What are Mortgage Points?
by Mike Wells |
| One point is equivalent to one percent of the loan amount. Mortgage points are considered by the IRS to be a form of pre-paid interest. This means that mortgage points can be deducted from taxable income. Most lenders require that a borrower pay o |
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Use A Mortgage Calculator To Guide Your Home Equity Loan Decision
by Gerald Mason - |
| The difference between a home loan and a home equity loan lies mainly in that the home equity loan, also known as a second or even third mortgage, is issued at a higher interest rate. This interest rate is lower than you could expect to pay on a cred |
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Mortgage Calculator Hopes: The American Dream
by Gerald Mason - |
| A family and a home of my own. These are the dreams of millions of little girls. The harsh reality of adulthood can push those dreams done. Many times it's just because there seems no way. A mortgage calculator can crunch the numbers fast and show wh |
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Home Loan Refinance: Back To The Basics
by Cyrus Zahabian |
| Basics of Home LoansThree fundamental pieces of knowledge for obtaining and maintaining a home loan include the application, rates, and repayment habits.Home Loan Application Process - Filling out home loan applications can be |
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Using A Mortgage Calculator When Going For A Refinance
by Gerald Mason - |
| When you have a number of debts that are starting to create a financial problem each month, debt consolidation can provide ease for your life and mind. Tools such as a mortgage calculator mean that you can have some idea of whether refinancing your h |
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Decision With A Mortgage Calculator: When To Foreclose?
by Gerald Mason - |
| One of the best places, you hope, to sink your capital for a good return is in real estate. However, when you provide the financing for someone to purchase their own home, your capital is tied to their ability to pay back the loan. If they start to m |
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Compare Mortgage Rates for Refinancing - How to Compare Lenders
by Carrie Reeder |
| The decision to refinance your mortgage will likely save you thousands
of dollars. Because of falling interest rates, those who purchased
their homes at a higher rate have the opportunity to take advantage of a
lower monthly payment. Further |
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Adverse Credit Mortgages - Getting Approved with a Low Credit Score
by Carrie Reeder |
| Having good credit affords more home loan options. Luckily, many
mortgage lenders understand that bad credit happens, thus many are willing to offer home loans to people with low credit scores. Of course, the best
way to improve your odds of g |
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