Financing with a home equity loan

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If you have good credit, a homeowner, your mortgage is paid on time every month and you are thinking about borrowing money, the home equity route may be the way to go. What this allows is suppose your home is worth substantially more than your current mortgage, for example, your mortgage … Read The Full Post

Categories: General Knowledge Tips And Tricks | Loans Tips And Tricks | Personal And Family Finances Tips And Tricks |

Obtaining a mortgage on line

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A mortgage for first time home buyers or people who are looking to refinance their homes has become much easier in later years’ thanks to the internet and the ability to obtain a mortgage on-line.

Of course there is your local bank, where you can go, walk in, sit down with … Read The Full Post

Categories: General Knowledge Tips And Tricks | Mortgage Tips And Tricks | Personal And Family Finances Tips And Tricks |

Refinancing your home equity line of credit what are your options

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Several options are available when deciding to refinance your home equity line of credit. You can opt to refinance all your mortgages into one. Or you can rollover your line of credit into a second mortgage. Available terms and rate structures also give you flexibility in structuring your payments. Make sure … Read The Full Post

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Commercial real estate hard hard hard money loans

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Financing for commercial real estate is a completely different game when compared to residential mortgage loans. It moves much faster and is much more flexible.

Commercial Real Estate – Hard, Hard, Hard Money Loans.

When purchasing commercial real estate, financing is the most significant factor in determining whether the project is … Read The Full Post

Categories: General Knowledge Tips And Tricks | Real Estate Tips And Tricks | Real Estate Tips And Tricks |

The advantages of reverse mortgages

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In recent years property values have soared, while investment returns have been modest. This has created a situation where a lot of seniors are finding themselves in the position of being house rich and cash poor. These cash strapped seniors are looking for ways to increase their retirement income while continuing … Read The Full Post

Categories: General Knowledge Tips And Tricks | Mortgage Tips And Tricks | Personal And Family Finances Tips And Tricks |

Amortization and terms

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When purchasing a home, you will want to learn more about amortization. This is the way in which the loan’s repayment is determined. In most cases, this amount is determined based on the total cost of the loan then broken down into payments into which there is interest that is factored … Read The Full Post

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Don t become a mortgage industry crisis statistic

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It’s no secret that the U.S. housing marketing is having one of its largest slumps since the early 1980s. Pick up a newspaper or turn on the news and you are inundated with a daily report of more foreclosures, people falling further behind on their payments and a general souring of … Read The Full Post

Categories: General Knowledge Tips And Tricks | Mortgage Tips And Tricks | Personal And Family Finances Tips And Tricks |

Benefits of home loan refinancing

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When you refinance a home loan you’re acquiring a loan and the money obtained from it has to be destined to pay off the outstanding loan so the new loan will be secured with the same asset as the previous loan.

There are a few reasons why someone would want to … Read The Full Post

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Second mortgage for home improvement

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Now that you have been in your home for a few years and you have established some equity, you may be considering doing some home improvement with a second mortgage.

Home improvement comes in many forms. Such as a new kitchen, bathroom, roof, siding, etc.

You can acquire a home improvement … Read The Full Post

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Mortgage calculator reveals big savings with small payments

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Having agreed on a monthly payment schedule with your mortgage lender doesn’t necessarily set that amount in stone – that’s just the minimum you can pay! By playing with a mortgage calculator, particularly a pre-payment loan calculator, you can see where extra payments can make long-term savings on your mortgage.

The … Read The Full Post

Categories: General Knowledge Tips And Tricks | Mortgage Tips And Tricks | Personal And Family Finances Tips And Tricks |