Home Equity Loans and Rates: Getting a Second Mortgage Loan to Avoid Mortgage Insurance

Thursday, May 31st, 2007

Tip! If you are renting and are applying for a mortgage to purchase your home, you will need the names and address of your landlords for the past two years.
If you buy a house with less than 20% down or if you haven’t built up at least 20% equity before mortgage refinancing, you’ll typically have […]

Home Equity Loans and Rates: Balloon Mortgage Basics

Wednesday, May 30th, 2007

Tip! APR stands for the Annual Percentage Rate.
Balloon mortgages have a bad reputation these days; however, when used properly they can be an excellent short-term fix to a financial need. Here is how you can use a balloon mortgage to your advantage.
Balloon loans are a short-term mortgage that provides very low monthly payments and […]

Home Equity Loans and Rates: Alabama Mortgage - What to Expect When Buying a Home in Alabama

Tuesday, May 29th, 2007

How To Get A Mortgage. Mortgage eBook with easy to understand basic steps to getting a mortgage.
Maybe you’re buying your first home in Alabama, or perhaps you’re relocating to Alabama from another state. Either way, it’s important that you educate yourself on Alabama home loans before shopping for a home and mortgage. This article explains […]