Tips for Using a Loan Calculator When it comes to getting a loan for your mortgage and using a mortgage calculator, you should definitely know the differences in a home equity loan and a home loan. First, a home loan is basically your first loan when purchasing a home. This could mean first time buyers [...]

Mortgage Rates - Something Better Than Shopping For Rates Is it possible? Something better than getting the best mortgage rates! Yes. I know it’s surprising and that it goes against what everyone says but it is true and… I can prove it. First let’s define what we mean by the “best rates” and the financial [...]

Mortgage Loan Options – Going Exotic In the past, a person had limited options when borrowing money for a home purchase. These days, there are exotic mortgage loan options that satisfy just about every borrowing need. Creative Mortgages Getting a loan for a home purchase can be very stressful. What if you don’t qualify? How [...]

Finding a Mortgage in Memphis Are you searching for a mortgage in Memphis? Finding that perfect loan does not have to be a difficult task. You have many options to get a mortgage loan if you are living in Memphis. Basically there are 3 methods available to you. You can visit a local bank, a [...]

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 [...]

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 [...]

Mortgage Brokers - Make Sure You Pick The Right One Mortgage brokers help people get financing for the purchase of a home. A mortgage broker is an independent agent who can quickly and easily check out many different financing options. A mortgage broker may be of great help to people with adverse credit since they [...]

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 [...]

Top 10 Reasons To Use A Mortgage Broker vs. A Bank Lender Depending on the type of home loan you are seeking, you could save yourself thousands of dollars by shopping various lenders for your home mortgage needs. Therefore it is imperative that you know the difference between a mortgage broker and a bank lender. [...]