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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50-Year Mortgage Now Available
by Martin Lukac |
Mortgage lenders are offering a new product to assist home buyers in purchasing a home at an affordable monthly payment -- the 50-year mortgage. A recent report in USA Today, shows that a handful of lenders have started offering 50-year adju .. |
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Study Shows Immigrants More Likely to Have Subprime Mortgages
by Martin Lukac |
A new joint study based on the 2004 Home Disclosure Act revealed data that indicates that not only minorities and women receive an unusually high number of subprime mortgages, despite the borrowers' economic status. The study found that all .. |
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Many Homebuyers are Surprised by Rising Mortgage Payments
by Martin Lukac |
It may have seemed like a perfect solution to many homeowners and buyers. Refinancing or purchasing with an attractive low-cost option mortgage seemed a perfect financial solution. But now that interest rates are adjusting on many mortgages, .. |
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FHA Offers New Limits on the Renovation Loan Program
by Martin Lukac |
A streamlined version of the FHA's 203(k) renovation loan program will allow borrowers to add the cost of repairs to their mortgages. Under the new version of the program, buyers can roll the cost of minor repairs such as old appliances and .. |
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Lenders' Exit Fees Under Investigation
by Michael Hanna |
With most buyers borrowing well over £100,000 to buy their property, lenders’ exit fees – usually in the region of £50 to £300 pounds – are a tiny percentage of the overall mortgage costs. Yet these penalties have created so much anger, that s .. |
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A Few Tips for First Time Buyers
by Amanda Pane |
It cannot be denied that emotions and excitements are associated with house purchasing. So it is necessary for first time home buyers to collect themselves and take care of a few things seriously to be really happy after buying a house through mor .. |
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Home Buying Tip: 7 Ways to Avoid Unethical Lenders
by Brandon Cornett |
Purpose of this home buying tip: To give you the information you need to protect yourself from unethical or "predatory" lenders during the home buying process. What's a Predatory Lender? Unethical lenders are commonly ref .. |
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