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Mortgage Professor about refinancing just to get cash a shaky scenario: 
Can Mortgage Refinance at a Higher Rate Make Sense?
April 8, 2002, Revised November 17, 2004 "Does it ever make sense to refinance into a mortgage carrying a higher interest rate than the mortgage you already have?" Very often it does not. Mortgage borrowers refinancing at higher rates ought to use the 72 hour ... more...

Avoiding Mortgage Predators
August 20, 2001 ?I read a lot about predatory lending.  How do I avoid becoming a victim??    To educate myself on what makes a victim, I recently studied 51 case histories of households ... more...

refinancing just to get cash a shaky scenario 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...

Mortgage Broker
Mortgage Broker An individual in the business of assisting in arranging funding or negotiating contracts for a client buy who does not loan the money himself. Brokers usually charge a fee or receive a commission for their ... more...

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Parenting a Child with Sensory Integration Disorder
After suffering another incredibly stressful morning trying to get my 5 year old son dressed, Ive come to the conclusion that there must be other families who go through the same frustration every morning. Most just wouldnt believe that we have it different than anyone else who has young kids. ... more...

Building Wealth When Refinancing Your Home Loan
Many a homeowner has seriously contemplated getting a cash-out refinance loan with the hopes of landing a lower rate, saving up to $300 smacks a month and getting some cash in hand to spend as ones pleases. Who wouldn't want to lower their current home mortgage rate, save on monthly interest rate ... more...

Grants, Loans, "Free" Credit Cards And Credit Repair: The Whole Truth And Nothing But The Truth
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Investing in Real Estate Like a Stock
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Home Equity Loans in Texas
A few notes of importance: This only applies to a homestead property, that is the customers primary residence LTV refers to Loan to Value, meaning the loan amount as compared to the value of the home. As an example, a loan of $75,000 on a home valued at $100,000 would be a loan at 75% LTV. These ... more...

SuperCharged Secret 3, Credit Card Utopia
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Real Estate Stories that Show You How!
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Cash Loans: The Good, the Bad, and the Debt-Free
Happiness is what they're selling. Relief from the crushing weight of that gigantic rock we're all forced to carry called 'financial burden.' It's heavy and cumbersome, and the very thought of unloading it for a short time is so tempting, that some of us find it easy to throw caution to the wind ... more...

Mortgage Info You Can Actually Understand!
This is a great time to Refinance Your Home or Buy a New Home -- the Mortgage Rates are so low, these days! It's always worth a shot to find out what the costs of switching over to a new mortgage would be, to see if that's the right move for you.Whether you are building your own house, buying a new ... more...

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