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mortgage : Insurance

What Is a Jumbo Mortgage Loan?

A jumbo mortgage, also called a non-conforming loan, is a home loan that exceeds the loan limit set by the Federal Housing Administration (FHA). The FHA both insures and purchases mortgages that meet its standards. Banks prefer to offer loans that can be purchased by the government because the gover

The Facts About Foreclosure

This article briefly describes the different types of foreclosure and ways to avoid or stop it.

Is There Not Much Time Left to Refinance?

Being stuck in traffic is annoying. But it’s devastating if it gets you to the station at 9:26 AM for a train that was scheduled to leave at 9:25 AM. You stand there like a ...

Secure Your Dream House With Home Mortgage

When deciding to take a home loan, be sure you are also taking a look at all the available lenders that you can go to. If you find any that has a record of treating ...

Get a Federal Grant to Finance Your Home

Although many federal grants are unknown to the masses, they provide a unique opportunity in obtaining funds for various things. For example, when it comes to buying a new home, many different grants

Get Online CEH Training Today

The use of computers and internet has become the trend in the US and other countries in the world.

Qualifications for Mortgage Refinancing

Qualifications for a refinance are similar to those of a first mortgage.house image by Karol Grzegorek from Fotolia.comWhen attempting to refinance a mortgage, several qualifications must be met prior to the new loan being issued. Like a home purchase, a refinance is a process that...

The Grant Writing Hall of Shame

What's the most offensive mistake one can make in writing/submitting a grant? Hear answers from the folks who actually review them.

Are You Pre-approved, Pre-qualified or Pre-ticked

Why is that, you may wonder, and why did I bother to get pre-qualified? Well, in some ways, one is just a step on the way to the other. Generally speaking, a pre qualification is by word of mouth, (i.

How A Loan Modification May Affect Your Taxes

Loan modification is a viable option for homeowners who were rejected for refinancing and are at risk of foreclosing on their homes. This article has general information about loan modification.

Are Property Taxes Included in My Monthly FHA Mortgage Amount?

Several federal laws govern a mortgage company's ability to require and establish escrow accounts for real estate taxes. The Real Estate Settlement Procedures Act (RESPA) sets specific guidelines lenders must follow when they create an escrow account for a borrower. RESPA does not require lenders to

How to Pay Off a 30 Year Mortgage Faster?

Sitting through a long meeting where you sign a never-ending stack of papers, declaring you will repay several hundred thousand dollars over 30 years is a stressful event. However, there are a few ways to shorten the life of your mortgage.The easiest method by far would be to pay more th

What Can Stop an Escrow?

Transferring title of real estate from buyer to seller typically requires an escrow. A neutral third party, such as a law office, title company, or escrow agency, holds buyer and seller deposits while title work, property appraisals and home inspections are completed and the buyer's mortgage loan is

Enjoy the fruits Equity Release Solutions

With the arrival of the early stages of retirement, the prospect of having no work and a lot of free time. The no work concept may appear to be quite daunting and this will make ...