Money in the Bank Recently, I was on the phone with a friend of mine from California who just purchased his first home. He's a single father and he's in his early 30s. He was upset that his parents had never stressed the importance of owning a home or even talked to him about how [...]

Mortgages From The Past And The Present There are mortgages and there are mortgages. If you want to buy a house, it is likely that you will be flooded with offers from all kinds of finance companies and loan providers as they try to win you over. Each loan provider will advertise to you, the [...]

Typical Rates & Fees Associated with Business Loans When acquiring a business loan, one can expect to pay different rates and fees based upon the years the business has been in operation, the owner’s personal credit history, the business’s credit history, and whether or not the loan is secured or unsecured. If the loans are [...]

Debt To Income Ratio Debt to income ratio is the ratio between your monthly expenses and your income. Before sanctioning a mortgage for your house, the lenders normally calculate the debt to income ratio to work out your eligibility for the mortgage. The ratio is measured against two qualifying numbers 28 and 36. Higher the [...]

Hot Mortgage Terms You Need To Know Are you considering purchasing a new home? If you are, you should know that this may very well be a very good time to buy a house. The housing market is sluggish, which means that prices tend to be lower and so do interest rates. Also, there are [...]

San Diego Home Equity Loan Summary: For a troubled San Diego homeowner, an equity loan is the best way out for most financial quagmire. Let me guess, you’re here for a home equity loan and you’re from San Diego. Of course you should be, after this entire page is all about San Diego Home Equity [...]

Northern Rock - A Bank Built On Sand? The confirmation by the Bank of England of support for Northern Rock plc on 12 September 2007 is the first major sign of international fallout from the collapse of the US subprime mortgage lending market. In the US, lenders such as New Century Financial Corporation, the second [...]

Home Mortgage For months now, you have been looking at houses and home brochures and you have finally found it – the house that’s just right. So now, you’re feeling anxious to buy your new home, move in, and get settled. But this is not where your search ends. You still have one more important [...]

The Best Home Loan For You What Type of Home Loan is Best for Me? While it seems there are countless loan options, many of the programs offered by lending institutions are similar, so it is helpful to know a few of the basic ways in which they differ. The first basic difference is whether [...]

Mortgage Brokers and Loan Officers Are you looking for a new career? You may want to think about becoming a mortgage broker or loan officer, or sell useful products to the existing brokers and loan officers. If you type Mortgage Broker or Loan Officer in your search engine, you will find links to thousands and [...]