What are hybrid loans? Over the last several years consumers have started to request alternative financing to a traditional mortgage from lending companies. The mortgage lenders response to this overwhelming demand was the creation of hybrid loans. What exactly are hybrid loans you may be asking yourself? Hybrid loans include some of the following. Piggy [...]

Why You Should Use A Mortgage Calculator To Understand The Mortgage Amortization Process Mortgage amortization is often a mystery to the consumer. After all, they oftentimes watch as loan officers whip out their calculators and spill out complicated numbers in record time. But most consumers, unless they work in an industry related to the home [...]

Options to Finance Your New Home Are you feeling overwhelmed with the sheer number of different types of mortgage loans? Not sure which one will work best for your situation and needs? Read on for tips to help you compare the advantages and disadvantages to the most common types of mortgage loans. First, it is [...]

Mortgage & Refinance Tips: Debt To Income Ratios Debt to Income Ratios, often referred to as “DTI’s”, are a key calculation used in the refinance, debt consolidation, and purchase mortgage application process. A debt to income ratio is arrived at by dividing your monthly debt payments by your pre-tax income. Debt to income ratios are [...]

What’s In Your To-do Checklist For Your Refinance Home Mortgage Loan? Would-be borrowers are always bogged down by the requirements that would expedite their loan process. It is practical and convenient to be prepared before you march into a creditor’s office. Read on and find out if you have what it takes to get a [...]

Avail Low Cost Finance On Opting For Commercial Business Loans Those who are in business know that financial requirements in any kind of business emerge every now and then for variety of reasons. With monetary outgo from businesses also being a regular feature, as a net result taking a loan becomes inseparable part of any [...]

What Are The Different Mortgage Loan Options? When it comes to financing your home, you have a few options to take into consideration. It can be confusing and you may not know the difference between the options or know which one is right for you. Let’s take a look at the three most popular mortgage [...]

How to Get Your First Mortgage When it comes to lifetime markers getting a first mortgage is a major event. With a mortgage you''re magically transformed from occupant to owner and from tenant to titleholder. Applying for a mortgage used to be seen as a battle of sorts, a competition where the only winners were [...]

Dramatic Turn in Mortgage Rates The Freddie Mac's Primary Mortgage Market Survey released last week, showed that both the long term and short-term conventional mortgage interest rates are going to suffer huge downward turns. This was forecasted before Tuesday when Federal Reserve made half point rate cut. Though there is no direct relationship between the [...]

Discover The ADvantages of Fixed Rate Mortgages There are several types of mortgages offered by lenders in the market. The most common of these types is fixed rate mortgages. Fixed rate mortgage loans are characterized by fixed rates and monthly payments that are generally for a 15-year and 30-year periods. Fixed rate mortgages are popular [...]