Refinancing: Focus On Rate or Term?

When searching for home loan refinancing and comparing what different lenders have to offer, what should one focus on: The Interest Rate Charged or The length of the loan's repayment term?

How To Deal With A Problem Remortgage

This article aims to address the issue of a problem remortgage.

How to Read a Truth-In-Lending Statement

One of the most important documents you will sign when obtaining a mortgage loan is the Federal Truth-In-Lending disclosure. Reading this document correctly will help you discern whether or not you are getting the right loan. Here are some tips to help you read and understand a truth-in-lending statement.

How to Read a Good Faith Estimate

When applying for a mortgage loan, you should receive a Good Faith Estimate (GFE) from each lender you apply with. Here are some tips to help you accurately read the form.

What If I Don't Like My Lender?

There are circumstances under which you might decide that it's time to get a new lender. Under these circumstances, here are some ways you can proceed without costing you an arm and a leg to switch.

What is a Mortgage Checking Account?

The Home Ownership Accelerator makes one simple change in your financial life. It combines your checking account with your home loan. So you flow all of your personal cash against your loan balance. Why is this a big deal?

The Interest Only Mortgage Payment - What are the Critical Dates That Impact Your Payment

Traditional mortgages require that each month you pay back some of the money you borrowed (the principal) plus the interest on that money. The principal you owe on your mortgage decreases over the term of the loan. In contrast, an interest only mortgage payment allows you to pay only the interest for a specified number of years. After that, you must repay both the principal and the interest. So knowing that your payment will at some point change, what are some important dates that will impact your interest only mortgage payment?

Virginia Debt Consolidation Loans - Refinancing to Save Money

If you live in Virginia and need a debt consolidation refinance loan, here are tips on finding the best interest rate on your refinance loan.

Will You Qualify For Bad Credit Mortgage Refinance?

Refinancing interest rates are on the rise and with bad credit you will pay a higher interest rate.

Guide to Reverse Mortgages in Arizona and Florida

Mortgages and loans play an important role in your financial planning. Read this article if you are likely to buy a loan in AZ or FL.

How to Shop For the Best Mortgage

Are your looking to get the best deal on your mortgage? This handy guide will help you shop for the best rate in the market.

Refinancing Buy-to-Let Mortgages

Remortgages now comprise almost half of all mortgage business written in the UK. This is largely due to the mainstream residential mortgage market.

What Exactly Are Home Equity Refinancing and Home Equity Loans ?

For starters, equity is the difference between the money owed on your property and how much your property is worth. For instance, if $130,000 is the price you can sell your home for and you owe $40,000 against its mortgage, $90,000 is the total amount of equity the property has accrued.

Mortgage Refinancing - Should You Trust a Mortgage Banker?

Many homeowners choose to refinance their mortgages with a bank as a matter of convenience. While it's true that banks are convenient, they're not going to give you the best deal. Here are several reasons why you should steer clear of your bank when refinancing your mortgage.

How To Calculate Mortgage Payment Levels

Once you have taken the decision to get a mortgage you need to be able to work out how much you can afford to pay. You can do this by performing a mortgage payment calculation. There are certain considerations when you calculate mortgage payment levels that suit you that you need to keep in mind - How much mortgage can I afford? What type of mortgage should I get? What kind of loan payment schedule suits me best?