The Home Equity Loan Zone

Tip! Keep in mind that most “Foreign National” mortgages require a minimum of 20% down payment with some special programs requiring 30% or even 35% down. Although there are many mortgages offered with lower down payments the vast majority either are not available for non American buyers or have some strings attached.
If you are considering […]

Tip! Compare offers from several home equity lenders or mortgage brokers to determine which second mortgage is the best choice.
A conventional mortgage with a thirty-year period would be amortized over the thirty years. The monthly payment to the lender has two parts, one portion is a repayment of the principal of the loan, this is […]

Tip! Start the process early – Get pre-approved for your mortgage before starting your search for a home, in the current market in Florida many property sellers will not take an offer seriously if the potential buyer has not been pre-approved.
With mortgage rates near 20-year lows, competition in the mortgage industry is fierce. It seems […]