But what rate are you getting for this loan?
The payments on this will be only interest only payments for the 1st 5 years within which you are planning to refinance to get better terms.
14 Mar 2013 , According to PRWeb
Jacksonville Entrepreneur Dedicated to Improving Customer Experience
Jacksonville, Fla. (PRWEB) March 14, 2013
When serial entrepreneur Edward Carlton went through the process of financing his home, he didn’t expect to discover his next business opportunity, but his experience exposed so many ways of acquiring a mortgage could be improved. Carlton could not resist building the solutions.
13 Mar 2013 , According to PRWeb
Silanis e-signatures allow banks and mortgage lenders ability to process mortgage applications 100 percent electronically.
MONTREAL, QC (PRWEB) March 13, 2013
Silanis, the leader in enterprise electronic signature solutions with over 600 million documents processed annually, announced today that Equifax, a global leader in consumer and commercial information solutions, has added the e-signature vendor to its approved ESIGN list. This partnership enables Silanis’ on premise and cloud e-signatures solutions to electronically sign the IRS’ income verification form, the 4506-T, as part of the mortgage application process.
06 Mar 2013 , According to Reuters
NEW YORK (Reuters) - Applications for home mortgages rebounded last week after three straight weeks of declines as interest rates tumbled, data from an industry group showed on Wednesday.
04 Mar 2013 , According to Julian Beltrame, The Canadian Press | The Canadian Press
OTTAWA - Despite ongoing concerns about high levels of debt, interest rates in Canada are going nowhere except perhaps down, say analysts following the latest move by one major bank to shave fixed mortgage rates.
With bond yields trending south and the housing market slowing, the Bank of Montreal over the weekend dropped its posted five-year fixed mortgage rate by 0.10 points to 2.99 per cent in an effort to attract new borrowers.
20 Feb 2012 , According to PRWeb
Recent news of the approval of The American Taxpayer Relief Act of 2012 sparks a response from Shanne Sleder, a San Diego Mortgage Broker and President of The Mortgage Planners.
San Diego, CA (PRWEB UK) 21 February 2013
According to an article on lexology.com titled Congress’s passage of the American Taxpayer Relief Act of 2012, The American Taxpayer Relief Act of 2012 recently approved by Congress will allow mortgage insurance to be Federally tax deductible for 2012 and 2013.
28 Feb 2013 , According to PRWeb
A recent Business Insider article highlights the pros and cons of home mortgage life insurance; the article has drawn the attention of Thomas Reeh.
Melbourne, Australia (PRWEB) February 27, 2013
A home mortgage is a major financial commitment—and at times, it can be a major financial burden. As such, many homeowners are zealous for ensuring that home mortgage payments never become burdensome to their family members. One way to prevent home mortgage payments from overwhelming family members is to obtain a home mortgage life insurance policy. As its name suggests, home mortgage life insurance ensures that the mortgage is paid off in the event of the policyholder’s untimely passing, thereby preventing mortgage payments from causing financial duress to the surviving spouse or children. A recent Business Insider article weighs the various pros and cons of home mortgage life insurance—and it has won the attention of Thomas Reeh.
4 Feb 2013 , According to Anna Louie Sussman | Reuters
(Reuters) - Guaranteed Rate, Inc, a home loan company, opened shop in 2000 in Chicago with a single office. Now it is one of the 20 biggest U.S. mortgage lenders, with more than 140 offices.
Most of that growth has come in the last two years and Chief Executive Victor Ciardelli said in an interview he is not planning to slow down.
"We've hired over a thousand people over the last year and we're trying to hire a ton more," Ciardelli said.
20 Feb 2013 , According to PRWeb
Freddie Mac Reports 27% of Mortgage Borrowers In Fourth Quarter 2012 Refinanced into Shorter Term, Security America Mortgage Offers 10 and 15-year Mortgages, VA, FHA and Conventional.
Houston, Tx (PRWEB) February 20, 2013
Freddie Mac reports that mortgage borrowers who refinanced in the fourth quarter of 2012 overwhelmingly picked a fixed rate mortgage (FRM) and 27 percent of them chose to shorten their loan term. Freddie Mac's Quarterly Product Transition Report released earlier this month said 69 percent of borrowers kept the same term as the loan that they had paid off; 4 percent chose to lengthen their loan term, primarily those with 20 year terms, 22 percent of whom refinanced to 30 year mortgages.
21 Feb 2013 , According to Associated Press
ALBANY, N.Y. (AP) -- Thousands of New York homeowners have gotten an estimated $1.8 billion in loan relief from five U.S. banks as part of the national mortgage settlement over foreclosure abuses.