mortgage

Home Buying Down Payment: How Much Down Payment You Need, And What Your Options Are

A number of key decisions should be made when getting a home loan and the amount of down payment is one of the most crucial one. In determining the size of down payment you need to put in, there are many things to think about. As a whole, when you make a large down payment, your loan amount will be lower thus giving you a lower monthly payment. Furthermore, your down payment size will also be affected by the mortgage program you go for and your current available cash.

Should You Buy Your Dream House With A Home Loan?

Most, if not all, people have once envisioned their dream homes while they were still young or when they received their very first paycheck. Unfortunately, with the soaring prices of houses in the market, buying your dream house seemed far from becoming a reality. This leaves many wondering if they should settle with renting a house or securing a home loan. Which one should you choose?

Real Estate Tips: Typical Mortgage Modification Scams You Should Watch Out For

It's quite unfortunate how homeowners are being a target of scammers everywhere. As if these home owners aren't stressed enough in their foreclosure issues, scam artists still have these people as targets in their loan modification scams. These scammers are all over the web, and they even invade the public files just to get to their next victim.

Mortgage Tips And News: What Are The Important Mortgage Documents You Need To Sign

US consumers are protected from being abused with fees through the two new regulations. The TILA (Truth In Lending Act) and the RESPA (Real Estate Settlement Procedure Act) respectively protects the consumers from abusive closing costs and inter-services referral fees.

Home Buying Tips: How To Get A Mortgage As A Self Employed Individual

Self employed people have different issues to face when trying to get a mortgage. If you are a freelancer or an entrepreneur, you know that your income can fluctuate regularly and this can be an issue if you want to get a mortgage approval. But of course, there are still things that you can do to improve your chances at getting a mortgage. Here are some tips:

Mortgage News: PHH Mortgage Partners with Savana, Inc for the New Automation Solution of Single Point of Contact Process

New Jersey-based residential mortgage provider PHH Mortgage, has partnered with Pennsylvania-based software company Savana, Inc., for the deployment of its new automation solution for the Single Point of Contact (SPOC) process.

5 Steps To Pay Off Your Mortgage Sooner

More than ever, now is the best time for Aussies to start coming up with ways to achieving mortgage-free days, Yahoo Finance reports.

Why the Interest Rate Hike Will Not Greatly Affect the Housing Sector

The gradual increase in short-term interest rate will not affect the housing sector. In a previous report, it was said that skeptics thought the Federal Reserve was just bluffing when it announced that interest rates will be raised before the end of 2015.

Home Loans: 4 Ways You Can Borrow Down Payment For Your Dream Home

Are you planning to invest in a home this year? It is a huge and expensive decision, and before you can make your dream come true, you need to come up with a down payment first. If you need help, here are 4 ways to borrow money for your home.

Real Estate Home Buying Tips: Thinking Of Buying A House This 2016? Here’s What You Should Know

Is it a good time to buy a house this 2016? If you are thinking of buying a real estate property at this time of the year, here are some buying tips that you should know.

Rejected On A Mortgage Application? Here Are Your Next Steps

If you have experienced being rejected for a mortgage, you might feel like home ownership is already out of the picture. However, there are things you can do to reverse that rejection and find a loan that fits you. Here are a few pointers you can take to know more about your loan options and ultimately get a mortgage that is accessible to you:

Mortgage Pre Approval: What It Is And How To Avoid Being Declined

Mortgage application is a pretty long process with a variety of similar sounding jargons for you to encounter. If you are a first time home buyer. you might easily get confused or worse, stressed. But here's one lesson for you to learn today so you can lessen your confusion about the mortgage process. In this article we will discuss the "Pre-Approval Process".

The Rate Increase Could Mark the Start of A Gloomy Real Estate Future

WIth higher rates, will growth slump in the real estate market? As previously reported, the Central Bank has been hinting for quite some time now that they will be increasing interest rates.

Mortgage Rates Lower Despite Strong Employment Data

Is it the right time to purchase a new home or should you wait until the middle of the year? Find out what real estate experts have to say...

Getting Approved for a Home Mortgage This 2016

It is New Year and you are thinking of owning your own house or buying a new one. There are some questions that are running inside your mind, where to look, what to expect, and perhaps the most crucial one, is how to start paying the price tag.

Mortgage Tips: How to Pay Off a Mortgage Faster in 2016

How can one pay a mortgage faster? How can one pay a mortgage faster? While paying a mortgage is not a likeable idea for anyone, decreasing your mortgage with advanced fees or approaching a great deal prove to make great convenience.

Real Estate Tips: Top 5 Mortgage Tips For 2016

Although rates are beginning to increase, they are still near record lows so there is no need to go on panic mode just yet. But that doesn't mean you shouldn't be careful when buying a home this 2016. Here are some tips that can help you with your mortgage.

Heavy Mortgage Puts Young Homeowners at Risk of Financial Ruin

Typical In-debted households in Canada at risk because of lower than average income and heavy mortgage.

Owens Realty Mortgage New CEO Announced

Owens Realty Mortgage appoints Chief Financial Officer Bryan Draper as new CEO Owens Realty Mortgage has made the official announcement revealing who would become the successor of ORM Chief Executive officer William Owens.

Mortgage Application Volume Falls Dramatically; Home Prices Remain High

Will the decrease continue? The picture does not seem good. Two weeks after the Federal Reserve has increased the interest rate by a quarter point to a range of 0.

Home Buying Tips: Important Things You Need To Know About Buying a Home

It is better to be prepared...it is a long term commitment after all. It is 2016-are you ready to buy a home yet? If you are (and even if you are not) these are the things to consider before you make a long commitment that would surely affect not only your financial status but also your life in general.