Archive for the ‘mortgage’ Category:

How to Withdraw from Your 401k or IRA for the Down Payment on a House

{ Posted on Jun 06 2011 by Kira Botkin }
Buying a home can be a big step towards securing your financial future, but saving for the down payment can be very time-consuming. However, if you already have money in your retirement accounts, you might be able to use it to speed ...Read More »

How to get a mortgage

{ Posted on Jun 02 2011 by Z }
There have been many complaints of a consumer credit crunch, especially coming from those in the market for a new home. While the money isn’t always easily found, there are more than a few opportunities for borrowers to get into ...Read More »

What Is Mortgage Payment Protection Insurance – Pros & Cons

{ Posted on May 18 2011 by Chris Bibey }
If you have a mortgage on your home, chances are you’ve gotten plenty of offers for mortgage protection insurance. For example, shortly after I signed the papers for my new home, I started receiving mailers with information on mortgage protection ...Read More »

Refinance RIGHT NOW – Lock it in!

{ Posted on Apr 12 2011 by Z }
The economy is showing greenshoots, or so says Ben Bernanke, commodities are exploding and many of the world’s central banks are starting to push rates higher. This is your last chance to refinance your mortgage, so if you’re going ...Read More »

Buying a House with Cash – Pros and Cons

{ Posted on Apr 04 2011 by Pat S }
Picture this: You find the perfect house, forgo the bank and the associated mortgage paperwork, and break out your checkbook to purchase a home outright. While paying cash for a home is a still a far-fetched dream for many people,  it’s actually ...Read More »

Tax Implications & Consequences of a Short Sale or Foreclosure

{ Posted on Apr 01 2011 by Kevin Mercadante }
Over the past few years, millions of Americans have faced the pain of foreclosure, and many are still navigating the frustrating process of short sales to sell their homes. Each ordeal comes with a long list of hardships, but most ...Read More »

3 Types of Mortgage & Housing Scams to Watch Out for – Don’t Be a Victim

{ Posted on Mar 11 2011 by Kalen Smith }
Recession-related job loss, cut backs, and bank crackdowns have left many debt-mired homeowners wondering what they can possibly do to save their homes from foreclosure. Unfortunately, for every downtrodden soul, there is a scumbag con artist waiting to take advantage. These crooks ...Read More »

Fannie Mae’s Know Your Options – Get Mortgage Help & Learn How to Avoid Foreclosure

{ Posted on Feb 25 2011 by David Bakke }
This post brought to you by Fannie Mae. All opinions are 100% mine. If the ongoing economic downturn has led to unemployment or a general decrease in your income, you’re probably struggling to meet your monthly home mortgage payment. Whether you’re first starting ...Read More »

Is a Biweekly Mortgage Payments Plan Right For You?

{ Posted on Jan 14 2011 by Casey Slide }
My husband and I have owned a house for nearly three years, and we are constantly getting solicitations in the mail about paying our mortgage biweekly. The letter typically goes on to say how many years you can shave off your ...Read More »

How to Calculate Debt-to-Income Ratio for a Mortgage or Loan

{ Posted on Jan 13 2011 by Guest Author }
You probably know, or can figure out, what a debt-to-income ratio is and that lenders use it to decide if they want to offer you a loan or mortgage. What you may not know is that the way lenders evaluate loan-worthiness ...Read More »