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Five Debt Management Resolutions for the New Year

By:: Greg Mischio - MortgageLoan.com | Mon, 12/31/2007

Add debt management to this year's list of New Year's resolutions. It's easy to do-just slip it in there between "lose weight" and "ask for raise." The hard part will be sticking to your debt management resolutions-such as debt consolidation-365 days a year.

Tips to Fixing Your Credit in the New Year

By:: Greg Mischio - MortgageLoan.com | Sun, 12/30/2007

Instead of choosing the typical New Year's resolutions-lose weight, exercise more, read a book (or two)- add one that will benefit you financially: fix your credit. It won't be an easy resolution, but it's one that will definitely pay off over the long haul.

Home Equity Loans: An Historic Perspective

By:: Tom Kerr - MortgageLoan.com | Sat, 12/29/2007

Home equity loans grew popular in the 1980s, as lenders let homeowners borrow as much as 100 percent of their equity. But in 2007, that practice was given a major overhaul.

Tough Times for Bad Credit Mortgages

By:: Tom Kerr - MortgageLoan.com | Fri, 12/28/2007

If you need a subprime mortgage, these are challenging times, because the market for these risky loans is evaporating. It's still possible to find lenders to work with you, but it helps to plan ahead and be prepared to pay more than average for your mortgage.

Mortgage Foreclosure Victims Overcharged

By:: Tom Kerr - MortgageLoan.com | Thu, 12/27/2007

Bankruptcy specialists contend that some mortgage companies are overcharging borrowers, even as those homeowners face foreclosure. If these claims are true, it only adds insult to injury as more predatory lending practices come to light.

Debt Consolidation in a Shaky Market

By:: Catherine Brock - MortgageLoan.com | Wed, 12/26/2007

Uncertainty in the mortgage industry alters the outlook for debt consolidation loans. Homeowners who want to use their equity to consolidate higher rate debt may just have to wait until the mortgage crisis winds down.

Four Personal Finance Resolutions for the New Year

By:: Anders Bylund - MortgageLoan.com | Tue, 12/25/2007

Make some personal finance promises that you can actually keep in the New Year.

Are Rate Cuts Good for Homeowners?

By:: Tom Kerr - MortgageLoan.com | Mon, 12/24/2007

As the year comes to an end, the week prior to December 31 inspires reflection on the previous year's economic news. Many wonder if interest rate cuts are on the horizon for the New Year. Most homeowners agree that they'd be a welcome gift from the Federal Reserve.

Subprime Mortgage Crisis Headed Overseas

By:: Catherine Brock - MortgageLoan.com | Sun, 12/23/2007

The overzealous lending practices that led to rising default rates are influencing more than just the U.S. economy-they're extending across the ocean, as well.

Drops in Refinancing Puts Pressure on Remodeling Market

By:: Catherine Brock - MortgageLoan.com | Sat, 12/22/2007

Fancy remodels are becoming a thing of the past, as homeowners and banks become more conservative with their cash.

The Best Present Ever: Give the Gift of Stock

By:: Anders Bylund - MortgageLoan.com | Fri, 12/21/2007

Are you looking for a Christmas gift that lasts? Look no farther than your own stock portfolio.

Dim Prospects for Bad Credit Mortgages

By:: Tom Kerr - MortgageLoan.com | Thu, 12/20/2007

The outlook for bad credit mortgages has never been particularly rosy. But under today's gloomy circumstances, it's even harder to secure a loan if you have poor credit. The situation is expected to grow increasingly dire in coming months.

How to Spend Your Christmas Bonus

By:: Anders Bylund - MortgageLoan.com | Wed, 12/19/2007

If you're fortunate enough to receive a hefty Christmas bonus, here are some tips on spending it that embraces the true holiday spirit.

Five Year-End Tax Tips

By:: Anders Bylund - MortgageLoan.com | Tue, 12/18/2007

If you follow these simple strategies, you can keep more money in your pocket, and less in Uncle Sam's.

Home Equity Loan Problems May Spark Recession

By:: Tom Kerr - MortgageLoan.com | Mon, 12/17/2007

Home equity loans have turned easy credit into imminent disaster for insatiable borrowers. Soon, America may slide head-on into a mortgage-fueled recession.

Seniors and Credit Cards: An Escalating Problem?

