Mortgage 101: A Mortgage Resource Guide
This guide will help first-time home buyers and seasoned veterans get the information they need to make the correct financial decision regarding their mortgage. Our goal is to provide information and resources for everything you need to know about the mortgage process. Whether you are shopping for your first home or you are already established in a existing home, this page can be your guide. Take the necessary steps to make purchasing your first home or maintaining your existing home a seamless … [Read More...]
Latest Mortgage Information
Top 10 Loan Modification Lenders
Many Americans have been affected by the recent economic crisis. Millions of homes have gone into foreclosure, and millions of families have lost their homes. If you are at risk for losing your home, the good … [Read More...]
The Mortgage Library
How to Tell if Current Mortgage Interest Rates Will Continue to Rise
Up until not long ago mortgage rates used to be very low, close to the lowest they have ever been. Rates have decreased to near record lows due to the recent housing market crash, which affected both homeowners and mortgage lenders. While millions of people have lost their … [Read More...]
Could a 10 Year Mortgage Rate Be Your Best Mortgage Option?
One of the key aspects of finding a good mortgage loan is determining what type of mortgage term works out best for you. Long-term mortgage loans seem more attractive at first glance because the monthly payment is much smaller, but if you factor in the larger interest rate, … [Read More...]
How the Current Government Shutdown is Affecting FHA Mortgages
The housing market has been recovering steadily lately, but the current government shutdown may interfere with that progress. For the first time in 17 years, the government has partially shut down. Besides other important implications, this shutdown could affect people who … [Read More...]
Bad Credit Home Loans – Are They Possible With Today’s Stiffer Regulations?
There are many reasons for having a bad credit score, and you might be wondering if you are still able to buy a home, despite your shortcomings. The truth is that there are no rules set in stone when it comes to bad credit home loans. Some lenders may be more lenient than … [Read More...]
What is this Difference Between a Home Equity Line of Credit vs Home Equity Loan
When buying a home with a mortgage loan, both you and your lender own parts of the home. The part of the home that you own is represented by the equity which builds up each time you make a payment. Having equity in your home allows you to take out a house equity loan by … [Read More...]
What Are the Typical Home Equity Loan Requirements
Home equity loans are designed to help homeowners gain quick access to some much needed cash by tapping into the equity in their homes. Home equity loans provide an alternative to taking out other types of loans or opening new credit card accounts. While other forms of … [Read More...]
Pros and Cons of Home Equity Loans
Home equity loans allow homeowners to take out a loan using the equity accumulated in their home as collateral. Home equity loans give you quick access to money that can be used for a home remodeling project, medical bills or college tuition. A home equity loan can be more … [Read More...]
Is it Possible to get a Home Equity Loan With Bad Credit?
Getting a home equity loan with poor credit is more difficult, but not impossible. Before you decide to make improvements to your home or decide that you need some quick cash, you need to find out if a lender is willing to give you a home improvement loan and how your loan … [Read More...]
