ArticleField.comInternet's Fastest Growing Free Content Article DirectoryChallenges to the first time homebuyers are abound. In order to fulfill your dream of owning a home, you, a first time home buyer, often commit mistakes. You have to take the burden of paying the mortgage sum, have to make huge down payment and sometimes have to pay the private mortgage insurance also. All […]
Porting a mortgage is something that almost no lender openly talks about; and even fewer have on actual offer. However with today’s low interest rates, and more homeowners wanting to keep those low rates even if they’re relocating, more people are starting to inquire about porting a mortgage. But what is porting a mortgage? And […]
A home equity line of credit, or HELOC, can be just the thing that saves homeowners from financial hardship or even, complete disaster. But just like anything else, this very specific type of second mortgage has its own advantages, and disadvantages. The biggest advantage that comes with taking out a HELOC is that you’ll have […]
Rising interest rates can make loan repayments quite challenging, leaving you with no choice but to look for other options. There are many reasons to apply for a mortgage. It could be to buy a new home, to improve your credit rating or to stabilize your payments. There are plenty of mortgage options and it […]
In the aftermath of the financial crisis, which the country had undergone in recent times, the Federal Government came up with the Making Home Affordable program. This 2009 program was aimed at helping the homeowners keep their homeownership intact or to increase it and to avoid foreclosure. In case your mortgage loan is controlled by Freddie Mac or […]
