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How to Find the Best Mortgage

How to Find the Best Mortgage

The American dream is still to own a home. Unfortunately for many people that dream doesn't last simply because they purchased more house than they were able to afford. The current housing market is a ... ......[Read More]
Commercial Loan Processing - Outsourcing Strategy for Mortgage Brokers and Lenders

Commercial Loan Processing - Outsourcing Strategy for Mortgage Brokers and Lenders

There are so many financial institutions, lenders and mortgage brokers that receive tens of thousands of loan applications every month from customers and for them; the need for effective commercial lo......[Read More]
HECM Counseling Protocol

HECM Counseling Protocol

The Department of Housing and Urban Development requires seniors who want to get an HECM (Home Equity Conversion Mortgage) reverse mortgage to undergo counseling first. HECM is a type of government-backed reverse mortgage that is insured by the government and protects the lender against default. HUD......[Read More]
What Is an Escrow Trust Account?

What Is an Escrow Trust Account?

An escrow company is essentially a third party involved in transactions, especially property transactions that occur when possession of a property changes hands. These companies are often combined with title companies and handle many of the legal and financial details when houses are bought and sold......[Read More]
Easy process of california loan modification

Easy process of california loan modification

This type of situation may arise for those home owners whose homes are running on mortgages. The only way to avoid such a dreadful situation is to opt for loan modification services. It is because thi......[Read More]
Can I Qualify for an FHA Refinance if My Loan Is Conventional?

Can I Qualify for an FHA Refinance if My Loan Is Conventional?

An FHA loan is designed to provide financing to those who can not afford the traditional 20 percent down payment. Those who can afford the down payment typically opt for a conventional mortgage. It is possible to refinance a conventional mortgage to an FHA loan. The differences come in the specifics......[Read More]
Strategies to Help You in a Mortgage Refinancing Loan

Strategies to Help You in a Mortgage Refinancing Loan

Is your credit rating a little shaky? If it's time to renew your mortgage, you may be wondering if you'll have problems finding lenders. Depending on your information, it is certainly possible (and probable) to ... ......[Read More]
What Is a Certificate of Occupancy Given to a Mortgage Company?

What Is a Certificate of Occupancy Given to a Mortgage Company?

If you are building a home you are financing through a mortgage company, you can't close on the home until the mortgage company receives a copy of the Certificate of Occupancy. Issued by your local city or county government, a Certificate of Occupancy (CO) proves your home is safe for you to live in......[Read More]
What Is a First Lien HELOC?

What Is a First Lien HELOC?

A Home Equity Line of Credit, also known as a HELOC, is a way for homeowners to borrow against the value of their home. They can use the money for any purchase, including making home improvements and paying off other debts, including other mortgages. Although most HELOCs are second liens, they can a......[Read More]
Can a Realtor Give Comps to the Appraiser for an FHA Loan?

Can a Realtor Give Comps to the Appraiser for an FHA Loan?

The Federal Housing Administration assists borrowers of modest means in acquiring affordable mortgages for refinance and purchase transactions. FHA insurance protects lenders' investments, allowing them to lend to credit-challenged and low-income applicants by reimbursing a lender's losses if a home......[Read More]
Easy Ways to Sell Your House When Mortgage Stress

Easy Ways to Sell Your House When Mortgage Stress

Have you told to yourself, ‚¬"I really need to sell the house.‚¬? Having a kind of situation whereby you are thinking to sell your property is without a doubt bad even though you have some ... ......[Read More]
How to Get Conventional Loans

How to Get Conventional Loans

A conventional loan or mortgage is not backed by the federal government, such as like Federal Housing Administration (FHA) loans. Conventional loans present potential benefits for borrowers such as underwriting flexibility, loan fee negotiation and less strict guidelines than federally insured loans......[Read More]
If a Loan Modification Is in Progress, Is the Scheduled Sheriff's Sale Cancelled?

If a Loan Modification Is in Progress, Is the Scheduled Sheriff's Sale Cancelled?

In a perfect world, if you were negotiating a solution to a foreclosure, the foreclosure would be stayed until the negotiations concluded. Certainly, if the loan officer told you his company would hold off on the foreclosure, you could believe him. But the world populated by large banks is far from ......[Read More]
FHA Government Programs

FHA Government Programs

Government loans help revitalize neighborhoodsAmerican Flag image by dwight9592 from Fotolia.comThe Federal Housing Administration (FHA) was created by Congress in 1934 to address the difficulties of home ownership during tough economic times. The FHA became part of the U.S. Department of.........[Read More]
How to Request a Mortgage Rate Adjustment Fixed

How to Request a Mortgage Rate Adjustment Fixed

Many homeowners got in mortgage trouble when the price of homes dropped in 2008 and 2009. They may have bought a home using an adjustable rate mortgage, intending to refinance later to a more affordable loan. When housing prices dropped, it made this option practically impossible because it left man......[Read More]
Church Financing Options - Church Loan Difficulties

Church Financing Options - Church Loan Difficulties

A church loan is likely to be the most difficult type of business loan to complete successfully. Since churches are an integral part of local community infrastructures, it is important to explore all church financing options. A typical church loan will require strategies involving unique commercial ......[Read More]
How to Refinance Your 100% Mortgage

How to Refinance Your 100% Mortgage

With the current events in the United States economy, many borrowers are finding it harder and harder to refinance to take advantage of lower mortgage interest rates. There are, however, a few options for borrowers who owe 100% or more on their current mortgage. Not every borrower will qualify, but ......[Read More]
Mortgage Loan Modification Process

Mortgage Loan Modification Process

Are you looking for ways to prevent foreclosure? Have you heard about mortgage loan modification? If so, you must be thinking how the mortgage loan modification process works. You have come to the rig......[Read More]
SMSF Lending and Borrowing Is a Great Way to Secure One’S Investment and Assets

SMSF Lending and Borrowing Is a Great Way to Secure One’S Investment and Assets

Self Managed Superannuation Funds, abbreviated as SMSF are also refer as DIY or Do It Yourself funds. These are managed by ATO that is the Australian Taxation Office. Anyone who is a member of these ... ......[Read More]
Refinancing Ideas

Refinancing Ideas

Refinancing is the process of taking out a second home loan using the equity present in the property you own. While refinancing is not always possible, it does provide an opportunity for you to pay off your first mortgage and save money by altering the conditions of the second. Even if you do not pl......[Read More]