A mortgage loan, or a home loan, can come in many different forms. A 30-year fixed rate, a 15-year fixed rate, an adjustable rate mortgage, a jumbo loan. And what about prepayment or foreclosure? The articles, blog posts, videos and radio shows on this page will answer all your mortgage loan questions and help you find the right mortgage loan for you.
Home Loan Tips And New Year’s Resolutions 2009
The 2008 mortgage crisis increased the numbers of foreclosures and short sales in the U.S. Lenders responded by tightening rules for new home loans. If you want to buy a home in 2009, what do you need to know before looking for your home and home loan? What can you do to make yourself a desirable mortgage borrower so that banks will issue you a home loan? Check out these New Year's resolutions for home buyers to improve your changes of getting a great home loan and the property you want.
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 rate for your mortgage? Watch this Expert Real Estate Tips segment for information on credit scores, mortgage applications, and how to improve your credit score and credit history.
IRS Announces Help For Homeowners In Financial Trouble
The U.S. Internal Revenue Service just announced that it will allow homeowners to apply to make their mortgage loan the primary lien against their hom...
Today on the Ilyce Glink Show December 14, 2008
Today on the show, we're talking about real estate. It seems as though everyone has questions about what to do about their loans: should you refinance...
Falling Home Values Don’t Affect Reverse Mortgages
Reverse mortgages pay the home owner and have not been affected by falling home values. Getting a reverse mortgage helps you tap your home's equity, or the amount of the home you own outright. Because few people obtain reverse mortgages and reverse mortgages do not cover full home values, reverse mortgages have not been hurt by the credit crisis.
Mortgage Help If You’re Behind In Payments
Recently, many Americans are behind in paying their mortgage loans and may want to learn ways to refinance their mortgage loans. Who can they contact to refinance the mortgage loans? Who can help them figure out a way to make mortgage payments if they're behind?
Mortgage Interest Rates Change For Mortgage Refinance
What penalties do you pay when you cancel a mortgage loan refinance? A home owner asks about canceling a mortgage loan refinance because mortgage interest rates dropped four days after he filled out his refinance application. Ilyce says to walk away from the mortgage loan refinance, he has to be willing to lose the money he spent on an appraiser. But canceling the mortgage loan refinance is OK from a legal and ethical standpoint so long as he's read his mortgage loan refinance documents and abides by them.
Freddie Mac Promises to Increase Share Price
If you were reading the ThinkGlink blog on November 21, you probably saw that the New York Stock Exchange had given Freddie Mac a warning because its ...
Can Mortgage Lender Get Tax Deduction?
If you become a mortgage lender to a home buyer can you take a tax deduction? Generally no. Mortgage related tax deductions may be taken by home owners or home buyers, not home sellers or mortgage lenders. Try consulting an IRS publication or a tax advisor to find out more about mortgage lenders and tax deductions.