Essentials of Borrowing





imageedit_5_3949838586

Website Investments

Essentials of Borrowing

Mortgage Tips - Mortgage Free - Borrowing - Investing

Margin Loan - Investment - Shares - Stocks






Mortgage Tips For Nervous Buyers.

HERE'S A BIG TIP: ALWAYS NEGOTIATE. The first quote you're offered is not the bottom line. It's easier to get a better deal from one lender if you've been offered a good one previously by another. You can use this as ammunition when speaking to the loan officer. You'll likely be dealing with a call centre or a junior loan officer initially. You can say you're definitely interested, but want a better deal, close the conversation, hang up, then wait for them to get back to you. Buy in Novem........ Read More

Adverse Credit Mortgages - Home Buying Tips

Bad credit mortgage loans are available to individuals with bankruptcies, foreclosures, repo's, low credit ratings, etc. Unfortunately, having a negative credit rating means a higher mortgage rate and a limited choice of lenders. Still, there are numerous home loans to choose between. Thus, homebuyers with bad credit can easily qualify for a mortgage. Who are Mortgage Brokers? If buying a home with bad credit, a mortgage broker is your best friend. Without using a broker, selecting the right m........ Read More

Tips Mortgage Companies Don't Want You To Know!

Mortgage brokers have a huge advantage when you are applying for a loan, this is because mortgages are their life. They know everything about mortgages and so can make a lot of money due to your lack of knowledge. Mortgage brokers know all about the wholesale interest rates that you will qualify for, and are able to add on as much commission as they want, just to make some extra money. Mortgage brokers don’t want you to know that there are certain tips to help avoid paying the full price of........ Read More

Tips To Help You Get The Best Mortgage Rate

Whether you are ready to get your first mortgage, or you are a seasoned veteran of the mortgage game, there are a lot of tips you can use to help keep your mortgage rates low and your total costs associated with the mortgage note low. Many of these tips only take a few minutes and can help save you thousands of dollars over the life of the mortgage note! First, like with any other purchase - shop around! Talk to several lenders and brokers about what they can offer you. You'll find that yo........ Read More

Mortgage Tips For The Greenhorn

In California we see amazing weather, great natural beauty, and many cultural offerings. It is not surprising that it is the most populated state in America. At the same time, one of my other places to reside at is Arlington Heights in Illinois. Though these two places are located far apart, there are similarities between them. Many of the homes in the state of California and in the city of Arlington Heights are the most coveted, though not necessarily the most expensive. Unless you are extrem........ Read More

Two Tips To Reduce Your Mortgage Costs

Here are two tips to help you reduce your mortgage costs and by doing so get closer to owning the entire home you live in. PAY FORTNIGHTLY Paying fortnightly instead of monthly is a very smart and very simple way to carve a decent sized hole in your mortgage costs. The mathematics are pretty straight forward; As we all know, a month is two fortnights, give or take a bit. But there aren't 24 fortnights a year; there are 26. Paying half your monthly repayment every fortnight means, in effect, yo........ Read More

Mortgage Tips For First Time Buyers

A home is the single most expensive thing most people will ever purchase. In addition, paying off a home loan can take as long as forty years and will involve paying an amount of interest that exceeds the cost of the house itself. In short, buying a house is not something to be done without a lot of forethought. With the average American living in their homes for seven years or less, most mortgages are probably offered to people who have purchased a home before. But there are always people who a........ Read More

9 Tips On Applying For A Second Mortgage

People usually apply for a second mortgage or home equity loan when they need money for debt consolidation, to pay large expenses or for home remodeling and home improvement. Second mortgages are generally categorized as fixed interest rate home equity installment loans (HELOANS) and adjustable mortgage rate home equity lines of credit (HELOCs). Which you choose depends on your needs, but the application and approval process is similar for both. These nine tips will help your loan process be as ........ Read More

Refinance & Mortgage Tips: Down Payment From Savings

Once you’ve figured out how much of a down payment you can make on your home mortgage, it’s time to determine how to document the source of your funds for the down payment and closing costs. Now you might be saying, “Why do they care where I get the money?” Lenders need to verify the source of funds to both assess the underlying risk in you as a borrower as well as to prevent loan fraud. This makes it imperative for you, the applicant, to maintain complete and detailed records of how the........ Read More

Mortgage Shopping Tips

When shopping for a mortgage loan, every lender will have different rates, fees and points for each loan program. When shopping for a mortgage loan, it is important to understand the three components of a Rate and Fee Quote: (1) Premium Rates (2) Lender Fees and (3) Discount Points. A Premium Rate offer is any interest rate above the market rate (referred to as the “Par Rate”). While the Par Rate changes constantly during the day, most lenders will commit to a specific Par Rate early in........ Read More

Mortgage - 3 Hot Tips To Boost Your Fico Score

Building a good credit score is a long term process. As they say a journey of a thousand miles starts with the first step. Beware of quick fixes. There are none except for the quick fix of getting into your wallet by way of a scam and there are some out there. Here are three sure fire ways to boost your credit score. The biggest component of the FICO score is the percentage of available credit you are using. The traditional way of course is to pay down your accounts to improve the percentage......... Read More

Refinance & Mortgage Tips: Your Down Payment Is Key

If you are buying a house, the first thing you need to figure out is how much of a down payment you can afford to make. This may seem like the sort of advice your father would give you, but rest assured there are a few reasons why knowing what you can put down and where you’ll get the money can make all the difference when shopping for a house and a mortgage to finance your new purchase. Before you pick up your local newspaper and browse the real estate section looking for a new house, call ........ Read More

Tips On How To Choose Mortgage Protection Insurance

The world of mortgage protection insurance can be extremely confusing when an individual is looking to take out a policy. Although there has been very little competition in the marketplace in the past few years, there are now a number of providers looking to attract homeowners to their mortgage protection insurance products and services. However, there has been no form of education for the average homeowner as to how mortgage protection insurance can help protect their home in the future and........ Read More

Tips To Get The Best Mortgage Quote

Most of the borrowers prefer to get the best mortgage quote before they actually settle in for a particular type of mortgage plan. There are many people who are on the look out for a professionally analyzed and well-researched mortgage quote that would suit a particular client and his situation. Here are a few essential tips to get the best mortgage quote which will help in getting the best mortgage quote and deal. # 1 Tip - In order to get hold of the best mortgage quote one must depend on ........ Read More

Mortgage & Refinance Tips: Determining Your Income

When you apply for a refinance, debt consolidation or purchase mortgage, one of the most important factors in qualifying for the loan is your income. That may not seem like much of a surprise, but you may be surprised at all of the different ways your income can be calculated based on how well you can document it, and how much this can affect your loan process. Get a leg up on the loan officer and learn how to determine your income yourself. Your lender looks at your income on the basis of how ........ Read More


Search

Essentials of Borrowing Articles

Mortgage Tips Mortgage Free Borrowing Investing
Margin Loan Investment Shares Stocks
Business Loan Personal Loan Home Loan Investment Loan
Superannuation

Essentials of Borrowing Books

Mortgage Tips Mortgage Free Borrowing Investing
Margin Loan Investment Shares Stocks
Business Loan Personal Loan Home Loan Investment Loan
Superannuation

Essentials of Borrowing





imageedit_5_3949838586

Website Investments