By:: Greg Mischio - MortgageLoan.com | Sun, 12/16/2007

Everyone jokes about having "senior moments." But being forgetful, or becoming confused, is simply a part of growing older. Unfortunately, there are a growing number of aging Americans having "senior moments" when it comes to their use of credit cards.

Builders Helping Bad Credit Customers

By:: Tom Kerr - MortgageLoan.com | Sat, 12/15/2007

As the housing and mortgage crisis grows across the U.S., some builders are providing financial counseling to customers with bad credit. Time will tell how well the program works, but at least for now, it provides credit relief for some buyers.

Fractional Mortgages

By:: Tom Kerr - MortgageLoan.com | Fri, 12/14/2007

Buyers, developers, and mortgage companies are always looking for creative ways to finance second homes. The "fractional mortgage" has been gaining traction and popularity for more than a decade as an attractive way to buy a vacation property.

The Subprime Mortgage Outlook

By:: Tom Kerr - MortgageLoan.com | Thu, 12/13/2007

Despite the troubles, subprime mortgages and mortgage refinances will likely make a comeback in a more conservatively managed and administered form.

Understanding the Secondary Mortgage Market

By:: Anders Bylund - MortgageLoan.com | Wed, 12/12/2007

You've just been notified that your bank has recently sold your mortgage. Although unsettling, this is a very normal business transaction that will not affect your loan.

Five Financial Tips for Funding a Start-Up

By:: Greg Mischio - MortgageLoan.com | Tue, 12/11/2007

Most start-up companies have some of their biggest problems getting out of the starting blocks. Every young company struggles to find financing in its infancy. If you're considering launching one, take a good look at a home equity loan as a funding source.

An Amortization Primer

By:: Tom Kerr - MortgageLoan.com | Mon, 12/10/2007

Although most of us don't understand exactly how our loan payments are calculated, the process of paying off a loan through a fixed number of payments is common to all mortgages. The amount paid each month is predetermined by a mathematical procedure known as amortization.

Risks of Debt Consolidation Loans

By:: Greg Mischio - MortgageLoan.com | Sun, 12/09/2007

Debt consolidation loans are the financial world's equivalent of a Monopoly "Get out of jail free" card. Like the game card, the loans can only get you so far. Once you're out of debt, it's up to you to stay there-a step that many over-spenders may not be able to take.

Ups and Downs of Second Mortgages

By:: Catherine Brock - MortgageLoan.com | Sat, 12/08/2007

Knowing the good and the bad of second mortgages can help you keep your personal finances in tip-top shape.

Four Refinancing Tips for a Tight Market

By:: Greg Mischio - MortgageLoan.com | Fri, 12/07/2007

Thanks to poor lending practices, the subprime crisis has changed the mortgage landscape. Homeowners are now left with a new-but still viable- refinancing market.

Four Ways to Find Mortgage Money

By:: Greg Mischio - MortgageLoan.com | Thu, 12/06/2007

When Plato said, "Necessity is the mother of invention," he probably wasn't thinking about homeowners who are having trouble making ends meet. However, rising interest rates have enlarged monthly mortgage payments, and people need to find creative ways to boost cash flow.

Five Tips to Avoid Debt Consolidation

By:: Greg Mischio - MortgageLoan.com | Wed, 12/05/2007

In our free-wheeling, consumption-oriented society, "budget" might as well be a four-letter word. But even though it may not be much fun, creating one-and sticking to it-can be a great alternative to a debt consolidation loan.

Changing Rules of Auto Loans

By:: Greg Mischio - MortgageLoan.com | Tue, 12/04/2007

Charles Darwin theorized that a species needs to adapt for survival. In light of the recent subprime market shake-up, consumers will have to adapt to a new environment if their hopes for an auto loan are to survive.

Student Credit Cards

By:: Greg Mischio - MortgageLoan.com | Mon, 12/03/2007

The market is quick to adapt when a product doesn't quite work for a demographic. For example, putting traditional credit cards in the hands of college students has resulted in sky-high debt and fuming parents. In response, credit card companies have introduced student credit cards.

Refinance Help from the FHA

By:: Tom Kerr - MortgageLoan.com | Sun, 12/02/2007

As it becomes increasingly difficult to qualify for a refinanced mortgage, homeowners may want to turn to the Federal Housing Administration (FHA) for help. A new loan program, called FHASecure, is intended to help borrowers at risk of foreclosure to move quickly into more affordable loans.

