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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5 Ways to Use Your Home Equity Line of Credit
by Nicole Soltau |
Your home is a source of pride and accomplishment. Did you know that your home can also be an affordable source of income? As your home appreciates and you make your monthly mortgage payments you build what’s called equity. You can access this equ .. |
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Flexible Mortgage Tips
by John Mussi |
Outlined below are some useful flexible mortgage tips. The most prominent addition in recent years to the mortgage industry has been the flexible mortgage. As the name implies, it offers greater flexibility than the traditional mortgage. Fle .. |
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What is an Offset Mortgage?
by John Mussi |
An offset mortgage is very similar to a current account mortgage - but instead of having everything all in one account, all accounts are held separately. The offset mortgage concept treats your money as one giant pot, with each element (mort .. |
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What Exactly Is A Reverse Mortgage And How Does It Work?
by Chris Rodriguez |
A reverse mortgage is a certain loan that allows the older generation to take their home equity and turn it into cash. With this type of loan the bank is actually paying you monthly out of the equity in your home. The funds from reverse mortgages .. |
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Escrow Accounts, Do You Absolutely Need One?
by Chris Rodriguez |
With escrow accounts the money for your home insurance and property tax is added to your monthly mortgage payment and is paid out each year. With that said, you may think that having an escrow account takes the responsibility off your shoulders be .. |
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What is a Current Account Mortgage?
by John Mussi |
Current account mortgages are fairly new to the sector. They are quite different to other types of mortgage as they enable you to set off all your savings and debts in one single account. Several lenders offer this type of flexible mortgage .. |
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Advantages and Disadvantages Of A Reverse Mortgage
by Paul Jesse |
Betty and John, are in their mid-seventies and are currently weighing the advantages and disadvantages of a reverse mortgage as a way of freeing up some cash. The couple purchased their home 45 years ago for about $14,000 since then home values ha .. |
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