Refinancing an adjustable rate mortgage (ARM) is a common practice for borrowers. However, it may not always be the best option. Depending on how high interest rates climb, there are […]
As the real estate price are booming up for the last five years, homes are selling for 33% higher than the last few years, this has made more difficult for […]
If you are a loan officer or mortgage broker on the market for mortgage leads, you will have a few different varieties to choose from. For starters, your budget is […]
A loan is basically a product and like all products, its sales pitches can be exaggerated. The end result is that you end up with a loan that may not […]
If you have just bought or are considering buying a new home, then you will also need to plan the process of moving home. While there are many things that […]
Interest Only Mortgages Interest Only Mortgage is a means to payback a certain mortgage. On availment of interest-only mortgage, monthly amortization does not include any partial payment of the loan. […]
A relatively newer concept in the lending market has been the emergence of brokers. The role of a broker becomes all the more important in an adverse credit mortgage or […]
A mortgage is nothing but a loan secured against the property that is your home, here secured means if you are not prompt with your loan payments, the lender has […]
So, you are planning to buy your perfect house or commercial property but don’t know what your options are in the mortgage department. Well, there are tons to choose from […]
What Is Capital and Repayment Mortgage? “Repayment mortgage (also called a capital-and interest loan) Your monthly payments gradually pay off the amount you owe as well as paying the interest […]
The mortgage industry accounted for $1,815,949,279,000 in loan transactions in 2004. That’s one trillion, eight hundred and fifteen billion, nine hundred and forty-nine million, two hundred and seventy nine thousand […]
As an older American you can turn to “reverse” mortgages to seek money to pay off your current mortgage, finance a major home improvement, supplement your retirement income, or to […]
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