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Where to Find a Free Mortgage Calculator?

4/24/2008 4:46:17 AM

Do you want to buy a new house, but don’t know what you can afford to pay? Before beginning the search for a new home, everyone should consult a free mortgage calculator. Mortgage calculators are an excellent tool because they provide an estimated monthly mortgage payment. This way, you know how much you can afford before beginning your search for a home.

The mortgage... Read More

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The Four Factors that Guarantee Mortgage Approval!

4/16/2008 6:08:11 AM

The “Four Factors That Guarantee” Loan Approval!

There are basically four factors that guarantee your mortgage will be approved with lenders now after all of these corrections in guideline requirements. They are:

Work History - (2 Years work history in a related field) Your employment should be in the same area of expertise or be in related field if possible and you should... Read More

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Your MORTGAGE A,B,C’s: Understanding How a Mortgage Works

4/7/2008 9:52:23 AM

A mortgage is a long-term loan that a borrower obtains from a bank, thrift, independent mortgage broker, online lender or even the property seller.

The house and the land it sits on serve as collateral for the loan. The borrower signs documents at closing time giving the lender a lien against the property. If that borrower doesn’t make mortgage payments as agreed, the... Read More

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