By admin on September 8, 2010
While it can be very easy to rent a place to live instead of going through the process of buying a home, easier is not always better. As a renter, you likely do not have to worry about when anything goes wrong with your residence because it is the obligation of the landlord to [...]
Posted in Business and Finance | Tagged a, as, consider, home, mortgages, owner, reverse, things, to
By admin on August 17, 2010
A commercial mortgage is a loan made using real estate as collateral to secure repayment. In addition, commercial mortgages are typically taken on by businesses instead of individual borrowers. The borrower may be a partnership, incorporated business, or limited company, so assessment of the creditworthiness of the business can be more complicated than is the [...]
Posted in Business and Finance | Tagged applying, commercial, consider, for, mortgages, to, what, when
By admin on December 24, 2009
Reverse mortgages are mortgages where the lender pays the borrower instead of the other way around. In the event of reverse mortgages, seniors need only be 62 years or older with equity in their home.
There are no requirements like credit score or income or anything else. Basically seniors with equity in their home and over [...]
Posted in Business and Finance | Tagged a, consider, mortgage, reverse, should, you
By admin on July 26, 2009
Considering whether you need a 30 or 15 year fixed mortgage rate is important for people looking to buy a home and concerned about their monthly payments. Of course the goal for most people with a mortgage is to pay it off early and save themselves a great deal of money in interest repayments. However, [...]
Posted in Business and Finance | Tagged a, choosing, consider, fixed, mortgage, rate, things, to, when