Subprime Lenders: Equal Opportunity Destroyers

By:: Tom Kerr - MortgageLoan.com | Sat, 12/01/2007

As the subprime mortgage crisis widens, so do the investigations of subprime lenders. Many are guilty of pressuring consumers into high-priced, high-risk loans, and the damage extends across a broad demographic spectrum.

Can't Pay the Mortgage? Try Chapter 13 Bankruptcy

By:: Catherine Brock - MortgageLoan.com | Fri, 11/30/2007

When past-due statements are piling up, and you don't want to lose the house, a Chapter 13 bankruptcy might be the right solution.

Overview of Student Loans

By:: Greg Mischio - MortgageLoan.com | Thu, 11/29/2007

When you're trying to pay for college, it's nice to turn to a wealthy uncle for a little financial assistance. No one is happier to help you pay for your higher education than Uncle Sam and the federal government.

Refinance Options for Second Mortgages

By:: Catherine Brock - MortgageLoan.com | Wed, 11/28/2007

The first step in deciding how to refinance two mortgages is to know exactly what your options are.

Beefier Car Loans for Special Features

By:: Greg Mischio - MortgageLoan.com | Tue, 11/27/2007

Every James Bond thriller has cars loaded with crazy gadgetry. Today's automobiles also have plenty of bells and whistles to offer drivers…but are they worth the price?

Five Techniques to Boost Your Credit Score

By:: Greg Mischio - MortgageLoan.com | Mon, 11/26/2007

The credit bureaus that determine your credit scores prefer people who play by the rules. Some rules are obvious- like pay your bills on time-but others are subtler. Here are five techniques that should help you go to the head of the credit score class.

Dismal Short-term Future for Mortgages

By:: Catherine Brock - MortgageLoan.com | Sun, 11/25/2007

Industry experts predict that the slowdown of mortgages and property sales will continue through the third quarter of 2008.

Understanding the Mortgage Foreclosure Process

By:: Tom Kerr - MortgageLoan.com | Sat, 11/24/2007

Foreclosures are rising to tragic levels all across the U.S., and they're happening across the entire demographic spectrum. To avoid foreclosure, it's essential that homeowners first understand exactly what it is, why it happens, and how it can result in the loss of a home.

New Proposals to Reform Retirement Plans

By:: Anders Bylund - MortgageLoan.com | Fri, 11/23/2007

Congress is debating the end of 401(k) plans as we know them. But don't be concerned-all proposed changes are for the better.

Think Twice Before Debt Consolidation

By:: Catherine Brock - MortgageLoan.com | Thu, 11/22/2007

With total credit card debt on the rise, individual consumers are increasingly finding themselves strapped with oppressive debt balances. Some of these borrowers are falling prey to so-called debt consolidators who promise quick and easy debt elimination.

Bad Credit Mortgages Lure Opportunity Investors

By:: Tom Kerr - MortgageLoan.com | Wed, 11/21/2007

Homeowners faced with financial problems related to bad credit mortgages are finding few options in this difficult market. As a last resort, some are turning to investors who buy properties cheap, and help homeowners avoid foreclosure.

CDs and FDIC Insurance

By:: Catherine Brock - MortgageLoan.com | Tue, 11/20/2007

Bank failures don't happen often, but they do happen. If you have your savings tied up in certificates of deposit, make sure you understand how FDIC insurance protects you and your money.

Auto Loans: Four Tips to Get You Started

By:: Greg Mischio - MortgageLoan.com | Mon, 11/19/2007

Getting an auto loan is not like picking up some milk at the grocery store. You can't just run in, grab a gallon of cash, and run out. You need to take a careful look at your finances and auto options before you begin shopping for a loan.

Six Advantages of HELOCs

By:: Greg Mischio - MortgageLoan.com | Sun, 11/18/2007

If you were a typical kid, you hated homework. But as an adult, you now understand that doing your homework can pay off financially-especially when you learn about the advantages of a home equity line of credit.

Shared Appreciation Loans

By:: Catherine Brock - MortgageLoan.com | Sat, 11/17/2007

City governments and housing agencies are making homes more affordable by partnering with homebuyers on shared appreciation loans.

Refinancing Your Auto Loan to Improve Credit

By:: Catherine Brock - MortgageLoan.com | Fri, 11/16/2007

Credit problems have a way of hanging around and continuing to cost you more and more. With a little diligence, however, you can use good payment habits along with an auto loan refinance to begin the recovery process.

