Financing

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Home Financing

Renovation Loan? Fix Your Credit Score First.

Tweet That three-digit score is used by lenders to help determine whether you’ll qualify for a renovation loan and for what terms, namely at what interest rate. A low credit

Home Financing

Consumer Satisfaction With Mortgage Lenders Continues to Rise

Tweet A recently released J.D. Power 2013 U.S. Primary Mortgage Origination Satisfaction Study reveals that first-time homeowners are increasingly satisfied with their experience. JD Power scored lenders based on a

Home Financing

Home Renovation Mortgage Considerations

Tweet HomePath Financing Qualifications To qualify for HomePath financing, you must shop for Fannie Mae-owned properties. If you qualify you’ll be entitled to a low down payment, avoid mortgage insurance,

Financing

Two Important Benefits of Mortgage Refinancing

Tweet When done right, you can save thousands of dollars in interest costs over the life of the loan, money you can use instead for your retirement, to pay for

Home Financing

How to Get Ready to Jump Back in to the Real Estate Market

Tweet Whether you plan to buy or sell a home, the following advice can help you to get ready. Review Your Credit If you plan to buy a home, your

Home Financing

How to Get Out of Home Refinancing Debt

Tweet What isn’t so satisfying is the bill for the work. You refinanced your home to pay for the project and are now left with a much higher monthly mortgage

Insurance

Building Contents Insurance: Make That List

Tweet Compiling a record of what you own is important as that information can come in very handy should you ever need to file a claim with your insurer. Get

Financing

Home Refi With Money Back

If you are considering refinancing your mortgage, you likely have been paying attention to mortgage rates.

Home Financing

Cautions About Taking a Reverse Mortgage

Tweet It may be so important that people that are aged 62 and older, and qualify for such loans may be placing themselves in financial jeopardy without fully understanding what

Financing

FHA Lending Changes to Affect Consumers

Tweet PMI Changes The heart of the change has to do with private mortgage insurance (PMI), what consumers must pay when putting down less than 20 percent equity on a

Financing

How to Save for a Major Renovation Project

Tweet Renovation Project Options Unless you have cash on hand, you will need to save money for your major renovation project. There are some other ways that you can assemble

Financing

Single Family Rentals: Where the Deals Are

Tweet Indeed, a recent RealtyTrac survey of the 20 best markets nationwide for purchasing single family rentals reveals a number of bargains, homes that may be suitable for renting out

Insurance

What You Need to Know About Flood Insurance

Tweet You may think that your current homeowners policy has you protected, but under certain circumstances you may discover to your horror and to your devastating financial loss that your

Insurance

Home Insurance and Recording Your Valuable Inventory

Tweet You can use an inventory list provided by your home insurance company or find one through your state’s department of insurance. Along with much details, take photos of your

Home Financing

Why Getting a Second Mortgage is More Difficult

Tweet Likely, you have built up a good amount of equity in your home, enabling you to take out a second mortgage to handle a desired expansion or upgrade. Mortgage

Financing

What You Need to Know About Second Mortgages

Tweet Definition A second mortgage is as the name implies — it is second loan on a home and follows the primary or first mortgage. Typically, such loans are made

Home Financing

What is a Mortgage Hardship Program?

Tweet These programs are designed to keep people in their homes and typically cover homeowners that have overextended themselves with credit, lost a job or have seen their home values

Insurance

Find a Good Balance Between Your Insurance Premiums and Your Home Mortgage

Tweet Owning a home may be the American Dream, but this dream does not come cheap. Between your mortgage payments, your insurance premiums, and all of your recurring bills, managing

Financing Home Financing

How to Shop for a Mortgage

Tweet The mortgage market is more complex than it was before the last recession hit, making it more difficult for consumers to obtain financing. Tighter lending requirements, more stringent federal

Home Financing

What Are My Mortgage Options?

Tweet 1. 30-year fixed rate. More mortgages are written as 30-year fixed rate loans than all other types combined. This mortgage remains popular as it can give homeowners an affordable,