Mortgage insurance can be a safety net on which to land if you should suddenly find yourself out of work after suffering from an illness, accident or if your should become unemployed due to no fault of your own. It can give you an income with which to continue meeting your mortgage repayments. However, as with any insurance, UK mortgage…
Tag: Mortgage
Refinance After Bankruptcy How Does Your Bankruptcy Affect Home Mortgage Refinancing
There are a few basic concepts one should know when looking into refinancing a mortgage after a bankruptcy. Most importantly, you need to know the two different types of personal bankruptcy that you can declare. Chapter 7 Bankruptcy, often called “straight bankruptcy”, is an attempt for someone financially overextended to liquidate most of their assets to satisfy creditors, keeping only…
Types Of Uk Mortgage Fraud
At one point or another most people in the UK have heard the term “mortgage fraud” before. While most people may consider mortgage fraud to be the domain of professional con artists and hardened criminals, this is not necessarily the case. Mortgage fraud encompasses a wide range of activities and a growing number of otherwise law abiding UK citizens are…
How To Pay Off Your 30 Year Mortgage In 12 Years
Is the thought of making 360 monthly mortgage payments getting the best of you? Will the feeling of helplessness just not let up? Are you frustrated out of your mind when you think about all of the years you’ll be making those huge mortgage payments and all of the $100,000’s of interest charges that lie BEFORE YOU? Have you tried…
Fsbo Closing Costs
What Are Closing Costs? When selling your home “For Sale by Owner” (aka FSBO), your lender usually prepares a “Good Faith Estimate” of closing costs. You are entitled to receive this estimate no later than three business days after you apply for a loan. Because it is an estimate of the costs you may incur, it may not contain all…