Prepayment Penalties Block the Way to Refinance

By:: Greg Mischio - MortgageLoan.com | Thu, 11/15/2007

In the financial world, there's usually a catch when it comes to a great deal. Subprime mortgages are a great example. These loans, with low-interest introductory rates, have a major catch: prepayment penalties.

Advice for the Second Mortgage Hunt

By:: Catherine Brock - MortgageLoan.com | Wed, 11/14/2007

The road to obtaining a low-rate second mortgage is filled with potholes and dead-end detours. Follow some basic guidelines, however, and you can navigate your way safely to your mortgage closing.

New Paper Suggests Optimal Time to Refinance

By:: Tom Kerr - MortgageLoan.com | Tue, 11/13/2007

According to results of a study recently released by a group of economists, the best time to refinance may be later, not sooner. Their research indicates that a new "one or two percent rule" may be valuable in predicting the most profitable time for refinancing a home loan.

Credit Cards: Know Your Rights

By:: Greg Mischio - MortgageLoan.com | Mon, 11/12/2007

Fans of any police drama on TV are quite aware of their Miranda rights: "You have the right to remain silent…etc." When it comes to your credit card, you also have rights. They can be extremely useful in the event of disputed or unauthorized charges.

Four Advantages of Debt Consolidation

By:: Greg Mischio - MortgageLoan.com | Sun, 11/11/2007

In football, the best quarterbacks have the ability to call an audible, or change the play, right before the ball is hiked. Debt consolidation is a great way for you to call an audible if debt has blitzed your finances.

For Students: Make Money through Savings Bonds

By:: Catherine Brock - MortgageLoan.com | Sat, 11/10/2007

U.S. Savings Bonds earn money with little risk and little maintenance, an ideal option for the student saver.

Bad Credit Mortgages and "Legal Kickbacks"

By:: Tom Kerr - MortgageLoan.com | Fri, 11/09/2007

Borrowers with bad credit are particularly vulnerable when applying for a loan, because they represent higher risk for lenders. Sometimes, they're steered into loans that cost them more, and pay mortgage brokers higher fees as a sales incentive.

Home Equity Loan Slump Affecting Advertising

By:: Catherine Brock - MortgageLoan.com | Thu, 11/08/2007

Instability and reduced liquidity has mortgage lenders and financial firms reaching out to consumers with advertising messages that emphasize strength and stability.

Make Sense of Your Credit Card Statement

By:: Greg Mischio - MortgageLoan.com | Wed, 11/07/2007

If there was a contest for cramming information onto a sheet of paper, credit card companies would win the grand prize, hands-down. A typical credit card statement is loaded with information that consumers barely look at. It's in their best interests, however, to understand what all that data means.

The Loan of a Lifetime?

By:: Greg Mischio - MortgageLoan.com | Tue, 11/06/2007

When a 50-year anniversary rolls around, it's considered "golden." The 50-year mortgage, however, has been anything but golden for homeowners and Wall Street investors.

The Price of Commitment: Higher Interest

By:: Catherine Brock - MortgageLoan.com | Mon, 11/05/2007

With certificates of deposit, it isn't the price you pay for the commitment, it's the price you earn for it.

A New Alternative to Refinancing

By:: Tom Kerr - MortgageLoan.com | Sun, 11/04/2007

A new plan proposed by the FDIC Chairman might do away with the need for subprime borrowers to refinance their loans. Although her recommendation is radical, it could be beneficial for everyone concerned.

Four Financial Tips to Put More Money in Your Wallet

By:: Greg Mischio - MortgageLoan.com | Sat, 11/03/2007

Making money generally requires a lot of hard work. There are, however, some easy ways that you can add a few extra dollars to your wallet. Starting with a mortgage refinance, consider these simple and painless methods for generating cash.

Obstacles to Mortgage Modifications

By:: Tom Kerr - MortgageLoan.com | Fri, 11/02/2007

The mortgage crisis has had such an overwhelming affect on our nation, that even the President has asked mortgage companies to show flexibility when dealing with homeowners who face a threat of foreclosure. But mortgage investors may oppose such efforts because they have their own financial interests at stake.

Are Student Loans Headed for a Melt Down?

By:: Greg Mischio - MortgageLoan.com | Thu, 11/01/2007

Student loan and subprime mortgage borrowers share many qualities. If the student loan market suffers a meltdown similar to the subprime market, its impact on the economy may be just as devastating.

