ï»¿Best Mortgage Interest Rate In Dallas Texas
The word mortgage in everyday lingo, is used to mean ‘mortgage loan’.The word mortgage has now become the generic term for a loan secured by real property. A mortgage is similar to that of a secured loan. The amount of money lent is slowly repaid in monthly amounts for the duration of the mortgage term… Continue reading
ï»¿4 Things To Watch Out For Before You Sign That Mortgage
When it comes time to sign for your mortgage, you need to set aside some of the excitement and take a serious look at the documents you are thinking about committing yourself to for the next 30 or so years. Since it is your money that you will be spending, and since… Continue reading
ï»¿Understand The Use Of A Piti Mortgage Calculator
So, you have finally found that dream home and are in the process of availing a loan for it. You are analyzing how much you would have to pay and planning your monthly budget for the same. However, finding out the monthly payment against the loan requires you to dig in a… Continue reading
ï»¿Mortgage Outsourcing: A Sound Choice From Start To Finish
Mortgage outsourcing an economical and secure way to offer your clients the level of service and quick turnaround they would get from any of your large, corporate competitors, while saving them money at the same time. As a small, independent loan or mortgage originator, you must complete the many steps in processing each mortgage… Continue reading
ï»¿Live Mortgage Free – Dump Your Mortgage Loan!
Those who think they must live in a tent or in some converted school bus in order to save on mortgage loan or be mortgage free have got it all wrong. But this hardly is the solution to take if you want to avoid the slavery of paying mortgage loans.
I don’t believe all… Continue reading
ï»¿Advantages To Using A Mortgage Broker Vs. A Local Bank
Many individuals who are in the market for a mortgage loan will go directly to the bank that they are used to doing business with, or at best will take the time to shop around at two or three different banks in order to try and find the best deal. While there is… Continue reading
ï»¿The Most Common Signs Of Mortgage Servicing Abuse
Homeowners can use mortgage servicing fraud and abuse practices as a defense to stop a foreclosure lawsuit. Once mortgage loans are originated, they are frequently packaged and sold off to investors. While no one may really know who owns the loan, the rights to collect the payments are transferred to mortgage servicing companies. These companies… Continue reading
ï»¿The Mortgage Disclosure Improvement Act (mdia)
The Mortgage Disclosure Improvement Act goes into effect on July 30, 2009. Please understand that this is federal legislation that could affect your closing date. All mortgage professionals must comply with the requirements as noted below. A loan cannot close or fund unless it has met the requirements listed below. The requirement is applicable for all mortgage… Continue reading
ï»¿Should We Buy Mortgage Protection Insurance?
What if you are not able to bring in your salary due to any reason and don’t pay next month’s installments against your home loan? Illness, injuries and unemployment can happen at any stage of life. But the non-payment of home loan installments is one of the worse scenarios for most home owners. Undoubtedly, our home is… Continue reading
ï»¿Why Mortgage Protection Insurance is important for a Homeowner
Mortgage Protection Insurance can be a valuable resource for homeowners if an unexpected event prevents them from being able to pay their mortgage. Mortgage Insurance is a financial product that is different than some other insurance products because it is frequently offered on a guaranteed acceptance basis. Other types of income protection insurance may… Continue reading