Top Secret Mortgage Payment Calculator

After many years as a mortgage loan originator here in Fort Wayne, IN, I was continually frustrated by how difficult it was to quickly give a Realtor or a home buyer an accurate estimate of the money they would need for closing. Sure, we all have access to mortgage payment calculators, but that won’t tell [...]

Lowest Home Loan Mortgage Rates in NC

This video explains how Carolina’s Lending Source is able to offer the lowest home loan mortgage rates in North Carolina by working with good credit borrowers and extensively leveraging the power of our website, CarolinasLending.com.

Acorn Helping Illegal Aliens Get Home Loans

Acorn has been helping illegal aliens receive home loans for years. Finally the media is catching on that the government is complicit in helping the loans to go through.

Weekly Mortgage Update 04-23-2010.m2t

All interest rates are with 740 fico’s and 0 points. If you would like detailed pricing, please call me or email me and I’ll be glad to help. I’m also talking about 5% down conventional mortgages with MI. This is the last weekend to take advantage of the federal tax credit. I’ll be available all [...]

What is Mortgage Debt to Income Ratio – It’s Not Rocket Science episode #1

What is Mortgage Debt to Income Ratio? In this episode of “It’s Not Rocket Science,” Don Carriker, the man behind iwantagreathomeloan.com, will share with you what DTI or Debt to Income Ratio is and how you can figure yours out on your own. Many people are intimidated by these terms when looking for a mortgage, [...]

The Pros and Cons of a Bi-weekly Mortgage

Having a mortgage can be expensive; with the interest that is charged over the life of your mortgage, a large portion of what you end up paying is nothing more than interest payments and not the loan itself. Obviously it’s important to be able to pay off your mortgage as quickly as possible in order [...]

The Pros and Cons of Adjustable Rate Mortgage

An adjustable rate mortgage, commonly referred to as an ARM, is a mortgage where the interest rate on the mortgage changes periodically, on a schedule, according to an index. The most common indexes used to determine the interest rates are: Grant Eckert is a freelance writer who writes about topics pertaining to the mortgage industry [...]

Smart Homeowners Learn Mortgage Basics with David Bach

David Bach helps you understand the basics about your mortgage; how much you can afford, how to get qualified, what term is best for you and much more. You’ll learn how to find a lender of integrity to help you make these important decisions and prepare you for the homebuying process and serve you after [...]

Why you Should Compare Interest Rates When Mortgage Refinancing

If you are a homeowner with good credit and are refinancing your home with a conventional mortgage, the interest rate you receive along with the fees you pay should be your primary consideration when choosing a lender. Many homeowners accept the first favorable loan offer they receive; however, you can save yourself a pile of [...]

The 50 Year Mortgage-pros and Cons

With the 40 year mortgage becoming increasingly common in states such as California, where high home prices make mortgages less affordable for the average home-buyer, the latest mortgage product has been rolled out-the 50 year mortgage. During the 1980s, mortgage interest rates in America topped 18%, prompting the introduction of the 40 year mortgage. The [...]