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Guide To Refinancing Your Mortgage (via CobWeb/3.1 kupl1.ittc.ku.edu)
Author : ron king
Refinancing your mortgage can mean great savings for you and your family. Replacing your existing mortgage with a lower interest loan, changing the term of your loan, or even consolidating all your debts into this new loan could save you money, both monthly and over the life of the loan. The rule of thumb is when interest rates are 1.5 to 2% lower than you are currently paying on your mortgage, it's time to consider refinancing. Would Refi...
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Locating a Home Mortgage (via CobWeb/3.1 kupl1.ittc.ku.edu)
Author : jen
When it comes time for you to acquire a home mortgage for your first home or for a second home, or perhaps you are just looking to refinance. Whatever the case may be, it is important to shop around for a home mortgage. When it comes to a home mortgage, mortgage companies are very competitive, they want and compete for your business, so let them. There are many places these days to track down a home mortgage, the easiest being the internet....
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Considering a Mortgage Refinance (via CobWeb/3.1 kupl1.ittc.ku.edu)
Author : jen
If you are looking for a mortgage refinance, it never hurts to shop around for the best rate and deal. Shopping around could mean the difference between paying or saving thousands of dollars in closing costs, and interest fees’. If time happens to be on your side, and you don’t need to refinance your mortgage immediately, take some time to educate yourself about the mortgage industry. By educating yourself about the mortgage industry, you a...
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Finding a Bad Credit Mortgage (via CobWeb/3.1 kupl1.ittc.ku.edu)
Author : jen
If you are looking to purchase a home or refinance the one you are currently living in, but believe this may not be a possibility for you because you have bad credit, think again. Just because you have bad credit does not mean you will not be able to receive a mortgage. In fact there are many lenders out there across the United States that are know as wholesale lenders that specialize in lending money to people with bad credit. The names of...
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Mortgages - Don’t Get Pounded By Prepayment Penalties (via CobWeb/3.1 kupl1.ittc.ku.edu)
Author : Dan Lewis
Many people make a major mistake when applying for a mortgage. They are so relieved to get the loan that they fail to pay attention to prepayment penalties in the loan documents. Prepayment Penalties With the refinance craze of the last few years, many borrowers have been surprised to find they are locked into their loan with prepayment penalties. Boiled down, these penalties require borrowers to pay fees if they pay off the loan prior to a...
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Bridge Loans – From One Home to the Next (via CobWeb/3.1 kupl1.ittc.ku.edu)
Author : Dan Lewis
You’ve lived in your home for some time and circumstances such as an expanding family mean you need a new one. This brings up the subject of bridge loans. From Here to There You have two basic options when you are considering selling one home to move to another. The first option is to sell your home, make sure it closes and then find a new one. This is by far the safest option. The second option is to buy and sell at the same time. Typ...
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Honey, I Shrunk The Mortgage Interest Deduction – Plan 1 (via CobWeb/3.1 kupl1.ittc.ku.edu)
Author : Dan Lewis
The political landscape this year has been nothing but ugly. It promises to come to full boil with the proposed tax reform eliminating or reducing the mortgage interest deduction. Tax Reform or Raising Taxes There is an old saying about the two political parties. Democrats raise taxes while Republicans reform taxes. In both instances, we end up paying more money. In a very brave move, a bipartisan committee is recommending tax reform that ...
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Honey, I Eliminated The Mortgage Interest Deduction – Plan 2 (via CobWeb/3.1 kupl1.ittc.ku.edu)
Author : Dan Lewis
A bipartisan committee has made two recommendations to President Bush regarding tax reform. In this article, we take a look at the second option. Tax Reform A year ago or so, President Bush decided to spend his political capitol on tax reform and fixing social security. Social security reform went down in flames, so now it is time to see if tax reform is an option. In an effort to eliminate the Alternative Minimum Tax, the committee wa...
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Thoughts On Securing A Bad Credit Mortgage (via CobWeb/3.1 kupl1.ittc.ku.edu)
Author : Kevin Erickson
Over spending, the endless nights of partying, eating out and more or less buying everything on a whim, has most likely put a dent in your financial situation and will affect how you live your life for years to come. Clearly, the best option is to dampen your lavish lifestyle sooner than later. Alleviating yourself from huge credit card, as well as other head-spinning debts by assessing your options now, before all those debs start blowing up ...
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Looking for a Home Mortgage? Shop Around (via CobWeb/3.1 kupl1.ittc.ku.edu)
Author : jen
Looking for a Home Mortgage? Shop Around The mortgage industry is a highly competitive one, so it wouldn’t hurt you to shop around before you decide on which company and which program you would like to go with. There are two ways you can go about shopping around for a home mortgage lender. The first way would be to do the shopping yourself. Before you begin your shopping however, it is important that you take the time to educate yourself...
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