Predatory lending is when lenders in the mortgage industry do things that aren't right. These kinds of lenders take the borrower's home equity and put them at risk of losing their home. But you don't have to get a loan from a lender who takes...
Brokers of mortgages and the FSA
In the UK, to become a mortgage broker, a person must pass a series of tests given by one of two training organisations. The person who wants to become a broker will also have to get enough training and...
If you want to refinance your home to get a better mortgage rate, you should think about a number of things and learn the tips and tricks that will help you get the best rates. You should never accept the first offer to refinance. You'll get the...
Since there are no rules about how mortgage brokers get paid, it is important to remember that they can charge whatever they want for their services. Since the number of brokers in the residential real estate market has steadily grown to the...
To get the best mortgage loan possible for your situation, you must work with a good mortgage broker. Here are some questions you can ask yourself to help you figure out if your mortgage broker is good or not.
Your broker should act...
In the past few months, the mortgage industry has changed, and many of the more flexible mortgage programmes have been shut down. As a result, borrowers have been looking for home loans that fit their credit and income profiles. Jim Kemish, an...
No matter what you want to invest in, you will probably need to work with a broker. When getting into the stock market for the first time, picking a broker is the first step and could be the most important choice you make. For example, how much...
Well, if you don't want to, you don't have to!
Anyone who wants a commercial mortgage can apply and negotiate directly with any commercial lender. However, some commercial mortgage lenders will only work with professional mortgage...
A Guide to Business Mortgages
When getting a commercial mortgage, it's important to know what to expect. Too often, business owners need money quickly and take the first deal they find. When choosing a commercial mortgage, you should...
This is what a bridge loan is. That is, it bridges the time between when you really need money, usually to keep your house from going into foreclosure, and when you can get financing. The loan is then paid back with the money from the new source...