Category: Best mortgages

The real cost of home loans and home ownership. You have heard it a thousand times, buying a home is the most expensive investment you will probably ever go into. But how expensive? A fitting parable that illustrates the important …

With the boom in the private equity market, there is abundant capital, the cost of borrowing is low and return on equity is soaring. Though this year has proved to be the highest fund raising period, the growth is being …

Home loan insurances are they worth the cost? Have you ever had to buy an insurance? If you are over 20 and live in a so called developed country the chance are that you did. You might have paid for …

Home loan insurance. Safety in numbers? Buying a home and paying for the mortgage that goes with it is a big responsibility. Committing yourself to making payments for 10 to 30 years is a commitment only comparable with marriage and …

Reverse mortgages, your key to financial freedom.  There are few things more frustrating than having money and not being able to spend it or use it. Imagine walking in the desert with a million dollars in your pocket but no …

HECM, is this the best reverse mortgage. Growing old is not easy. Growing old without money is no fun at all. You need to think about medical expenses, transportation, besides the everyday expenses you have always had. However when you …

Credit card debts and home equity loans, bad combination? Are you so deep into debt you can’t make ends meet? Are you taking on credit just to pay for groceries to take you to the end of the month? If …

Predatory home mortgage lenders, how to avoid them? The huge majority of banks, mortgage providers and finance companies are legitimate, law abiding companies and institutes that want to make an honest living by providing borrowers the service they require, cash. …

Subprime lenders and borrowers, who are they? Wait for this gem of an answer… Subprime lenders and borrowers that are not prime, they are not the best, not the creme de la creme, we are talking about the bottom percentile …

Home Loan Guide to 80 20 mortgages.  Writing an article on 80 20 mortgages is like writing an article on clutch control. It will help your driving but it won’t teach you to drive. This article will give you a …

Your guide to first home buyer loans and mortgages. Buying a home for the first time is exciting. Whether it is the first time you leave home, you have just got married or you finally can afford to own your …

How to avoid prepayment penalties on your home loan. Mortgages or home loans are strange creatures. The vast majority need them in order to be able to own a home, they are the biggest investment we make in our lives, …

Home loan brokers tricks; prepayment penalties. How often are you going to buy a home in your life? Unless you’re a real estate agent, not many. When we are not used to buying a product we are more likely to …

125 % home loans, what are they? Home loans and mortgages are often categorized by the ratio of income raised by the bank or finance company and the capital of the buyer. For example 80 20 mortgages are loans where …

Mortgage fraud, how to protect yourself. Mortgages and home loans are products most of us know so little about. We don’t buy homes every day and in a typical lifetime you are not likely to take on many mortgages. However …

Prepayment penalties on your mortgage, what is the risk? Deciding which mortgage or home loan is the right one for you can be a stressing and time consuming operation. There are hundreds of companies, dozens of mortgage types and countless …

Applying for Subprime mortgages and loans. A guide. Finding a home and a mortgage is hard work. A lot of effort and energy is expended on searching, choosing and worrying over which home and loan is the right one for …

The changes brought about by the new government have provided a stimulus to the slow economy. Low mortgage rates have been adopted as trouble shooting measures and as expected there is an increase in refinancings which increases liquidity. People are …

Which is the best home loan? Variable or fixed mortgage. So you found your dream home. You seem to be able to afford it. What interest rate type should you choose for your loan, variable or fixed. Even though it …

Home loan applications made easy: Some Facts. Finding a home loan can be a very stressful experience. You generally are in a rush to get your home loan. After hard work searching you have found the right home and you …