Looking for good sources for sound mortgage and financial advice? If so, keep reading – you’ll find below our five great twitter feeds for mortgage and financial advice. Social media is great for all sorts of things. It helps pull people together and create relationships. People who have a hard time finding friends in their […]
Answers By Experts
Learn the answers to what documents do I need to get a mortgage or buy a house. Get more home buying tips and information about home mortgages and credit.
Choosing between a 30 year mortgage and a 15 year mortgage may be just a matter of of preference and playing it safe. You can always get a 30 year mortgage and make payments like you are paying on a 15 year mortgage.
Parents – help your kids to buy a home with either down payment or income assistance – better yet help them get ahead in the financial rat race once they leave the nest. Learn more at GetPrequalified.com about why you may want to help your kids buy a home.
What do I do if my home value is less than my mortgage balance? Options include a loan modification program, a short refinance, a short sale, walk away, pay down mortgage with retirement funds, keep paying on time, call HopeNow.com, keep calling your mortgage company, create and present financial hardship to your lender.
Should I Get A Personal Mortgage Insurance Policy is a question asked by many first time home buyers and older repeat buyers. You may get a Personal Mortgage Insurance Policy but it is not necessary if you have enough coverage with your life insurance policy.
Credit Counseling and Debt Settlement are not the same process. Debt Settlement and credit counseling both impact your ability to qualify for a mortgage but in different ways. Use Credit Counseling to reduce interest rates and use debt settlement to reduce debt. Use both to get out of debt to qualify for a home loan.
Buying A Home With Credit Scores Less Than 580 Is Getting Difficult. FHA is your only option since most subprime mortgages are gone. Late payments and collections among other credit problems drop credit scores and keep mortgage lenders from qualifying home buyers with these problems. Here are suggestions for how to buy a home with lower scores.