Balloon Mortgages Explained
Servicemembers Civil Relief Act (SCRA) Common Questions
A balloon mortgage is a loan that is provided for a short period of time for a set amount of money. Balloon mortgages will often involve periodic payments that are made at a fixed interest rate. During this period, the loan may not be amortized. The balance of the loan has to be paid in full at a specific time.
UK Mortgages – Need To Know Information
Reservists, guardsmen and other military personnel can find answers to questions about mortgage payment relief and protection from foreclosure provided by the Servicemembers Civil Relief Act of 2003 (formerly The Soldiers’ and Sailors’ Civil Relief Act of 1940).
What You Need To Know Before Refinancing Your Mortgage
Whatever stage of the mortgage game you�re at, unless you happen to be a qualified financial advisor, solicitor and broker all rolled into one, you�ll need professional help to find and arrange your loan.
30 Year vs. 15 Year Mortgages
Today it is becoming more and more popular to refinance your original mortgage. But, is this right for you? How do you know whether you�re taking advantage of a great deal or letting yourself in for financial problems? Read on for tips to help you make an educated decision.
Are You Facing Foreclosure?
Discussions of mortgages often focus on interest rates, but there is a much more basic decision to make. Should you go with a 30 year mortgage term or a 15 year mortgage term?
Build Equity By Choosing The Right Mortgage
What can you do if you receive a foreclosure notice?
Sub Prime Lenders – Get A Mortgage With Bad Credit
Homeownership is the key to building wealth for most people because it is an involuntary savings account. As you pay down your mortgage each month, the value of your interest in the home rises.
The Facts About Second Mortgages
Even if you have a bad credit rating, you may be pleasantly surprised to know that there is a whole sector catering specifically for you. There are brokers who specialise in clients with adverse credit, and can help you find a mortgage deal.
Your home: It’s probably your biggest asset. Having a home to back you up when you need a loan is one of the greatest advantages of home ownership. In recent years, there has been a major increase in the amount of people looking to use their homes as a way to get access to extra money when they need it most.