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 .. |
|
|
Bad Credit Mortgage Refinance Tips
by Jeff Lakie |
One hundred percent mortgage refinancing enables you to use your equity in borrowing and at the same time could very well make your interest rates lower. In order to be approved for a refinance that is cash out, you will have to have perfect cred .. |
|
2nd Mortgage or Refinance and Cash Out
by Louie Latour |
A second mortgage is simply an additional mortgage secured by your property. As a homeowner with equity in your home you might consider using a 2nd mortgage to pay off high interest debt, pay for college tuition, or renovate your home. The .. |
|
How Lender's Set Mortgage Rates
by Jason - |
Ever wonder how lender's come up with the rates they do? You can stop wondering, cause I'm going to tell you how. We all answer to a higher mortgage rate power, namely the secondary market. The secondary market is where Fannie Mae, Freddie Mac, an .. |
|
Home Equity Line of Credit - Do Rising Interest Rates Spell Trouble?
by essmeier |
A home equity line of credit is one of the most useful tools that a homeowner can have in his or her financial arsenal. A line of credit is a financial tool that is always there, allowing a homeowner to borrow money when needed for such emergencies a .. |
|
Mortgage vs. Reverse Mortgage: How Do You Put Your Mortgage in Reverse?
by John R. Blakefield |
Many people look at the process of a mortgage and wonder how exactly do you put your mortgage in reverse? In order to understand a reverse mortgage, let's first investigate at a normal mortgage for a first time home buyer. When you first sta .. |
|
How Mortgages Work in the Primary and Secondary Market
by John R. Blakefield |
There are many institutions that loan money to home buyers. Commercial banks, private lenders, credit unions, mortgage bank companies, insurance companies and pension funds. It can get confusing as things are always changing in the mortgage indust .. |
|
Is a Risky Mortgage Right for You?
by Martin Lukac |
The use of nontraditional mortgages, such as interest-only and payment-option, has risen along with home prices and the real estate market. Should you take the risk? The Federal Reserve and other government regulators are concerned that thes .. |
|
|
|