By: Carrie Reeder
Sub-prime mortgages are not that much different from average mortgages. They have interest rates, points, and fees. They can be compared online, and they have seasonal trends. The only real difference is that as a borrower with a less than stellar credit record, you will have to pay a slightly higher rate for […]

By: Ann Gibson
Doesn’t residential mortgage give the impression that they are a different breed of mortgages? They are often thought at the first instance to be a complex term, which they aren’t. They are actually the regular mortgages that we hear of so often.
Mortgages can be taken by all people whether for living purposes or […]

By: Charles Essmeier
Rising home prices, particularly on the East and West coasts have put the costs of home ownership seemingly beyond the reach of many. And yet, home ownership is up nationwide, and the percentage of Americans who own their homes is the highest it has ever been. How is this possible?
There are more different […]

By: Charles Essmeier
Texas was one of the last states to allow homeowners to take out home equity loans. Laws going back to the nineteenth century strictly prohibited home equity lending, as legislators feared that unscrupulous lenders would take advantage of homeowners for the purpose of seizing their homes through foreclosure. This made it impossible for […]

By: Norman Fleming
A Second Mortgage is a Property Lien placed behind a First Mortgage
A second mortgage is a loan that you take against the equity that you have already built into your home by paying off some of the principal balance on your first mortgage loan.
Historically the total amount of debt from the first and […]

By: Jay Conners
The time comes for all mortgage brokers and loan officers to consider spending some of their hard earned money by testing the waters of mortgage leads.
After all, leads are the name of the game.
If the time is right for you, it is important to do you research, remember, you are testing the waters, […]

By: Randall Madon
There are currently more than 50 million home mortgages in the United States today. So why aren’t more homeowners taking advantage of the highest yielding lowest risk, tax-free financial strategy available today?
Let me ask you.
Where can you…….
• Forego only $3.35 in tax savings (three dollars and 35 cents)
• Invest $350 over the course […]

By: Charles Essmeier
In decades past, most people who were interested in obtaining a home loan were required to put down at least 20% of the purchase price. Those days are gone, and as home prices have risen faster than incomes, the average down payment required by lenders has dropped. In fact, it is often possible […]

By: Rachel Lane
According to the Council of Mortgage Lenders, first-time buyers are the most susceptible group of homeowners to debt, as they are more likely to have higher loan-to-value ratios and commit a higher proportion of their income to mortgage repayments. Despite their susceptibility to debt, there is evidence which indicates that insurance take-up and […]

By: Amanda Thompson
Current economic scene has hinted towards a fall in the Bank of England base rate from a three and a half year high of 4.75%. 78% of the property investors are contemplating refinancing their home loans. Are you thinking the same? This is the appropriate time for remortgage and moving to competitive interest […]