Category: Real Estate

A few decades ago, the home buyer could only get the only type of loan: fixed-rate 30-year mortgage. Now the borrower can choose between the rate that is fixed for…

“Specialty financing” or “loans for someone with less than perfect credit” are polite terms used to market “subprime” or “non-prime loans”. Sometimes they are effectively the only way to homeownership…

Reverse mortgages will gain popularity as more baby boomers are approaching retirement. This kind of loan is indeed the opposite of a regular mortgage as it allows seniors to borrow…

Lending institutions that will decide on your mortgage application will look at a variety of factors, such as your employment record, the number of credit cards you have and your…

More and more homeowners opt for refinancing at the time of low interest rates. The hassle and expenses associated with refinancing are justified if: You bought your home at the…

For landlords, preparing for vacancies can be a daunting prospect.  It is only natural to feel concerned, if you have a tenant that seems to be getting a bit wobbly…

Sure there is. Even if you made the mistake of shoring up too much debt and were not able to cope with it at one point in your life, there…

Do you feel like you’re just another number yet? Well, finance is based on numbers, and people who deal with numbers are more often than not left-brain thinkers. These people…

Paperwork involved in the mortgage application process is so extensive that you had better start gathering it a long time in advance. Full documentation will include: • Federal tax returns…

Generally, mortgage loans are taken out so as to make some real purchases. Mortgages are very complicated financial instruments. The entire mortgage industry is based upon a large number of…