Adverse Credit Rating – When Exactly Can The Term Be Used? If you have a history of unsatisfactory credit transactions, then you can be described as someone who has an adverse credit history. The situation is also commonly called ‘sub-prime' and ‘poor credit' by all types of lenders. The following questions are therefore raised: what [...]

Many people have become successful in commercial real estate. There is no magic formula. What you need is knowledge of the industry, experience and a lot of hard work. To help you learn more about what it takes to run a successful commercial real estate business, read the suggestions here. A good way to figure [...]

Ohio Mortgage Loans And Financing When Should You Refinance Your Mortgage? There are two primary reasons to refinance a mortgage: to get a more desirable rate and terms or to extract cash from the home's equity. Both of these reasons can of course also be fulfilled! Rate-and-term refinancing Rate-and-term refinancing pays off one loan with [...]

Understanding Credit Scoring On Mortgage Refinancing or Second Mortgage Loans. For years, lenders have utilized "credit scoring" to determine whether or not an individual is a good credit risk. Credit scoring has recently become a hot topic, due in large part by the mortgage lending industry's willingness to use the process to evaluate one's likelihood [...]

Compare Fixed Rate Mortgages And Find Out About 50 Year Mortgages If you plan on staying in your home for 10 or more years and want your mortgage payments to stay at one stable rate, you should consider a fixed rate mortgage. Available for 10, 15, and 30 years, fixed rate mortgages give you the [...]

Foreclosure rescue and Foreclosure Options Foreclosure rescue, also known as equity skimming or equity stripping, is any of various predatory real estate practices aimed at vulnerable, often low-income, homeowners facing foreclosure in the United States. Most often, these transactions take advantage of uninformed, low-income homeowners. The term "foreclosure rescue" has sometimes referred to subprime lending [...]

Private Mortgage Insurance (PMI) If your down payment on a home is less than 20 percent of the appraised value or sale price, you must obtain private mortgage insurance, known as PMI, with your lender. This will enable you to obtain a mortgage with a lower down payment because your lender is now protected against [...]

Things You Should Consdier About Your Commercial Property One of the most important things to remember about commercial real estate is that this market ebbs and flows wholly separate of any other type of real estate. An office building and a house, for example, are valued and sold based on different criteria. Learn all about [...]

Commerical Real Estate Tips You Can't Live Without When buying commercial property, there are a lot of facts that you need to be aware of. You need to know what commercial real estate entails and how to go about purchasing it. This article will help give you all the knowledge that you need to get [...]

The Perils of Plastic Millions of credit card borrowers are about to face larger monthly payments, a change that represents both good news and bad for consumers. Under new guidelines suggested by the federal government, starting in January minimum monthly payments for credit card debt will generally increase. Many mortgage lenders will no longer require [...]