Tag Archives : income

Interest Only:Home Mortgage

Interest Only:Home Mortgage

Interest only mortgage for homes is a good option for those people who are planning to buy a home but don’t have enough money to buy it .As for first ten to fifteen years a borrower only pays interest money interest only home mortgage is a good option because a person can save enough money to pay big installments in future.

Mortgage Options for the Self-Employed

Mortgage Options for the Self-Employed

Getting a good mortgage plan is quite difficult for a self-employed person. There are many hurdles and lenders are generally vary of providing loans to self-employed people. However there are a few options that can provide good enough mortgage plans. They can be availed to convince a lender to provide the loan.

Seven Essential Tips for Home Owners

Seven Essential Tips for Home Owners

After buying a new home a few issues you should take care of are the repair and maintenance cost, tax returns and insurance. All of these issues need proper care and attention.

0% Down Payment Era Has Come to an End

0% Down Payment Era Has Come to an End

The facility of zero percent down payments for homes virtually does not exist anymore. In the nine major cities of U.S, the banks have increased the rate of down payment by 22%. This has declined the interest of people to acquire home loan. This has also posed a big risk to the home owners who would like to sell their home, because of less number of buyers.

FACTS to Know about Home Loan Modification Program

FACTS to Know about Home Loan Modification Program

If you are a financially troubled mortgage holder and find it is difficult to pay off your mortgage payments then you can take help from a home loan modification program. There are certain important facts about this programs which you should be aware of.

DSS Crisis Loan Alternative for Low Income

DSS Crisis Loan Alternative for Low Income

The criteria set for the applications of a DSS loan tend to be very high. Therefore, if you have been rejected then do not feel let down as there are various other options which you could consider. Often the government tends to help out the needy and the poor. However, if you do not qualify for that also then there are several other methods such as doorstep loans, credit union loans and payday quick cash advances.

Advantages of Reverse Mortgage

Advantages of Reverse Mortgage

Reverse mortgage is an option for those are facing retirement or have already retired. This process helps them with various aspects in life. Retirement period is one which required a great deal of saving. However, with reverse mortgage a person can save up as no more mortgage payments would be required, a person gets to keep their property, no taxes have to be paid etc.

How to Get Out From Under The  Payday Loan Trap

How to Get Out From Under The Payday Loan Trap

The foremost thing that you can do to avoid this payback mess is, don’t apply for a loan in case of financial need. Think of some other alternatives. Apply for the loan in case if you find nothing else. Then follow some tips to get rid of it as soon as possible.

Are There Loans for Unemployed People?

Are There Loans for Unemployed People?

Unemployed people may face the problem of taking out loans. However all hope is not lost. There are various options available for them, such as Payday loans and Car Title Loans.

Pay Off Debt with a Home Equity Loan

Pay Off Debt with a Home Equity Loan

Consumers are the main asset for any economy. More products the people buy, the healthier our capitalist system works. However, it is not very easy to buy everything you need with a limited income. If you need to get yourself out of the red, consider using a home equity loan.

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