Bad Credit Mortgage Loans - Are You Killing Your Chances Of Getting Approved?
by Carrie Reeder |
When you have poor credit, your list of lenders that will approve you for a home loan can shrink down very small. You want to make sure that you are doing everything in your power to keep your credit rating as high as you can.
Many peop .. |
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Mortgage Loan Basics: Interest Only Loans, Pay Option ARM
by Martin Lukac |
Mortgage Loan Basics To understand loans and mortgages we need to understand loan limits first. If your loan amount exceeds the amount below, you will qualify for a Jumbo Loan, which carries higher interest rate. One-Family (single fam .. |
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A Quick Look at Home Equity Line of Credit
by Oliver Turner |
What do you mean by home equity line of credit? To borrow a sum of money against your equity is popularly known as home equity line of credit. You can use this amount to reconstruct or renovate your home, to pay your medical bills, to financ .. |
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Different Flavors of Interest Only Mortgages
by Dennis Estrada |
Just like an ice cream. Interest Only Mortgages come in different flavors. However, it does not mean that one type is better than the other. When you purchase a home, mortgage lenders consider the home as an investment. Each type of Interest Only .. |
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Negative Amortization and Interest Only Option Mortgages
by Jason Bertrand |
An interest only option mortgage loan is a mortgage that only requires one to pay the interest portion of ones mortgage payment. An interest only option is an attachment to another type of loan. Either a fixed rate or an adjustable rate mortgage c .. |
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Mortgage Loan – Find The Perfect Lender Online
by Louie Latour |
When shopping for a mortgage you have a variety of choices when it comes to lenders. There are traditional banks and credit unions, brick and mortar mortgage companies, and online lenders. All have their advantages; however, how do you know whic .. |
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Reverse Mortgages - Get The Money You Need - Part 2 of 4
by Ken Black |
To recap part 1, Reverse Mortgages are loans that allow you to borrow back the equity in your home. If you are 62 years of age or older, they are a way to borrow against the equity in your home to provide you with tax-free income. Probably a good .. |
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Mortgage Loan – Shop Smartly or Pay Too Much
by Louie Latour |
Shopping for the right mortgage loan is the best way to save money provided you do it correctly. There are a number of mistakes to be made along the way; mistakes can cost you thousands of dollars. Here is what you need to avoid making them. .. |
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