HUD Pulling Back on Down Payment Assistance

By:: Tom Kerr - MortgageLoan.com | Wed, 10/31/2007

HUD has issued a moratorium on its practice of insuring mortgages for those who receive so-called down payment assistance from sellers through non profit "gift-giving" entities.

Advice for Move-Up Buyers

By:: Catherine Brock - MortgageLoan.com | Wed, 10/31/2007

The current real estate market presents unique problems for the move-up buyer. Experts recommend financing solutions to manage the transition.

Home Equity Loans: Expecting the Unexpected

By:: Greg Mischio - MortgageLoan.com | Tue, 10/30/2007

Life can throw you plenty of curveballs, and some of them can be financially destructive. If tough times hit, you'll need to consider a solid option for making ends meet. Try a home equity loan.

Bad Credit Loans from Hard Money Lenders

By:: Catherine Brock - MortgageLoan.com | Mon, 10/29/2007

Hard money lenders are wealthy individuals and small investment companies that lend cash to borrowers who don't qualify for loans from traditional lenders. New legislation, which seeks to protect borrowers from abuse, may be scaring off lenders instead.

Avoid Personal Loans for Debt Consolidation

By:: Catherine Brock - MortgageLoan.com | Sun, 10/28/2007

Consolidating debt can help debt-ridden borrowers climb out from under a serious problem. But using a personal loan for debt consolidation may not be the answer.

Use HELOC for Business Start-up

By:: Greg Mischio - MortgageLoan.com | Sat, 10/27/2007

When starting a new business, an entrepreneur's first instinct is to turn to a bank for a business loan. Most banks prefer to lend only to established businesses, however, creating a catch 22. Home equity loans provide an excellent alternative.

Mortgage Crisis: Lenders Not Cooperating

By:: Catherine Brock - MortgageLoan.com | Fri, 10/26/2007

Some lenders are avoiding renegotiations with at-risk homeowners-but this lack of cooperation isn't necessarily driven by stubbornness.

Refinance Now, Before Steeper Declines in Prices

By:: Catherine Brock - MortgageLoan.com | Thu, 10/25/2007

New predictions by Moody's Economy.com put the pressure on homeowners to make their refinancing decisions sooner rather than later.

Second Mortgage…Where Art Thou?

By:: Greg Mischio - MortgageLoan.com | Wed, 10/24/2007

Most financial events tend to have a ripple effect, leaving plenty of ulcers in their wake. The crisis in the subprime market is a prime example. The upheaval has affected many lending products, particularly the second mortgage.

Protection from the Universal Default Clause

By:: Greg Mischio - MortgageLoan.com | Tue, 10/23/2007

George Orwell's prognostication that Big Brother would keep tabs on our private lives never fully materialized. But many credit card companies can and will monitor your finances. And they won't hesitate to hit you with the Universal Default Clause if you step out of line.

Investing for Income

By:: Catherine Brock - MortgageLoan.com | Mon, 10/22/2007

Investing for income is a popular retirement planning strategy. It can also be equally valuable to any investor who'd like to minimize portfolio volatility.

Shopping for a Car Loan

By:: Catherine Brock - MortgageLoan.com | Sun, 10/21/2007

The dealer usually isn't your best source for a car loan. Save money by shopping around before you're ready to buy.

Beleaguered Homeowners Get Housing Help

By:: Catherine Brock - MortgageLoan.com | Sat, 10/20/2007

Homeowners are struggling to survive as their adjustable-rate mortgage payments are on the rise. Help is out there for the thousands of homeowners who've been put into mortgages that they can't afford.

How To Finance A Boat

By:: Anders Bylund - MortgageLoan.com | Fri, 10/19/2007

A boat-large or small, with engines or sails-can be a great place to relax after a hard week in the office. Learn how to finance your own dream yacht.

A Safer Haven: Refinance to Fixed-Rate Mortgage

By:: Catherine Brock - MortgageLoan.com | Thu, 10/18/2007

A high percentage of borrowers with adjustable-rate mortgage are choosing to refinance to safer, fixed-rate loans.

Five Reasons to Borrow From Credit Unions

By:: Greg Mischio - MortgageLoan.com | Wed, 10/17/2007

Created to protect people from unscrupulous lenders, credit unions have a long-standing history of loaning money at reasonable rates. But the low rates are just one reason why people turn to credit unions for their lending needs.

