding predatory lenders. Predatory lenders run smooth operations, and specialize in taking advantage of those who...

In recent years property values have soared, while investment returns have been modest. This has created a situation where a lot of seniors are finding themselves in the position of being house rich and cash poor. These cash strapped seniors are looking for ways to increase their retirement...

If you are a loan officer or mortgage broker, you may be on the market for live transfer leads mortgages.

This particular type of lead is not such a bad choice when you are determining what type of lead you want to work with.

The live transfer lead works like this.

You sign...

Honesty is the most important aspect of dealing with mortgage brokers. Unfortunately not all brokers are forth coming with certain information that would allow you to trust them and make an informed decision about the deal they recommend. Dont get me wrong not all mortgage brokers are bad. Just...

The first time that many of us will think about life assurance is when buying our first home. Many mortgage lenders insist that life cover is taken out when offering a mortgage, to ensure the loan will be repaid if the borrower dies. Even if this is not the case, it is prudent to do so if you...

Life after Bankruptcy – How to Restore Your Credit after a Bankruptcy and obtain a mortgage

It is unfortunate that many bankruptcy attorneys do not give their clients more direction with regard to restoring themselves after their bankruptcy. There are some simple steps that anyone...

Wouldn’t it be great if everything in life came with a checklist? Unfortunately, for most of us we have to learn life’s lessons the hard way – by experiencing them! Fortunately, for home buyers there are some rules of the game that are well known and can help you avoid major...

The mortgage industry is a highly competitive one, so it is considered wise to shop around for the best deal and let the mortgage companies fight for your business.

The mortgage industry exceeds far beyond that of the banks you see on every street corner as you head into...

A committee appointed by President Bush has come up with an alarming recommendation. They want to limit the tax deduction for mortgage interest!

Reform

Following his re-election, President Bush set up an aggressive agenda in which he hoped to reform social security and the tax code...