How to Obtain a Second Mortgage Loan?
A second mortgage is a loan that is secured by the equity in your home. When you obtain a second mortgage loan the lender will place a lien on your house. This lien will be recorded in 2nd position after your primary or 1st mortgage lender's lien, hence the term second mortgage. A second mortgage ... more...

New Bankruptcy Laws
George Bush's Bankruptcy Abuse Prevention and Consumer Protection Act is going to make it much harder for everyday folks like you and me to file for Chapter 7 bankruptcy. Chapter 7 bankruptcy is the most common type of bankruptcy that there is. This is the type that allows you to write off your ... more...

The 5 Secrets You Must Uncover to Pay Off Your Mortgage in the Shortest Possible Time
Youve been making monthly mortgage payments for so long that the checks almost write themselves.But have you become financially complacent, failing to consider ways to decrease your payments or overall debt?Here are 5 secrets to paying off your mortgage in the shortest possible time.1. Get a ... more...

Poor Credit Home Equity Loan Tips
A home equity loan can help repair your poor credit history. Begin by finding a competitive financing lender with affordable rates and terms. Next, work toward establishing a solid credit history, enabling you to lower your interest rates on future loans.Plan For The FutureA home equity loan can be ... more...

Building a Home Addition
Besides providing your home with more living space, a home addition can be a terrific investment. However, before embarking on such a project the homeowner should first consider several important items. These items include: home market values in the neighborhood, financing, size and scale of ... more...

Use the FHA Mortgage Specifically Created for Home Improvement
Almost everyone knows about FHA mortgages. They are tailor-made for first time homebuyers and others with less than perfect credit or other financial issues. You don't have to be low income or have bad credit to use FHA, but generally the loan limits prohibit high priced homes.What you may not ... more...

Bad Credit Mortgage Lenders - The 3 Most Common Subprime Lending Scams
Legitimate sub-prime lenders provide a needed service to many wishing to buy a home. By offering financing to those with adverse credit, sub-prime lenders offer a valuable financing options. However, predatory lenders take advantage of people with poor credit by charging excessive fees, forcing ... more...

Debt Management Services vs. Debt Consolidation Loans
Figuring out the difference between a debt management service and a debt consolidation loan can be a little tricky. While both are designed to lower your payments and get you out of debt, each goes about this task in a different way. It is important to understand the differences between the two ... more...

For Mortgage-Refinance Help, Get the Best Mortgage Professional, Not a Bank Loan Officer
When you need a mortgage -- either because you are buying, refinancing, taking out equity or getting into investment real estate, you need a good mortgage professional. Now, you may be tempted to go to your local savings and loan, as they may promise lower fees or zero costs. Meanwhile, in ... more...