The Home Equity Loan Zone

Tip! Closing costs include things such as real estate transactions, attorney fees, appraisals, credit reports, prepaid interest, homeowner’s insurance, title insurance and reserves that the lender collects for future taxes and insurance.
Predatory mortgage lending describes any lending practice that takes advantage of the homeowner. These practices can cause you to overpay for finance […]

Tip! Compare offers from several home equity lenders or mortgage brokers to determine which second mortgage is the best choice.
The mortgage application process requires considerable paperwork and can be quite frustrating even if it is not your first time through. First there is an application form that you will receive from your lender. This application […]

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.
During the past few weeks several mortgage lenders have announced that they will now offer […]