By admin on June 10, 2011
As industry professionals, we often have an opportunity to sit in on conference calls on market trends and other things that affect reverse mortgages and the senior borrowers who get them. We were on one today that echoed something that we have been saying so it seems that it’s to a point where we should [...]
Posted in Business and Finance | Tagged a, for, good, is, it, mortgage, reverse, time |
By admin on June 8, 2011
Mortgage brokers often advise those that can afford it, to invest in a second property. It’s all about the bricks and mortar apparently. But we’re not talking about buy-to-let properties here where investors get a return on their money. We’re talking of second homes. The ones that you see in quaint little villages that sit [...]
Posted in Business and Finance | Tagged a, ask, before, broker, in, investing, mortgage, property, second |
By admin on June 2, 2011
There is no doubt that banks and other lenders are making it more difficult to borrow money to finance a mortgage. Thousands of consumers across the country are starting to realise that loan companies, banks, credit card companies and mortgage lenders are slowly choking the supply of available cash. First-time buyers are finding it more [...]
Posted in Business and Finance | Tagged a, and, are, back, off, rent, rip, schemes, sell |
By admin on May 31, 2011
The, current credit squeeze is affecting many mortgage borrowers, in particular, those with poor credit. Borrowers who have poor credit can still obtain a mortgage, using a company that offers ‘bad credit mortgages’ as a way out of debt. Just the expression bad credit can send people running, but there is no reason for this. [...]
Posted in Business and Finance | Tagged a, accepted, bad, credit, for, getting, history, mortgage, with |
By admin on May 9, 2011
A re-mortgage simply means switching your current mortgage to a new loan, usually at a lower interest rate. You can re-mortgage through your current lender or opt to switch your mortgage company altogether. Homeowners generally use the extra cash they receive in re-mortgaging to either make home improvements, take long-needed vacations, or cut down the [...]
Posted in Business and Finance | Tagged a, downfalls, of, Option, remortgage, the |
By admin on May 5, 2011
When you open the real estate section of the newspaper, you see articles and ads about home equity loans. But what is that type of loan and when it is a good option? Simply stated, home equity loans are loans that are issued out to people in need of finance, against the security of their [...]
Posted in Business and Finance | Tagged a, equity, home, loans, on, primer |
By admin on May 3, 2011
Mortgage brokers are more important in today’s market than ever before. Without good advice, losing your home to banks carrying out repossession is a strong possibility and this is where mortgage brokers should come into their own. Losing a job or the break-up of a relationship are the most common causes of repossession but for [...]
Posted in Business and Finance | Tagged a, ask, broker, buy, mortgage, or, rent |