Many people make the mistake of going house hunting without knowing exactly how a large a mortgage they can get. This leads to incredible frustration when a dream home is found, but you can’t get a loan. For some shoppers, the frustration and stress leads them to throw their arms in the air and give up on the process. While an understandable reaction, the stress and frustration can be greatly reduced by getting pre-approved for a mortgage loan. Here's how to get pre-approved and minimize the stress...

Those with a large amount of equity benefit most from consolidating loans since they qualify for the lowest rates. It is important to look at interest savings, not just monthly numbers which can be misleading. Here's how...

Bad credit mortgage refinancing loans are used to solve two different problems.
Problem Number One: The homeowner has bad credit, significant high interest credit card debt and a home with substantial equity.

Problem Number Two: The homeowner had bad credit when the home was originally purchased and had to take out a high interest subprime mortgage loan at that time. Now the time has arrived to refinance the loan and receive a better interest rate. Here's why this can be a very good financial strategy...

The World Wide Net is swarming with equity loan bargains. Some lenders are offering low interest loans to lure the homeowners in the door. Lenders offering low interest rates on home equity loans are sometimes even opting to pay the closing fees on fee loans. The downside to this is that loans with no closing fees require that the borrower take out a loan over and above the normal ability to repay. Thus, if you get an equity loan with no closing fees, you most likely must apply for a loan amount of $500,000 or more to get the bargain. If your home equity does not meet the loan amount, then you will be outright rejected for such a loan. Here's what you need to watch out for...

You hear it all the time on the radio, TV, in the newspaper or online: "Call now to get a 30-year fixed loan at x% with no points or fees!". Sounds good, right? Wrong. Here's why this almost never makes sense...

Real Estate IS a cycle and cycles have some degree of predictability. With predictability, you can grow your real estate business into a cash-producing, profit-pulling machine that runs itself WITH the changing real estate market trends. It is still possible to make money in real estate. In fact, now is just as good a time as any to get started in real estate investing. But, you’ve got to make wise investments. Sure, you may make some SERIOUS cash in pre-construction, but what happens if (no, not if - when) the market shifts and there are suddenly 35 identical properties on the market for sale in the same building? How long can you afford to carry a negative cash flow on the property? Here's 7 key points to consider...

Mortgages come in many forms so if you are considering refinancing your home it pays to shop around for the lowest rates and best deals. If you are taking out an equity loan, you may want to inquire about the overpay and underpay loans where you can get large sums of cash back on your mortgage. Additionally, you will actually want to print out contracts and compare them side-by-side to determine what benefits you will gain by selecting one contract over the other. Here's what to look for...