For a loan officer or for a mortgage broker, mortgage leads can be a great mine of new prospects. These leads can be obtained using various websites where people do searches for mortgages. Here are the basics of a mortgage lead. (more…)

Unless you have been in the home loan market for some time, you may not understand the concept of discount points. Points are upfront fees paid to the lender that induces them to lower the interest rate on a loan. When the rate is less, so will the monthly loan payment. (more…)

With banks now following strict underwriting requirements and with the prime rate expected to rise over the next few years, now is probably the right time to take a closer look at fixed rate mortgages over the variable or adjustable counterparts. (more…)

Alright boys and girls you are staring foreclosure right in the face and now you need some practical mortgage foreclosure solutions to help you keep your happy home and make sure your lovely wife doesn’t leave you for the mailman. (more…)

People worldwide compare finding a good home and extremely competitive mortgage loans with finding a needle in a haystack. But thanks to numerous online mortgage calculators you can easily find what kind of home you can afford, the amount of mortgage payment you would be able to afford easily and how you can bring down your premium amount. (more…)

Banks have been cutting their home loan portfolios back, that is for sure, but the careful borrower can still find a mortgage. (more…)

There are people who dream of living in an island paradise and then there are people who buy an entire island to become their playground. Think Mel Gibson. Well, since you are neither one of the two, you can invest in real property in the island paradise of Antigua in the Caribbean! (more…)

US mortgage industry has never witness a worse scenario with more than 1 million mortgage debtors looking for mortgage modification process to prevent property foreclosures. Decreasing value of US homes and stricter guidelines by investors have brought many homeowners across the country in a no go situation. It has become extremely difficult for the borrowers to either refinance or sell their homes. (more…)

We are presently in a condition where everything about the economy is uncertain. But even in these unsure times and in an almost undefined lending market, there are still property owners who are in need of financing. Their financing needs vary from new financing to revolving lines of credit to structured financing (often to recapitalize property investments) to existing loan refinancing for more favorable terms. In these troubled times, self storage owners are facing the challenging of finding the best lender to help them in their self storage loans. (more…)

Home improvement projects don’t have to be little jobs you finish on the weekend. With home sales still low, many people are beginning to improve the houses they live in, and they’re doing it with major remodeling projects that require fair amounts of money. (more…)