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Pay Off Mortgage 2x Faster

Pay Off Mortgage 2x FasterIf you want to pay off your mortgage, be free and save thousands of dollars in interest then there is a simple way for you to do it.

We know that any mortgage pay off technique is designed to make sure your money is going to the principle. It seems tough to pay off mortgage amortization schedules because the majority of your mortgage payments are going to pure interest. But, Continue reading

Home Refinancing – Choosing a Lender

Home Refinancing - Choosing a LenderWhen obtaining home refinancing, most borrowers do not consider that they have a choice of the lender that they work with. They also may not be aware that in most instances the broker is different than the lender. Once the loan is placed, the borrower has little or no control over the sale of their mortgage refinance contract, but during the application and documentation phase, Continue reading

FHA Secure Refinance For Reset Mortgage Rates

FHA Secure Refinance For Reset Mortgage RatesAre you a good borrower who has struggled recently with late mortgage payments because your adjustable loan was reset to a high rate, or because of a temporary financial hardship?

The good news is that you may be able to take advantage of the FHA Secure program and refinance into a 30 year fixed rate mortgage. The potential bad news is that you have to qualify using the standard Continue reading

Low-Credit Score Loans

Low-Credit Score LoansYou can still get a good rate on your mortgage with less-than-perfect credit with an FHA loan. A mortgage is a major expense. But it can be even more costly when your credit score is less than perfect as you may end up being charged a higher interest rate for a subprime mortgage.

How do you avoid having to pay a higher rate? One way is to pay down your debt, and establish Continue reading

What to Look for in a Home Equity Line of Credit

What to Look for in a Home Equity Line of CreditThere are certain terms of a home equity line of credit that you should be looking for when shopping around. Certain terms will make the line of credit more beneficial than other terms. So when you are looking for next home equity line of credit, make sure that these terms are associated with the loan before signing on the dotted line.

Application Fee or No Application Fee?

Most Continue reading

The Key to a Loan Modification

The Key to a Loan ModificationDo you want to get a loan modification? Are you struggling to obtain a mortgage modification? Have you been turned down or is your lender using delay tactics? Well, the key to your success might be simpler than you think.

According to an insider report, loss mitigation experts agree that most mortgage modifications are turned down due to poor hardship letters.

If you do not have Continue reading

FHA Mortgages In Virginia, Maryland and Washington DC

FHA Mortgages In Virginia, Maryland and Washington DCThe Mortgage market has radically changed. If you are in the market to refinance in Virginia, Maryland or Washington DC, it is best that you contact a mortgage lender or broker who is well versed in FHA mortgages, and all other options.

Not all FHA brokers or lenders are the same. They have different parameters and different rates. A well versed broker or lender will have a wide variety of options and will Continue reading

Interest Rates May Be on the Rise

Interest Rates May Be on the RiseIf the federal government makes the move to dampen the home buying frenzy by raising interest rates, home owners could continue to see lower home values, according to a local mortgage. The finance minister recently said that his administration would consider raising the minimum down payment to five percent and reduce the amortization period from 35 years.

If the government Continue reading

Mortgage Guide-Learn About Mortgage

Mortgage Guide-Learn About MortgageTerm mortgage refers to a method that is used to secure the property for the payment of a debt. Generally mortgage is related with the loans secured on real property. In certain cases only land is mortgaged. With the help of mortgage, businesses can easily purchase commercial real estate without paying full value immediately. It is also beneficial for the individuals to buy residential property.

In some countries Continue reading

Mortgage After Foreclosure – Easy As 123

Mortgage After Foreclosure - Easy As 123Getting a mortgage loan after foreclosure is not the impossible task many people believe it to be. In this article I will reveal exactly how a friend of mine managed to get a mortgage exactly 18 months after going through a foreclosure on her previous home.

If you have been through a foreclosure then owning your own home can and should be more than a dream. After helping my friend do exactly this if there Continue reading