Responsibility in Home Loans Goes Both Ways

An interesting look at two actual cases of dubious lending practices, both here in Phoenix, AZ and one in California that have resonance for homeowners across the nation.

Help In Getting A Mortgage On A Small Income

Tips for getting Mortgage on a Low Income and Bad Credit. Getting a self certification mortgage is the most popular option for taking out a mortgage if you on a low income

Your Mortgage Interest Is Robbing You Of Your Retirement - Your 6% Loan May Be Costing You 102%

Did you know that on your typical 30-year mortgage, it takes approximately 21 years just to pay down less than half of the principal of your loan? The Mortgage industry's big secret has been kept away from the public since the Roosevelt administration. This little known secret has been taking you (and every other homeowner) for a very costly ride. Your 6% LOW INTEREST MORTGAGE IS REALLY costing you upwards of 60% or more!

Mortgage Contracts Could Be Cheaper for Consumers

The two leading mortgage giants in the industry are teaming up to propose a new way to conduct mortgage contracts through less paperwork, which could ultimately save consumers over $1 billion.

Mid-level Loans Also Becoming More Delinquent

In the mortgage industry, loans are issued to people according to their credit score, income and a few other financial factors.

Think Again if You Expect to Easily Qualify for a Subprime Mortgage

The United States housing market has been battling a difficult correction over the past year but one of the most impacting economic factors that many people are not talking about is the rising number of foreclosures and what it means for many mortgage companies across the country that specialize in subprime lending.

Pros and Cons of a Home Equity Loan

Here are some of the main pros and cons to using the equity in your home for a 2nd mortgage. You might be thinking of taking a home equity loan to do some home improvements or consolidate debt. Many of these equity loans come in the form of a home equity line of credit (HELOC). While often a great option for you, here are some things to ponder while deciding:

Consumers To Target Mortgage Lenders Over Fees

Mortgage lenders will be the target of the next consumer campaign over the issue of unfair charges, according to the Independent. The prediction comes as lenders have until the end of the month to reduce mortgage exit fees or be in a position to justify why fees should be fairly raised mid-term.

Should You Go With Seller Financing?

When it comes to financing a home, the options are surprisingly large. In this article, we take a look at whether you should consider going with seller financing.

Mortgage Debt Consolidation Loan

Don't drown in your non-mortgage debts! If you are willing to educate yourself now you will realize that you have many options, especially if you are a homeowner. A mortgage Debt Consolidation loan may be the solution for you.

Online Mortgage Quotes - Fees to Watch Out For

If you are considering using the Internet to find mortgage quotes, there is a hidden fee you need to be aware of. A large number of websites sites charge this fee, as much as $1,300 to unsuspecting homeowners that visit their sites. Here are several tips to help you avoid overpaying when requesting mortgage quotes on the Internet.

What You Need To Know Before Purchasing A Mortgage

Information consumers should know before taking out a mortgage.

Off Balance Sheet Financing for Builders - The Best Use of One Time Close Construction Loans

Builders, are using your own credit and resources to finance the houses you build? Would you rather use OPM? - Other People's Money