7 Mortgages

Loans and Refinancing Directory

10 benefits for Florida FHA Mortgage Applicants

There are several major benefits for Florida home buyers choosing an FHA Mortgage Loan if you’re a Florida First-Time Home Buyer..

There have been several changes by HUD to the FHA Mortgage approval process over the years. continue reading…

Mortgage is a loan that is obtained to close the gap between the cash in hand for a down payment and the purchase price of the home. While opting for a home mortgage loan, choosing the type of loan can clear half of the hurdle. There are various types of loans like fixed rate mortgage loans and adjustable rate. continue reading…

1st mortgage & equity loan on house hill foreclosing?
If I stop paying my bank on the 1st mortgage, the bank will foreclose my house, how roughly the equity loan that I own, will it still be on me even the bank took the house back? The primary mortgage holder will deal in the… continue reading…

President established the “GI Bill” which allowed the Veteran Administration (VA) to coordinate benefits for its service people.  One of these programs, known as the Home Loan Guaranty Program, was created to help returning veterans and their families assimilate back into civilian life after sacrificing so much personally for their country. continue reading…

You need a mortgage that is a small amount bigger than you can qualify for regularly and you know it won’t be a struggle financially after the wife returns to work next year. You don’t intend to take any of the adjustable rate mortgage choices as rates are heading higher, so how can you have your cake and eat it too? continue reading…

Selecting a mortgage for your home could be the most important financial decision you will make.  It’s an obligation you assume for many years and a small difference in any part of the negotiations can make a big difference in your monthly payments.

Mortgage lenders want your business so don’t be afraid to negotiate.  Do your homework and let them know you’re shopping around for the best deal.  The more you know, the better position you’re in to bargain. continue reading…