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Will bad credit sink your mortgage?

September 17th, 2010

Will bad credit sink your mortgage?
Today, credit scores have a bigger impact on the odds of landing a mortgage than ever before.

Read more on Bankrate.com via Yahoo! Finance

Tags: sink, credit scores, Mortgage, Credit, bad credit

Comparing Mortgage Offers With APR

September 13th, 2010

The Problem

Many home buyers don’t understand the basic principles when reviewing numerous mortgage offers they receive, and for real estate agents and mortgage brokers, it can be easy to forget the complications one encounters in deciphering the right offer for them.…

Mortgage Lending-A Few Facts To Start Down The Path To Home Ownership

September 11th, 2010

From a loan standpoint there are, in general, three types of loans, a fixed rate mortgage, an adjustable rate mortgage (ARM) or an interest-only loan. With an interest only loan, you are just paying the interest piece of your loan. In…

Subprime Mortgage Lending

September 9th, 2010

“Subprime Mortgage Lending and Its Effect on The Economy”

            In the 1990’s the United States saw a rapid growth of subprime mortgage lending. Lending institutions started to give credit for mortgages to millions of borrowers who may have been denied credit…

Mortgage Shopping Tips

September 6th, 2010

When shopping for a home loan loan, every financial institution will have uncommon interest rates, fees and points for each loan program.   When shopping for a mortgage loan debt, it is helpful to recognize the three components of a Rate and…