Mortgages. Pay back over 40 years.
by Michael Challiner.Mortgages are traditionally taken out over 25 years, 30 years at a push – but house prices have got so high that many would be homeowners have found themselves completely unable to get on the property ladder.Mortgage lenders have found a solution ...
Similar Editorials : Fha Mortgages
The benefits of reverse mortgage
by Paton Jackson.What is a Reverse Mortgage?A Reverse Mortgage is a very useful home loan option especially for senior homeowners. If you are qualified for a Reverse Mortgage, you need not to pay any monthly payment. Equity of your home repays the reverse mortgage wh...
Similar Editorials : Reverse Mortgage
Interest only mortgage pros and cons
by Paton Jackson.With interest only mortgages investors or homeowners can take real advantages of affordable and cheap mortgage options. While paying only interest, he or she can invest the principal amount in savings, in stocks or in business. But after 10 years, th...
Similar Editorials : P90x Pros and Cons
Home Building - Saving Money on your Mortgage
by Brad Franklin.Don’t be Shocked by Mortgage-Related Closing CostsOnce you get to the final stages of your mortgage, be prepared to pay for the closing costs. The amount of money you'll have to pay in closing costs varies a lot by region. If you live in a high tax...
Similar Editorials : Home Building
News on The Mortgage Industry
by Dale Rogers.Coach Vince Lombardi who led the Green Bay Packers to many football championships was a stickler for the basics and the details. From this statement he focused and hammered on every detail and nuances associated with the basics of blocking, tackling ...
Similar Editorials : Bad News
Get the best price on a mortgage
by James Dedolph.The interest rate you pay on the life of the loan is dictated by your score; in other words, the impact can translate to hundreds of dollars a month more that you will pay on your mortgage. The FICO score is an automated system designed to eval...
Similar Editorials : Price of Success
Reverse Mortgages
by James Dedolph.With this type of program there is no payment or repayment of the loan and the money may be distributed in one lump sum payment, used to create a fixed income for the duration of life, or it may be used as a line of credit to be drawn upon as needed....
Similar Editorials : Reverse Mortgages For Seniors
Mortgage Pro vs. a Blind Dog
by Andrew Poletto."Even a blind dog with a note in his mouth can sell a mortgage."I first heard this phrase in a different context several years ago, but it still applies here. Think about that statement, what does it actually mean to you?? Here's what it means to me....
Similar Editorials : Mortgage Pre
The Mortgage Pro and the Better Deal
by Andrew Poletto.I was talking with a borrower the other day about a purchase and he wanted the “best deal possible”. I’ve heard that phrase hundreds of times over the years, so why was this time so much different? Why did this time stand out to me? After I sta...
Similar Editorials : Get the Best Deal
Mortgage Folks, What Are You Worth?
by Andrew Poletto.Michael Jordan doesn’t get paid millions of dollars to play basketball, Michael Jordan gets paid millions of dollars to have people come WATCH him play basketball.”I heard this quote several years ago (when MJ was playing) and it puzzled me at fi...
Similar Editorials : Still Under A Mortgage
What is a Reverse Mortgage Loan?
by Brian Ankner.Reverse mortgages have increased in popularity in the past few years. Economist report that due to the increase in housing cost, the amount of money people are saving in their 401(k) and savings accounts have been decreasing.Due to the recent boom i...
Similar Editorials : The Reverse Mortgage
Mortgage People, Are You In Control?
by Andrew Poletto.Mortgage People, are you in control?I had an interesting discussion with someone today over what contact info should be on your business card, if you actually use one.? I’m sure you’ll figure out which side I was on by the time this Mailbag is ov...
Similar Editorials : OK People
Mortgage Marketing 101:
by Shane Brooks.Mortgage marketing techniques can explode your income.How well you do in the highly competitive mortgage market is dependent on a number of things. Of course you have to provide good service. You also need to be able to do your job quickly and effici...
Similar Editorials : Mortgage Marketing Challenges