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mortgage : Insurance

Mortgage Advice During a Divorce

Mortgages are often involved in a divorce and must be dealt with effectively because the house is usually the largest financial asset related to the marriage. If both husband and wife are on the mortgage, arrangements can get tricky, and the lender has to approve.

Avoiding Mortgage Mistakes That Can Cost You Money

If you are aware of potential mistakes you can make then you will be better equipped to get the best deal for your needs. Here are the most common mortgage mistakes and how to avoid them

Advantages & Disadvantages of Reverse Mortgages

For homeowners at least 62 years old who need additional funds to meet their financial obligations, a reverse mortgage may provide much needed relief. By tapping into the equity in their homes, senior citizens may receive income for as long as they remain in their homes. At first glance a reverse mo

Home Loans for Bad Credit

One thing that people don't realize is that getting bad credit home loans can sometimes lower your monthly payments and provide relief from other high interest debts like credit cards. They also don't

Refinancing Your Mortgage

As the housing economy continues to recover from the shock of a bubble burst several years ago, there are a number of things you can do to ensure you are getting the best mortgage for ...

Variable Mortgage Explained

When you need to take out a loan to purchase your home, you can elect to use a fixed rate mortgage or a variable mortgage. Knowing how variable rate mortgages work and what options lenders offer can help you make a more informed decision as to whether a variable or fixed rate mortgage is best for yo

Do Something About Your Mortgage Problems Now!

People can sense whenever they are in trouble. Naturally there are two kinds of people who give reactions whenever this happens. There are the set of people who do not care even if they are ...

Requirements for FHA Mortgage Downpayments

FHA requires documentation for down paymentsstock report image by pearlguy from Fotolia.comThe Federal Housing Administration is one of the most accessible mortgage insurance programs in the country. Unlike conventional, non government-backed loans, FHA-insured loans provides the lender...

What Can I Do to Increase My Mortgage Loan Pipeline?

The pay of most mortgage originators depends wholly or in part on commissions generated from mortgage production. During economic downturns, fewer customers actively seek out lenders and the customers that are interested in applying for loans tend to shop around for the best rates. If you want to in

What is Home Equity Line of Credit?

A home equity line of credit (HELOC) is a loan given to the borrower lender over a span of time where the home of the borrower is used as collateral. Your home is a very ...

Tips To Get Best Sheboygan Mortgage Rates

Are you willing to get a mortgage loan, and then the first thing that you need to consider is its rate of interest. Mortgage rate usually depends upon the place you are residing.

Do You Need a Cosigner to Rent a House?

Whether you buy or rent a house, it is a big responsibility as well as a significant risk for the landlord. The landlord must evaluate the rental application carefully before approval. If you're planning to rent a house in the near future, it's helpful to at least get an idea of whether the landlord

How to Convince Your Lender to Lower Your Home Mortgage Interest

If you're struggling to pay your mortgage loan each month, you're far from alone. One in every 417 U.S. housing units received a foreclosure filing in November of 2009, an 18 percent increase from one year earlier according to foreclosure tracker RealtyTrac. One way to lower your mortgage bills and

Reverse Mortgage Alternatives

Reverse mortgages offer individuals and families that own most or all of their home equity an option to get recurring payments from a bank in return for portions of their home equity. These payments and all other fees related to it must then be repaid when the reverse mortgage holder dies or sells t

Sources of Reverse Mortgages

Senior citizens in their 60s are able to obtain a reverse mortgage without having to qualify for credit and without an income. In fact, the reverse mortgage can be viewed as an income subsidy to allow you to help a grandchild with his education costs, update your home, fulfill your dream of travelin

Independent Financial Adviser

There is no doubting that the Credit Crunch and resulting recession has elevated the importance of the role of an independent financial adviser. With the 'unexpected' never too far away, in terms of j