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Qualifying For a Mortgage
December 12, 2000 Most potential borrowers are nervous about getting a mortgage loan because they share a widespread misperception: the misperception is that they have no bargaining power relative to lenders, and therefore must approach them ... more...

Lies Mortgage Shoppers Hear
    December 2, 2002, Revised July 16, 2004 "I am about to shop the market for the mortgage I need to finance my home purchase.  Is there a danger that people won?t tell me the truth?  Any lies I should look out for in particular ... more...

cash out refinance condo loan lenders property monthly payment credit related definitions

Equal Credit Oportunity Act
Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more...

Negative Amortization
Negative Amortization Negative amortization, also known as Neg Amortization, NegAm, NegAmMort, occurs when borrower pays back less than the full amount of interest owed to the lender each month. The difference betweeen full interest and paid amount is added to the total amount ... more...

More about cash out refinance condo loan lenders property monthly payment credit

Financial Woe Is Me
Ideally, what comes in does not necessary all go out to creditors. Unfortunately, most of us know, that is one of our better dreams. Sometimes we find all our dreams shattered completely. Would you be prepared?Once upon a time, I was living the ideal life. I had an excellent paying job. Who had ... more...

Refinance Your Home to Payoff Debt: Pros & Cons
If you own a home, you may apply for a refinance debt consolidation loan or I call it the (RDC Loan). This type of loan will allow you to have only one payment every month. This should give you a little relief and free up some cash for you. You may also be more attentive in paying your refinance ... more...

Hard Money Lenders -- "No Money Down" The Easy Way
Would it help you as a real estate investor to be able to "Close For Cash in Days," even if you're tapped out financially?Hard money lenders are perhaps the best way to get 100% financing with easy qualifying, money for fix- up, and fast closings.So what can hard money lenders do for you? Hard ... more...

Real Estate Investor Question: Rehab and Sell, or Rehab and Keep?
Here's another awesome question I received from my discussion board. The question; Why bother keeping property after it's rehabbed? Why not sell it after the rehab and GET PAID!Of course, the first questions that you must answer is how emergent is your need for quick cash? You can likely ... more...

This Secret Weapon Will Eanble You To Close Up To 200% more Home Remodel Sales
Many Homeowners are not aware of all the options that are available to them when it comes to Home Loans. As a Home Remodeling Specialist you have a very powerful sales tool that most of your competitors don't even know exists. By using this Sales tool you can overcame the one Major purchase ... more...

Eliminate Your Credit Card Debt, But How?
Can a debt consolidation loan eliminate your credit card debt? A consolidation loan might (or might not) be the key. There are several things you must consider when making the choice to consolidate debt using a debt consolidation loan.First, is a debt consolidation loan your best choice to ... more...

Saving Money - 35 Pieces of Advice to Save
There are only 2 ways to grow your wealth - Increase your income (by earning more and saving more) or decrease your costs.Here are a few money saving ideas that everyone can put in place: Dont use your credit cards if at all possible. Pay cash and use credit cards only for convenience or ... more...

Bad Credit Home Loan To Get You Out Of Debt
A "bad credit home loan" can help you climb your way out of debt and get you started back on the road to upstanding, good credit. There are many lenders who are willing to make bad credit home loans to you - a loan based on your equity in your home even if your credit has slipped or isn't as ... more...

How To Be the Ultimate American Consumer
Feel like a lemming lately? Ready to follow the crowd into the great plunge of Ultimate American Consumerism? Just in case you need a little help, here is a tongue-in-cheek look at how to continue the process of becoming the Ultimate American Consumer!1. Always spend right at the level of your ... more...

Loan Basics: What are Secured Loans?
Secured loans are one of the most popular personal loans options available today. Their popularity is based on the fact that interest rates are usually lower than other types of loan, and repayments are available over longer time periods.A secured loan provides a means to raise a cash lump sum ... more...

6 Proven Wealth Building Strategies
Building wealth is as simple as saving a little bit here and a little bit there. You need not have great riches in order to accumulate wealth, but you need to have the drive, determination, and discipline to successfully increase your wealth. Lets look at 6 proven wealth building strategies you can ... more...


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