Category Archives: Mortgage

question to lenders

10 Important Questions You Should Ask Your Lender

Getting a loan is a big deal. It’s not simply an act of borrowing and lending, it is one that involves a great many conditions, fine details and a host of fees that you didn’t even know existed. While loans can get you out of financial troubles, they can also dig a hole much deeper than the one you started with if you’re not careful and well informed.

mortgage investment

Is A Mortgage A Worthwhile Investment?

Defining how to invest money in this tumultuous economy is a topic which could be argued correctly in either direction. Investing money into anything – stocks, mortgages, bonds, or anything, requires careful deliberation,

flood insurance

Flood Insurance – Protecting Your Home From Heavy Rain And Flooding

Not everyone knows that any losses incurred during a flood are not included in home insurance. This is because flood coverage is always written as a separate policy. If you live in a flood hazard zone indicated by the National Flood Insurance Program or NFIP, you will be required to have flood insurance along with supplemental coverage.

mortgage borrowers

Mortgages – What Sort Of Borrower Are You?

The mortgage market is complex and you are one of the complicating factors. The sort of borrower you are will affect the sort of deal you are able to get.

mortgage

Saving Up Money for a Down Payment? How to Reach Your Goal Faster

When you are taking out a mortgage on a new home, one of the best things that you can do is to save up as much money for a deposit as possible. Financial experts advise that you save up at least 20% of the house value for a deposit.

debt-management

The Secrets of Managing Debt

The secret of managing debt is to prevent problems before they become problems. It’s all about avoiding unneeded debt, purchasing what you can, and only going into debt when you can afford it. Loans offer a great escape from financial burdens. They get you the money you need,

mortgage-refinance

Refinancing Your Mortgage To Save Money

If you’re looking to release some of the money tied up in your home, or simply want to take advantage of falling interest rates, then you may have considered refinancing your mortgage. People switch to different types of mortgages all the time, whether it’s because they can benefit from an improved credit score, or they want to lower their

Home Mortgage

Deciding Whether To Refinance Your Home Mortgage

It can be very difficult to resist refinancing your home when rates dip to historic lows. But regardless of how tempted you are, refinancing should be considered a sensitive issue that requires a lot of thought. Refinancing may bring numerous benefits, but some homework is required to figure out whether refinancing makes financial sense.