Which type of mortgage is right for you? There are many types of mortgage loans, from the traditional 30-year fixed-rate mortgage to hybrid loans and interest only loans. What does each mortgage loan program offer? Learn more about the different types of mortgage loans in this Expert Real Estate…
Expert Real Estate Tips: What Is An Interest Only Loan?
What is a interest only loan? Interest only loans keep monthly mortgage payments low and are good mortgage loans for short term home owners. How do interest only loans work and how many years are interest only loans good for? Watch this Expert Real Estate Tips video on interest only loans and find…
What Is An Adjustable Rate Mortgage (ARM)?
What is an Adjustable Rate Mortgage or ARM? What is the difference between a fully amortized loan and an interest only ARM? Watch this Expert Real Estate Tips video about adjustable rate mortgage loans (ARMs) and how they adjust after a fixed period of time.
Advantages To Choosing 30 Year Fixed Rate Mortgage Loans
Is a 30 year fixed rate mortgage loan right for you? What is the advantage of a 30 year fixed rate mortgage? 30 year fixed rate mortgages offer security even if you plan to sell or refinance your home after a few years. Watch this Expert Real Estate Tips segment and learn all the advantages of a 30…
Expert Real Estate Tips: Estimating Mortgage Fees
Mortgage loan borrowers should expect to pay mortgage fees between 1% and 2% of the mortgage loan amount. Mortgage fees depend on the mortgage loan amount, mortgage loan type, interest rates and when in the month you closed on your home. Watch this Expert Real Estate Tips video for more information…
What Is A Fixed Rate Mortgage?
What is a fixed rate mortgage loan? A fixed rate mortgage means the borrower has the same monthly payments on the mortgage every month. Fixed rate mortgages are repaid within a specific time frame (10, 15, 20 or 30 years). Watch this Expert Real Estate Tips segment for all you need to know about…
Home Mortgage: The Balloon Loan
A home mortgage with one larger payment at some point is called a balloon loan. This type of mortgage is usually on a second mortgage. With these mortgage loans, most people will sell or refinance before the balloon payment is due. Watch this Expert Real Estate Tips video about these special…
Expert Real Estate Tips: Mortgage Broker Or Mortgage Banker?
What is the difference between a mortgage broker and a mortgage lender in real estate? Do mortgage brokers have an advantage over mortgage bankers with loan sources? Do mortgage brokers and mortgage bankers have the same access to funds? Watch this Expert Real Estate Tips segment for information on…
Biggest Mistakes Mortgage Borrowers Make
What are the biggest mistakes mortgage borrowers make? Mortgage borrowers mistakes include being disorganized with paperwork and not asking enough questions. Learn the mortgage lingo, be prepared and organized with paperwork (W2s) and avoid confusion by asking questions during the mortgage borrowing…
Mortgage Loan Application Documents: What You Should Know
Intimidated by the loan application documents for your mortgage loan? Understand the mortgage loan and document process, ask questions of your lender and read your mortgage loan documents carefully. Learn more about the mortgage loan application process in this Expert Real Estate Tips segment on…
Internet Shopping For Mortgage Loans: What You Should Know
Is shopping for mortgage loans on the Internet a good idea? The Internet is a good place to start looking for information on mortgage rates. Watch this Expert Real Estate Tips segment on Internet shopping for mortgage loans and interest rates and learn how to get the big picture on mortgage loan…
Expert Real Estate Tips: Shopping For Mortgage Brokers
How do you shop for mortgage brokers? Finding a mortgage broker is not just about an interest rate quote. Find a mortgage broker you can trust who will work with you one on one. Watch this Expert Real Estate Tips segment for more information on shopping for great mortgage brokers.
How Are Mortgage Brokers Paid?
What are mortgage brokers paid and how is payment calculated? What is a good faith estimate and how can you tell junk fees from legitimate costs? Watch this Expert Real Estate Tips segment for more information about mortgage brokers fees and how mortgage brokers are paid.
Expert Real Estate Tips: What Is A Stated Income Loan?
What is a stated income loan or no doc loan? Mortgage lenders require a property appraisal and good credit score among other items to qualify for a stated income loan. What are the benefits and who can qualify for this type of loan? Watch this Expert Real Estate Tips segment to learn more about what…
How Credit Scores Impact Mortgage Applications
How do credit scores impact mortgage applications? Credit scores measure debt and your ability to pay back loans. Especially today, your credit score will determine your mortgage and interest rate. What credit score should you have and how can you improve your credit score and get the best interest…
What should you consider when getting a mortgage loan? The mortgage loan should fit your needs and lifestyle and allow you to sleep at night. For more information on mortgage loans watch this Expert Real Estate Tips segment and check out www.ThinkGlink.com.
Mortgage Loans Change In Economic Crisis
With the real estate market in decline, mortgage lenders are stricter about requirements for loans. Do you need a bigger down payment, a better credit score, or more solid work history? How has qualifying changed and what do you need to know in order to qualify for a mortgage loan in today's tough…
What Mortgage Lenders Require Of Borrowers In A Declining Market
Qualifying for mortgage loans has changed completely over the last year. In a declining market, what do mortgage lenders require? Listen to what one southern California expert says about appraisals, mortgage loans and today's real estate market in this Expert Real Estate Tips segment.
