Loans Archive

Let’s not single out the mortgage broker in the arena of lending. Let’s put the blame squarely where it lies: With the lender, the IRS, and with the government. As head of the Green-lining Coalition, …

For many people, their home is the most expensive thing they own and also the largest concentration of wealth that they have. In addition, home values are at least somewhat predictable and unlike cars, homes …

As the housing and mortgage industry in the United States continues its descent, here comes yet one more product to add fuel to the fire: the option payment mortgage. Even worse than the infamous “no …

If you are one of many consumers who have surpassed their spending limit and are feeling the pressure of debt collectors or have suffered the closing of their credit cards, we can give you some …

Those who have been forced to deal with foreclosure cannot imagine that anything could be worse. After going through the humiliation of losing a home due to a financial crisis, the homeowner could be convinced …

When making this decision you need to have a firm idea of how long you plan to live in your current residence. This is the primary factor against which you measure the cost vs. benefits …

In all fairness to the way they currently write mortgages, and from being in the business for a short while, I must say, that they have it all wrong.  I removed myself from the industry …

Personal loans are a good way to generate the income you need for a wide range of needs. Such loans are guaranteed by the banks, loans, private investors, and online lenders. It is important that …

Before purchasing a home pre-qualifying for a loan is very important. This will give you a better idea of how much home you can afford. When applying for a loan check your credit history this …

I am going to go in a completely different direction here. I want to believe that within my 29 years of life I have learned a few things. I don’t think that the type of …

Why are student loans important for those of us who want to go to college? Student loans are the main reason why kids are allowed to go to college in the first place. Not only …

This is a great time to buy a home but a very bad time for speculative real estate investments. The challenge is getting financed. For those with perfect credit, consistent job history and low debt …

Maximizing your chances at scoring a great loan, with low interest and friendly repayment terms, is like an athlete training for a major sporting event: it takes time, preparation and effort. Get your credit history …

A home improvement loan is a loan that allows the borrow to make improvements and additions to their property. Most loans are limited to permanent improvements that will remain with the property; additions, decks, garages, …

More and more people are requesting interest only mortgage loans every year. The Council of Mortgage Lenders has reported an increase on the requests of these loans of up to 20% in the last few …

While it may not seem like such a secret, there are some strategies that when used as a part of an overall plan can help you get the best home loan. Some of the following …

Choosing the right mortgage lender for your needs is vital and involves far more than simply applying to your current bank. There are many mortgage products to choose from, lenders which offer them and interest …

It is perfectly possible to be working full time in America these days and still be poor, simply because life is lived from one pay check to another, with no chance of improving ones financial …

Buying a home requires more than money for a down payment. Upon buying a home, other costs of living increase. Because purchasing a home is an investment, careful calculation of costs prior to purchase will …

College these days is an expensive ordeal to say the least, and you are going to need all the help you can get. There are many ways you can go when it comes to getting …

Variable Interest Rate: A variable interest rate loan, often referred to as an ARM (adjustable rate mortgage) is a mortgage that has an interest rate that can adjust. Typically, the interest rate is tied to …

So what is to come of this year 2009? Something many potential homebuyers are not too keen on hearing. Starting January 1, 2009, an FHA loan down payment has increased from slightly less than 3% …

Over the last several years, a large number of people have decided to use a short term loan to obtain funding for an immediate need. Many people use a short term loan for bridging the …

For the people that are interested in obtaining a mortgage loan to obtain a home, finding the right mortgage company can be a complicated undertaking. By having a guide on how to choose the right …

There are two types of personal loans that come to mind when discussing the issue of when a personal loan is a bad idea. The first, and by far the worst, is a payday loan. …

Many consumers think they have it bad paying credit cards with interest rates of anywhere from 25 to 35 percent, however this fails in comparison to what some people are paying. Recently we’ve seen the …

The Subprime Mortgage crisis is inspiring banks and other lending institutions to tighten requirements for housing loans. As a result, people with big dreams of owning a home but little money set aside are looking …

There is a distinct difference between losing ones home to foreclosure due to an inability to meet the mortgage payments, and simply walking away when the payments are still affordable. There is a rising tide …

Sweep loans are a type of loan that allow the borrower to move funds between accounts to pay off a loan balance. Sweep loans are established to allow for more convenient personal money management, optimal …

Confessions of a Loan Jockey: The news is full of it. Every morning as I struggle to awaken I peruse my local paper only to get more bad news followed by even worse excuses as …