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…
Tag: Mortgage
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…
Kansas Mortgage What You Need To Know Before Buying A Home In Kansas
Maybe you’re buying your first home in Kansas, or perhaps you’re relocating to Kansas from another state. Either way, it’s important that you educate yourself on Kansas home loans before shopping for a home and mortgage. This article explains what you’ll need to know before buying a home in Kansas: The price of homes in Kansas varies widely between zip…
Reverse Mortgage Information
The first question that needs to be answered is “what is a reverse mortgage?” A reverse mortgage is a specific type of loan used by older homeowners who have built up some equity in their home. It is a method of acquiring cash from their home, manufactured home, town home or condominium. By using this type of borrowing method senior…
Reject Rejections To Your Application For Home Mortgage Refinance
Who doesn’t dislike rejection? We all live in fear of rejection – be it from parents, teachers, or friends. However, rejection becomes particularly painful and burdensome when it’s issued by a loan officer. So, give your application for home mortgage refinance the best chance to be accepted! Application Anxiety Filling out applications is an aspect of everyday modern living, but…
Mortgage Rescue Scams Are On The Rise
One type of mortgage rescue scam involves a predatory “real estate investor” stealing the equity a victim has built up in their home. Typically, the scammer will tell the victim they want to help save the home from foreclosure. This “real estate investor” will tell the victim he or she will buy the house personally, or will arrange to have…
4 Reasons Why Good Mortgage Lead Management Is Essential
Lead management is one of the most important and time-consuming activities for companies. Despite the issues many firms have in its implementation, good lead management can act as a significant competitive advantage. This has particular significance for lending companies where an experienced mortgage agent can make good use of mortgage lead management tools in the following ways: 1. Increased conversion…
Mortgage Life Insurance Bracing Your Home For Disaster
Mortgage life insurance may just be the most powerful security systems that has ever emerged with a focus of bracing your home for disaster. Having an insurance policy to cover the amount of your outstanding home mortgage will ensure the ability of your loved ones to stay in the home in the event of your death. Two decades ago, excited…
Faqs On Getting A New Home Mortgage Refinancing
Here are some of the most commonly asked questions about getting a new home mortgage. Read through each of them to better understand the concept of home refinancing. What is refinancing and what types are there? Refinancing is simply the process of getting a new home mortgage to replace your existing one. There are various loan terms available for you…
Pay Back Time For That Mortgage
We all have our own dream homes and wish we could get out there and buy it. After years of living in rented houses, with messy apartment mates, it must feel very thrilling to actually have a house that belongs to you and not to someone else. But most of us still cannot call that lovely cottage, or that snazzy…