Mortgage & Refinance Tips: Determining Your Income

When you apply for a refinance, debt consolidation or purchase mortgage, one of the most important factors in qualifying for the loan is your income. That may not seem like much of a surprise, but you may be surprised at all of the different ways your income can be calculated based on how well you can document it, and how much this can affect your loan process. Get a leg up on the loan officer and learn how to determine your income yourself.

Your lender looks at your incom…

Read more
How To Select The Home Mortgage That Is Right For You

If you are seeking to finance the cost of a new home, then you may be faced with more than one home mortgage loan option, including those with various interest rates, payment terms and length.

In order to select the right loan for you, you will first want to choose how many years you plan to live in the home that you intend to purchase. A conventional fixed rate home mortgage is typically designed for someone who intends to live in that home for at least 10 years. The fixe…

Read more
Best Homeowner Loans – Perfect Package for homeowners

Best homeowner loan is one which is a combination of low interest, longer loan term and flexible repayment options. Homeowner loans are secured loans which are offered to homeowners only. A well planned research will help you find a homeowner loan at best rates. Read the article to know how to find the best homeowner loan…

Read more
What to Look for in a Foreclosed Home

The first thing you should look for � or look forward to – is weeks and even months of diligent research. The opportunities in foreclosed homes often fall into the old adage, �If something sounds too good to be true, it usually is.� What is true is that some foreclosed homes will sell at 30% to 40% below market. But according to the editor of one real estate investor�s publication, �Most foreclosed homes sell at 5% below market.�

Read more
Facebook Auto Publish Powered By :