If you have a recent bankruptcy and are looking to buy a home, be careful of unethical or predatory lenders. Whether you are looking online or offline for a mortgage lender, it is becoming increasingly more common that subprime lenders are taking advantage of bad credit borrowers. Many lenders will take advantage of borrowers with recent bankruptcies and bad credit…
Tag: Closing
Top 7 Steps To Take When Choosing A Home Loan
Your home loan is almost as important as the home you choose. Small changes on paper – What’s your Reaction? Love Love 0 Smile Smile 0 Haha Haha 0 Sad Sad 0 Star Star 0 Weary Weary 0 0 Shares Facebook Twitter Whatsapp Gmail Linkedin × Share this post! Facebook Twitter Whatsapp Gmail Linkedin Pinterest Messenger Reddit Telegram Tumblr VKontakte…
Mortgage Refinancing For People With Bad Credit Ways To Reduce Refinancing Costs
Because of declining home mortgage rates, many people are eager to refinance their existing home loan and take advantage of a lower payment or a fixed rate. In fact, homeowners with bad credit may also benefit and obtain comparable low rates. Although refinancing is very common, homeowners must be prepared to pay closing costs and other fees. Fortunately, there are…
Home Loan Refinancing When Do You Have To Close
Refinanced mortgages have a couple of different rules when it comes to closing. For one, there is a mandatory rescission clause for primary residence mortgages that allows you annul your loan. You can also choose to close at anytime, which is beneficial if you think rates will drop in the near future. Rescission Clause With a rescission clause, you have…
Buying A Diamond In The Rough
It may be your budget, or the thrill of doing it all yourself, but you are in the market for a diamond in the rough. But just how rough can a house be before a lender decides not to take the risk on a mortgage? When you negotiate the contract, make sure that you include a provision for a home…
7 Steps To Choosing The Best Real Estate Loan For You
A home loan will be your financial responsibility for years to come, so it can be one of the most important decisions you make. Even tiny changes in an interest rate – changes as small as half a percent – can cost or save you thousands of dollars over the term of your loan. To enjoy an affordable home, follow…
Zero Down Mortgage Tips On Getting Approved
Zero down home financing is about getting rid of the obstacle of closing costs. You can trade in your rent payment for a house payment without paying thousands at closing. Before you start enjoying the benefits of home ownership, make sure you follow these tips to get approved for the best rates. Check Your Credit Report Annually checking your credit…
How To Close The Best Deal In Spokane Washington
Spokane Washinton is a very good place for real estate investment! This region is the administrative center of the county with the same name and in recent years it has developed into a prosperous, lucrative region. Spokane is the commercial center of Washington and can offer many benefits to investors. This territory is rich in natural resources and it is…
Pro S And Con S Of Low Cost And No Cost Refinancing
At some point in time, many homeowners will check into refinancing their current mortgage. There are several things that need to be taken into consideration whenever you do this. One of the most obvious concerns is of course the interest rate. However, be sure to consider closing costs when looking to refinancing. It is wise to weigh all of your…
Keep Your Closing Costs Low
Closing costs can surprise many homeowners if they aren’t prepared for them and can seriously deplete savings at a time when most people need money the most. It seems that lenders are constantly finding new and creative ways to tack on a few dollars here, and a few dollars there to the tune of thousands. However, by taking a few…