4 Mortgage Terms You Must Know

Here are 4 key mortgage terms you should know to get you started on getting a mortgage.

Debt-To-Income Ratios – 3 Things to Know

Your debt-to-income ratio (DTI) is a calculation lenders use to determine whether you can afford a mortgage loan. Since this computation affects your mortgage qualifications, here are three things you should understand.

How Long After Buying a Home Can You Refinance?

Here are some things to consider before refinancing your new mortgage loan.

Types of Home Equity Loans Available

Here is a discussion of the three most common equity loan types available.

Bad Credit Home Equity Loans - Tips On Getting A Lower Interest Rate

Here are some tips to help you get a lower interest rate on a bad credit home equity loan.

Types Of Mortgage Lenders

The different types of mortgage lenders and what that mean. The article covers mortgage bankers, portfolio lenders, direct lenders, correspondents, mortgage brokers, wholesale lenders, banks, and credit unions.

Can You Refinance a Manufactured Home?

When you refinance your manufactured home you are basically using your new loan to pay off your current loan, with hopefully better terms that will save you money. The main thing to look for with this type of loan is a lower interest rate which in turn will lower your monthly payment, freeing up more money for other things you may want to do.

Low Income Mortgage Loans - Tips To Getting Approved

Low income mortgage loans are available to individuals that are looking for a good loan that is ideal for their income situation. Here are some tips to getting approved for a mortgage loan with low income.

The Role Of The FICO Score In Getting Approved For A Mortgage Refinance Loan

Here is an explanation of how your FICO credit score will affect your approval for a mortgage refinance loan.

Tips To Getting Approved For A Mortgage For The Self Employed

Here are some tips to getting approved for a mortgage loan if you are self employed.

Lower Monthly Payments By Refinancing A Mortgage

Amongst the most common reasons homeowners consider refinancing their current mortgage is to lower monthly payments or to reduce current interest rates. Bad credit ratings have a negative impact on lenders, therefore, when refinancing banks or financial institutions often quote high mortgage refinance interest rates.

How To Qualify For an FHA Loan

An FHA loan is perhaps one of the easiest mortgages to obtain because the requirements are extremely flexible, and the down payment is very low. Here are some of the major qualification criteria for an FHA loan.

Mortgage Refinancing With an Adjustable Rate Mortgage

When used correctly an Adjustable Rate Mortgage can save homeowners who fully understand their loans thousands of dollars. There is always the risk of payment shock with an Adjustable Rate Mortgage; however, these loans come with safety features build in to help you minimize the risk. Here are several tips to help you decide if mortgage refinancing with an Adjustable Rate Mortgage is right for you.

How Should Real Estate Agents Respond To The Recent Tightening Of Subprime Loan Programs?

We have seen the writing on the wall. Now, the hammer has dropped. Many subprime lenders tightening up their loan guidelines and 100% financing for subprime borrowers is getting harder to find. How do Realtors respond?