Reverse Mortgages, Getting a Good Deal In 3 Easy Steps! Reverse Mortgages, Most Common Features: A reverse mortgage is a special type of loan that seniors can sometimes get to convert the equity in their homes to cash. Many reverse mortgages offer special appeal to older adults because the loan advances, which are not taxable, [...]

Knowing About Mortgage The best financial deals are found only after a thorough investigation into home loans and mortgages. Many people dream of owning their own home, but the high cost of homes generally requires a home mortgage to make it a reality. A mortgage is just like any other product; thus whether it is [...]

Adverse Credit Mortgages - Advantages Of Bad Credit Mortgages Mortgages for those with adverse credit have advantages that conventional mortgages don’t. The prime advantage is that they are easier to qualify for, even with a bad credit history. Sub-prime mortgages also allow you to build wealth with your home purchase. And they have fewer hurdles, [...]

No Credit Check Mortgages If you’re applying for a new home loan, one of the first items a potential lender will request is your permission to perform a credit check. If your credit history is a bit shaky or downright poor, you might consider the so-called no credit check mortgages. While any legitimate lender will [...]

Bad Credit Mortgage – Sometimes Bad Credit History Can Be Rewarded… When you have bad credit you wonder what lenders will offer you for a mortgage deal on your home. The big obstacle, as you know, was your bad credit history. To add to the all the fears, there were a few pals of yours [...]

A Guide To Home Mortgage Rates Home mortgages are loans that are taken to buy a property, for which the property itself is used as collateral. Owning a home is a very big, and usually a one-time investment for many. With increasing real estate prices and decreasing interest rates on loans, many people are using [...]

Choosing The Right Mortgage To Fit Your Income Most of us can’t afford to buy our new home outright, so we save up a down payment and then work out an arrangement to finance the balance. This arrangement is called a mortgage. You agree to pay a set amount and use the house as collateral. [...]

Top 5 Reasons People Get Reverse Mortgages Once you’ve done your research on reverse mortgages and gained a more complete understanding of the product, the next step is to decide if a reverse mortgage is right for your situation. If you’re eligible (a homeowner 62 years of age or older with equity in your principal [...]

How to Qualify for a Reverse Mortgage To qualify for a reverse mortgage, you must be at least 62 and have paid off all or most of your home mortgage. Income is generally not a factor, and no medical tests or medical histories are required. If you seek an HECM, you also must undergo free [...]

Subprime Mortgages – Low Down Payments And No Pmi Sub-prime mortgages offer financing for those with poor credit to finance the purchase of a home. Today’s sub-prime mortgages offer low down payment options with no private mortgage insurance (PMI). As a result, more people are finding it easier to buy a home. Sub-prime Mortgage Options [...]