Posted by Batool Shamim on April 3, 2010 ·
A home mortgage refinance loan is designed to help you in the most critical time, when you are unable to pay your home debts anymore. The home refinance loan brings in a totally new loan to repay current loan with a lower monthly installment. THis option is best when faced with the chances of bankruptcy.
Posted by R. Mak on March 7, 2010 ·
The Adjustable Rate Mortgages are a type of home loans that are taken by people who wish to buy a house for themselves and their family but are short of funds to be paid as a lump sum amount.
Posted by R. Mak on December 5, 2009 ·
Debt-to-income ratios are referred to as the guidelines that are used by mortgage lenders in order to determine your maximum mortgage amount. This is just a percentage of your monthly gross income (before taxes) that is used by you for paying your monthly debts. Due to the reason that there are two calculations, so there is a “front” ratio and a “back” ratio. These two ratios are generally written in the following format…
