Some people think that getting mortgage loans with bad credit is a nearly impossible thing to do. Well, think again. Today, more and more lenders are giving their borrowers the option to get mortgage loans with bad credit. Programs and plans featuring mortgage loans with bad credit are sprouting like daisies in the loaning market. […]
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Choosing the right mortgage involves knowing how mortgage rates work. Mortgage rates are affected by several factors. One of them is the type of mortgage consumers take. There are two types of mortgages available in the market. The first one is a fixed-rate mortgage, where the rates are set for the duration of the loan […]
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If you’re over 62 years of age and have significant equity in your current property, you may qualify for a reverse mortgage. Since the 2008 credit and mortgage crisis, many have been worried about getting reverse mortgages. Today, it’s once again a very viable option. It’s true that in 2008, the credit markets contracted, meaning […]
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A Foreclosure auction occurs when the owner of a mortgaged property defaults on the loan and the property is sold to the highest bidder. The amount of the sale is disbursed to the lender. Here is a step by step description of how a Foreclosure Auction of a Home takes place. Find a Property and […]
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Are you looking for a new career? You may want to think about becoming a mortgage broker or loan officer or sell useful products to the existing brokers and loan officers. If you type Mortgage Broker or Loan Officer in your search engine, you will find links to thousands and thousands of websites. This is […]
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When you’re in the market for a loan, it might do you good if you do a little mortgage rate comparison. With mortgage rate comparisons, you are sure to make the right decision and choose the right mortgage. FSA Key Facts – Mortgage Rate Comparison Tables FSA or Financial Services Authority is a mortgage and […]
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There’s a common misconception that bankruptcy will kill your chances of getting a home loan. This isn’t true. In fact, surveys have shown that it’s possible to get a loan as quickly as 18 months after filing bankruptcy. Though that’s an exception rather than the rule, it’s not at all unreasonable to try and purchase […]
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Every man and woman wants to become rich. All of us are fighting for a better life. How can we make a fortune legally out of other people’s homes? There is actually a way to do this. If somebody has many debts towards different directions he / she will have to sell their homes. You […]
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According to the NAMB (National Association of Mortgage Brokers), two out of three Americans work with a mortgage broker to purchase a home because of the broker’s expertise and a wide selection of loan products and lenders. However, with so many so-called “experts” out there, how does one separate the wheat from the chaff? How […]
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Depending on how old you are, the value of your home and the area where you live, keeping your mortgage might or might not be a good move. The “Cloud of Debt” A lot of people hate the idea of any debt hanging over their heads and are eager to pay it off early. There […]
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