Author: Arush KeerthiThe current mortgage market is recovering slowly under the reels of financial crisis.According to the latest report,the number of mortgage products on offer has risen to 2,430 having dipped from 3,384 to 2,182 over the January to August period.Hence,the prospective to avail mortgage loans are much brighter than before.The progress is steady but slow. It is very true that lenders are quite hesitant to approve loans.They are...more
There is no one in the world who would not want to have a sweet home of his home. But then, how many of them are able to afford the same. There are so many people around the world who either have no place to live or they have rented apartments. However, there are some people who have some money but then it is not sufficient enough to buy a house. Buying a house is a big investment and a big decision, it is not like buying move tickets that you...more
Recently there was report, introduced to the public by the National Consumer Law Center, titled "Subprime Revisited: How the Reverse Mortgage Industry Puts Older Homeowners at Risk." Not surprisingly, this report has gathered a lot of attention and has given the naysayers of them fuel to continue reporting on only the negative aspects of a product that, for some, can be a life saver. Most mortgage products available in the United States today are not inherently good or bad, but rather serve specific purposes to help particular groups of people. This is very true for the reverse mortgages made available to people 62 and over with sufficient equity in their home. Many people fail to note that safeguards have increased for federally insured reverse mortgage loans and the proprietary market has dwindled significantly because it does not feature the same safeguards. A great deal of the abuses in the report have already been regulated and should no longer be considered negative aspects of the reverse mortgage market. Some things which many uninformed reporters choose to constantly scrutinize are the "sales tactics" of reverse mortgage loan providers, shared equity mortgages, and...more
Recently, a prominent business magazine published an article about a young woman who bought a home with an FHA loan and made the required 3.5% down payment. This article is one of the most biased and devoid of facts that I have seen in a long time. It briefly describes the process for obtaining an FHA loan and then transitions into attacking a...more
Author: Barbara NSurely, you have heard of the money tree plant? Are you wondering what it is and why so many people are talking about it? They are talking about it for good reason. This is one plant you need to know about. The money tree plant, fancy name Pachira, is a plant that is easily grown indoors (or, in some cases outdoors) that is...more
Mortgage Assistance Group - Loan Modification Programs - 500 Families Saved and Counting!The waive of foreclosures is far from over as we manage our way through this recession. Unemployment climbs to record highs as we prepare for a second waive of mortgage loan resets and adjustments.With all the hype, confusion, and negative press regarding the real estate market, Mortgage Assistance Group has effectively and successfully helped soften the blow for hundreds of families both in their native city of Glendale, Arizona and nationwide."Its a mindset," Stan proclaims, "A choice that each homeowner must make as they finally acknowledge and assess the situation they find themselves in". Owner and CEO of Mortgage Assistance Group Stan has seen his company grow as failed government help and ill equipped lenders struggle to properly recognise the national foreclosure and toxic mortgage epidemic. "The homeowner who is proactive will get exactly what they want. They know the have a very serious problem and they are determined to take the situation by the horns. Those families will stop foreclosure and move forward with a dramatically new lower payment that fits their particular financial...more
Oklahoma USDA Mortgage and Home Loan Program Information The majority of people do not know that USDA (United States Department of Agriculture) has Home Mortgage programs.Oklahoma USDA (United States Department of Agriculture) rural mortgage program...more
Author: James TameIs wealthy affiliate a scam, find out whether or not wealthy affiliate is a scam! This Wealthy Affiliate Scam review will open your eyes and tell you from a member's point of view what it's like being a member of the...more
Author: Pinki GuptaHow to Refinance Home Loans and Mortgages SoulationGetting a mortgage is usually clear a significant step in owning a house. But what used to be a pretty wearisome process of choosing from a few mortgage or loan companies have now...more
Author: Pinki GuptaHow to Get Mortgage Loan BrokerThe counter mortgages are home equity loans, which are getting very popular among above Americans. That is a sign about the increasing hunger to make some extra cash for daily living. Visit here now...more
Mortgage refinancing can bring in many benefits for the individual, however its important to understand the process in details, and consider the pros and cons. It has to be carefully considered whether refinance is required in the first place, and if...more
Author: MattmorganWorkers who have taken electrician training courses might find that their services are currently in demand after the Bank of England announced that mortgage approvals increased in November. According to the organisation, the number...more