Ever wonder how lender’s come up with the rates they do? You can stop wondering, cause I’m going to tell you how. We all answer to a higher mortgage rate power, namely the secondary market. The secondary market is where Fannie Mae, Freddie Mac, and other mortgage lenders ply their trade. These government founded agencies purchase the loans that lenders…
Tag: Lenders
Stepping Onto The Property Ladder First Mortgages
Stepping onto the property ladder and buying a home for the first time can seem like a really daunting prospect. You need to get the decision right because getting a mortgage is perhaps the biggest financial commitment you will ever make. Despite this, many people get a mortgage without really knowing a lot about the process. It pays to be…
Bankruptcy And Bad Credit Issues No Longer Means No Mortgage
In the past, traditional mortgage lenders have automatically rejected people who had declared personal bankruptcy. Many potential home-buyers felt they must wait at least seven to 10 years after a bankruptcy to be eligible to become homeowners. This is a common misconception for many who believe their chance of home ownership is a long way away. While some people declaring…
Unsecured Personal Loans A Risk Free Loan Option
Borrowing money without using collateral- yes, it is possible. Unsecured personal loans are offering borrowers a chance to avail loan without placing collateral. Thus, tenants or those who are unwilling to use their property as collateral can opt for these loans. Now, do not place your collateral, but place your dream in reality. As opposed to secured personal loans, no…
Self Employed Equity Loans An Introduction
Are you self-employed and wish to apply for an equity loan? Then you’ll go through a process that’s a little different to what most borrowers go through. Lending institutions usually require that the you provide at least three “proof-of-income” receipts. Hence, self-employed individuals seeking would be pleased to know that there are many online brokers who offer many different types…
100 Financing Or No Down Payment Bad Credit Mortgage Loans
Sub-prime lenders now offer financing packages with zero down. Interest rates are higher on these types of loans, but they make purchasing a house easier. And unlike a conventional loan, there is no private mortgage insurance required. There are two types of zero-down mortgage packages, each with their own requirements. Types Of Zero-Down Loans 100% financing, as it names implies,…
Quick Cash Loan The Instant Source For Urgent Extra Cash
A cricket ball from the park smashed the windscreen of Richard’s car. His bank balance was nearly empty and the paycheck was still a fortnight away. Richard was in a fix because the thing needed immediate repairs and the funds were nowhere in sight. Unforeseen circumstances and pressing state of affairs like these require money – not in months or…
Expectation For A Dispossessed
Secured Loans UK include negligible risk bad credit also can find their chance here. In this loan without any fear of your CCJS, arrears, defaults, IVAs, and even bankruptcy. There is no dearth of options. You can find the lenders in bunch even online. The online lenders are available round the clock that can be contacted any time. These lenders…
Mortgage Broker Training Tips
If you want to be a successful mortgage broker there are a few things that you can do to increase your chances. There are thousands of mortgage brokers across the world, and to set yourself apart you are going to have to be the best at what you do; there is no two ways about it. Here are seven mortgage…
The Truth About Self Certification Loans
Ten years ago if you were self employed you were very limited to the deals that were available to you. Lenders tended not to like it if you couldnt prove you income when apply for a secured loan or mortgage. Things have changed, because they have had to. With more and more people starting their own business and companies opting…