Home Equity Loans for Businesses are Drying Up

By:: Tom Kerr - MortgageLoan.com | Tue, 10/16/2007

As the mortgage crisis spills into other areas of the economy, many small business owners will lose an important source of capital. Home equity loans have been financing thousands of small companies, but that source of funds is rapidly becoming a thing of the past.

Using a HELOC to Bridge the Gap

By:: Catherine Brock - MortgageLoan.com | Mon, 10/15/2007

Market dynamics make it a great time to find and purchase that dream home, as long as the purchase isn't contingent upon the sale of your existing one. If it is, use a HELOC to bridge the financial gap.

Playing the Debt Consolidation Game

By:: Greg Mischio - MortgageLoan.com | Sun, 10/14/2007

Where did all the money go? Countless people look at their finances and scratch their heads, wondering how they wound up in debt. For consumers who find themselves in the hole, here are some simple debt consolidation tips to help cut debt down to size.

Credit Cards Take a Subprime Hit

By:: Tom Kerr - MortgageLoan.com | Sat, 10/13/2007

As home equity loans become harder to get during the subprime mortgage crisis, credit card rules are also tightening. Consumers need to find alternative ways to consolidate debts and manage their finances during this stormy economic period.

Mortgage Mess Hits Auto Industry

By:: Greg Mischio - MortgageLoan.com | Fri, 10/12/2007

The subprime mortgage fiasco is like a pebble thrown into a pond. It's rippling out into the auto industry, as well, where uncertainty about the housing market is causing consumers to delay making new auto purchases.

Need a Lift? How to Finance Plastic Surgery

By:: Greg Mischio - MortgageLoan.com | Thu, 10/11/2007

Plastic surgery can do more than just alter your appearance-it changes your bank account, too. That's because this type of surgery is expensive, and is seldom covered by insurance. Before you proceed, carefully analyze your financing options-including a home equity loan.

Avoid Mortgage Crunch with a Credit Union

By:: Catherine Brock - MortgageLoan.com | Wed, 10/10/2007

While traditional mortgage lenders struggle to recover from the subprime meltdown, credit unions are carrying on with business as usual.

Foreign Aid: Invest Internationally

By:: Anders Bylund - MortgageLoan.com | Tue, 10/09/2007

Geographic diversification is easier than you might think. Once you know what you're doing, you can trade foreign stocks, or even entire markets, just as you would any U.S. stock.

Mortgage Lender Gone Belly-up? Here's help!

By:: Tom Kerr - MortgageLoan.com | Mon, 10/08/2007

Usually, it's borrowers, not lenders, who get into credit trouble and face foreclosure. But these days, in the wake of the mortgage industry's subprime implosion, your mortgage company may go bust. Here are some tips on how to handle such a situation.

Avoid Foreclosure with a Short Sale

By:: Catherine Brock - MortgageLoan.com | Sun, 10/07/2007

Short sales are on the rise as borrowers and lenders struggle to stay afloat during a housing market correction.

Credit Unions

By:: Greg Mischio - MortgageLoan.com | Sat, 10/06/2007

Credit unions have become a fixture in a cluttered financial marketplace. There are currently more than 8,000 of them, with in excess of 80 million members. Their popularity stems from the fact that, while credit unions look and operate a lot like banks, they have some distinct advantages.

Second Mortgages - Potential Hazards to Your Financial Health

By:: Tom Kerr - MortgageLoan.com | Fri, 10/05/2007

Second mortgages can be a convenient tool for borrowing money, but they can also jeopardize your personal finances because your home is used as collateral. Use them cautiously to avoid unwanted consequences, including the loss of your own house through foreclosure.

Five Simple Steps to Buying a Stock

By:: Catherine Brock - MortgageLoan.com | Thu, 10/04/2007

You know you're supposed to put your savings to work "in the market," but you're not quite sure where to begin. Here's a step-by-step approach to buying stock.

Determining CD Rates

By:: Catherine Brock - MortgageLoan.com | Wed, 10/03/2007

Several factors determine how banks and credit unions set interest rates on CDs (certificates of deposit). Learn those factors and you can find the best rate for your savings.

Five Sneaky Credit Card Practices

By:: Greg Mischio - MortgageLoan.com | Tue, 10/02/2007

Consumers have developed a love-hate relationship with their credit cards. They love the convenience of swiping plastic for purchases, but they hate the sneaky little fees and finance charges initiated by credit card companies.

Are you an Investor or a Speculator?

