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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Need a Real Estate Loan? Mortgage Credit Requirements Not the Same as Auto Financing
by Jeanette Joy Fisher |
Qualifying for a real estate purchase requires different credit than auto financing or credit cards. In fact, you may be able to go out and buy a new car today, but you might be turned down for a home mortgage. On the other hand, you could go out .. |
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Understanding How to Get Easy Home Loans for the Self Employed
by Andy Lee |
There are three specific criteria that make any loan work. They are: 1. Collateral - What you have of value (assets) to place at risk if you should default on the loan. 2. Capacity - Your ability to pa .. |
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Mortgage Brokers or Banks: Which is Right For You?
by Lana Hampton |
When you're looking for a home loan, you might work with an officer at a bank or other lending institution, or you might choose to work with a mortgage broker. The end result is the same - a new house, but the two types of jobs differ. Bank .. |
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Reverse Mortgages: When Is One Right For You?
by Allen Daniels |
How do you know if a reverse mortgage is right for
you? The answer depends on your current financial
situation of course. But other factors such as your medical condition and
lifestyle are important in determining whether or not
a reverse mo .. |
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Home Mortgages: Think Before You Borrow
by Douglas Hanna |
In today's overheated housing market, lenders are making it easier and easier to get a mortgage. For example, some lenders have lowered the credit score needed to qualify for a mortgage. Others have increased the debt load that borrowers can carry .. |
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Refinance Your Home Mortgage Online
by Jim Edwards |
The largest financial obligation most people ever take on couldn’t escape the reach of the Internet. Home mortgage loans originated online comprise an integral part of one of the largest and most profitable aspects of the banking industry. Unlike .. |
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Ten Things a Mortgage Processor Must Know to be Effective
by Stephanie Graham |
From time to time, we hear a story about a processor gone bad. A processor that seemed so knowledgeable early on but now isn’t keeping pace and can’t seem to get along with anyone. Many unhappy customers, unhappy loan officers, and denied files la .. |
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