Blogspot - homemortgagehandbook.blogspot.com - Home Mortgage Handbook
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Avoiding Foreclosure 19 May 2011 | 01:31 pm
Making your mortgage payments on time is the best way to avoid foreclosure. Job loss or health problems can put you in a bad spot financially, and one of the worst case economic disasters for anyone ...
Foreclosure 14 May 2011 | 07:44 am
I decided I should take some time to discuss the dreaded foreclosure. A lender may foreclose on your home if you fail to meet certain conditions associated with your loan, typically non-payment. The...
Types Of Home Loans 7 May 2011 | 09:22 am
It is very important to understand the terms and conditions of each kind of loan, so that you can choose one that best suits your needs. Fixed Rate: Includes a specific loan repayment amount. This ...
Reverse Mortgages 2 May 2011 | 10:43 am
A reverse mortgage is a special kind of loan insured by the government that converts your equity into cash. Unlike a traditional mortgage where the homeowner is making payments to the lender, the len...
Refinancing 28 Apr 2011 | 01:11 pm
Refinancing is essentially taking out a loan to replace the one you currently have, in hopes of getting a better rate. With the recent economic crisis, refinancing and debt consolidation have become ...
Increasing Your Homes Value 24 Apr 2011 | 02:47 pm
Small investments in your home can result in large profits. Start small, sometimes something as simple as painting your house can offer a greater return than adding a deck. Remodeling does not alway...
Home Equity Loans 20 Apr 2011 | 06:43 pm
A home equity loan is essentially borrowing money from a bank against the equity that you have established in your home. Home equity is the difference between the fair market value of your home and th...
Three Tips For Getting The Best Mortgage Rate 18 Apr 2011 | 04:38 pm
Your FICO score - The difference between a 700 score and a score of 698 can be half a percentage point. Debt to Income Ratio - A bad ratio can take you out of mortgage eligibility all together, and...
Adjustable Rate Mortgages 16 Apr 2011 | 08:49 am
ARMs allow you to choose from several payment types each month. These options include a typical payment of principal and interest, interest only payments, and a minimum payment. These loans can be v...
Purchasing Your First Home 16 Apr 2011 | 07:30 am
When buying your first home it is important to be well informed on the mortgage process so that you can take advantage of the best rates available. The FDIC offers information on how to find a mortgag...