By:: Anders Bylund - MortgageLoan.com | Mon, 10/01/2007

Are you a gambler or an investor? Believe it or not-you can be active in the stock market without losing sleep.

Fannie Mae and Freddie Mac May Help Refinancing Crisis

By:: Tom Kerr - MortgageLoan.com | Sun, 09/30/2007

Fannie Mae and Freddie Mac are federal agencies with a mandate to support the mortgage markets in the U.S. Now that those markets are in turmoil, some members of Congress want them to support the refinance of subprime and jumbo loans to help relieve borrowers.

Four Questions to Ask When Financing a Car

By:: Greg Mischio - MortgageLoan.com | Sat, 09/29/2007

Car-shoppers spend a lot of mental energy preparing for the salesperson. They plan their negotiation tactics as they ready themselves for a war of the wits. They should also prepare for another key player in the car-buying process-the finance manager.

No More Home Equity Loans for College Tuition

By:: Catherine Brock - MortgageLoan.com | Fri, 09/28/2007

With mortgage lenders shutting the door on home equity loans, parents of college-bound kids may have to rethink their school, and financing, of choice.

Paying Cash for Your Home: Is it a Good Investment?

By:: Anders Bylund - MortgageLoan.com | Thu, 09/27/2007

If you could pay for your next home with cash, why wouldn't you? This could be one of the nicest problems that you'll ever have.

Five HELOC Risks

By:: Greg Mischio - MortgageLoan.com | Wed, 09/26/2007

With relatively low interest rates and tax-deductible interest, home equity lines of credit (HELOCs) have always been considered the best choice when it comes to home improvement loans. But while they might be the top lending tool for homeowners, HELOCs have their fair share of risks.

Government Relief for the Mortgage Crisis

By:: Tom Kerr - MortgageLoan.com | Tue, 09/25/2007

As the mortgage finance crisis expands, government officials are urging lenders to provide flexibility and relief to homeowners. The central bank is also supplying more money to banks to offset the impact of bad loan portfolios.

Four Signs Your Home Equity Loan is in Trouble

By:: Greg Mischio - MortgageLoan.com | Mon, 09/24/2007

The delinquency rate among home equity loans has experienced a recently frightening increase. Overly aggressive lenders may have caused the problem by relaxing their loan guidelines. But borrowers are also to blame, particularly when they fail to see the signs of financial trouble.

IRA Individual Retirement Accounts

By:: Catherine Brock - MortgageLoan.com | Sun, 09/23/2007

Individual Retirement Accounts (IRAs) provide tax benefits for responsible savers.

Student Loan Default: Don't Even Think About It

By:: Greg Mischio - MortgageLoan.com | Sat, 09/22/2007

If you have student loans, you can expect a rather unpleasant graduation present from the real world: Your lender will want you to start making loan payments. If you don't, you may wind up in default, and the consequences could be serious.

Second Mortgages and the Truth in Lending Act

By:: Catherine Brock - MortgageLoan.com | Fri, 09/21/2007

The Truth in Lending Act protects home equity borrowers by defining a rescission period and requiring lenders to disclose key terms.

Mortgage Lenders Shutting Doors

By:: Catherine Brock - MortgageLoan.com | Thu, 09/20/2007

Mortgage lenders close their doors and lay off employees by the hundreds as the industry's subprime woes continue.

Home Equity Loans More Difficult to Obtain

By:: Catherine Brock - MortgageLoan.com | Wed, 09/19/2007

Home equity loans are harder to come by as secondary market investors rethink their exposure to the struggling U.S. mortgage industry.

Countrywide's Tactics Taint the Mortgage Industry

By:: Tom Kerr - MortgageLoan.com | Tue, 09/18/2007

While the nation plunges deeper into a mortgage crisis, the leading lender is being exposed for unscrupulous mortgage lending practices. The revelations related to Countrywide-at least for now-have tarnished the entire industry's public image.

A Primer on Purchasing Bonds

By:: Catherine Brock - MortgageLoan.com | Mon, 09/17/2007

If you're looking for safety in your volatile stock portfolio, bonds can be a calming force. Here are some tips on how to buy them.

Understanding Student Loan Discounts

By:: Greg Mischio - MortgageLoan.com | Sun, 09/16/2007

A "blue light special" in a discount store can ignite a bargain shopper stampede. Discounts on student loans may not prompt the same reaction among college students, but they do offer significant cost-savings.

Use Caution with Second Mortgages

By:: Greg Mischio - MortgageLoan.com | Sat, 09/15/2007

The phrase "buyer beware" is supposed to keep consumers on their toes whenever they hit the malls or buy online. Homeowners should heed a similar warning-"borrower beware"-especially when it comes to home equity loans.

Mortgage Breakthroughs: Pay with Credit Card

By:: Greg Mischio - MortgageLoan.com | Fri, 09/14/2007

The savvy consumer knows that if you charge every cent and make payments each month, your credit card rewards program can pay off in a big way. Two new programs now integrate mortgages, as well, and each offers significant payoffs.

Is it Time to Buy a New Home?

By:: Catherine Brock - MortgageLoan.com | Thu, 09/13/2007

Consistently timing the market is impossible; make your home-buying decisions based on what you want and what you can afford.

Countrywide Mortgage Gets Rescued

By:: Tom Kerr - MortgageLoan.com | Wed, 09/12/2007

With mortgage companies dropping like flies thanks to massive numbers of bad loans, it's surprising to find that one has attracted a well-heeled investor. Countrywide may be in financial trouble, but Bank of America apparently views it as an undervalued bargain.

Is a Cash-out Refinancing Right for You?

By:: Ellen B. Rosenthal - MortgageLoan.com | Tue, 09/11/2007

In a cash-out refinancing, you take out a new mortgage for an amount that's larger than your current principal balance. You can then use the extra money as you wish. Just make sure that you compare the costs of this type of financing with the costs of a home equity loan before proceeding.

Tips for Sellers in Risky Markets

By:: Catherine Brock - MortgageLoan.com | Mon, 09/10/2007

Experts say the real estate downturn hasn't hit the bottom yet. That puts even more pressure on sellers to make their homes attractive and affordable to buyers.

Credit Cards and Identity Theft

By:: Greg Mischio - MortgageLoan.com | Sun, 09/09/2007

Identity theft is not an Internet-borne crime. Before the rise of the online world, there were plenty of credit card thieves and check kiting (fraud) schemes. However, the web has provided identity criminals with new opportunities, and consumers with new challenges.

How Will Mortgage Market Mayhem Affect You?

By:: Tom Kerr - MortgageLoan.com | Sat, 09/08/2007

The hemorrhaging of the subprime mortgage industry is the news of the year, but only a small percentage of consumers directly participate in these kinds of special loans. All of us will feel the financial aftershocks, however, when we apply for other mainstream mortgage products.

Perfect Timing for Refinancing?

By:: Greg Mischio - MortgageLoan.com | Fri, 09/07/2007

Making a living as a stockbroker is hardly a walk in the park. To help their clients make successful investments, they must correctly interpret countless market variables. You face a similar challenge if you're trying to pick the perfect time to refinance your mortgage.

Home Equity Debt Can Reduce Capital Gains Taxes

By:: Catherine Brock - MortgageLoan.com | Thu, 09/06/2007

Capital gains earned from the sale of your home can lead to a huge tax bill. Learn how to minimize your capital gains bill by raising your cost basis through home improvements.

Investing: Safety in Diversity

By:: Anders Bylund - MortgageLoan.com | Wed, 09/05/2007

When one market goes down, another is likely to rise just as quickly. As a result, a diverse portfolio is your best safeguard against crashes and popped bubbles.

Hedge Your Bets in a Challenging Mortgage Environment

By:: Tom Kerr - MortgageLoan.com | Tue, 09/04/2007

The mortgage market is in turmoil, and lenders are hyper-vigilant. In such a cautious climate, borrowers need to have a backup plan in case they get turned down when applying for a loan. One idea is to submit multiple simultaneous applications.

Credit Cards: A Brief History

By:: Catherine Brock - MortgageLoan.com | Mon, 09/03/2007

The concept of credit dates back some 3000 years. The credit card, as we know it today, dates back almost 60-a far more modern invention.

Jumbo Trouble for Jumbo Mortgages

By:: Tom Kerr - MortgageLoan.com | Sun, 09/02/2007

Jumbo mortgages have always carried slightly higher interest rates. These days, investors who stand behind those loans are especially skittish, and the rates they demand are extraordinary. As a result, these types of loans are currently in short supply.

Refinance to Safety

By:: Greg Mischio - MortgageLoan.com | Sat, 09/01/2007

Adjustable-rate mortgages (ARMs) used to be the apple of a homeowner's eye. With their low teaser rates, ARMs offered smaller monthly payments than most fixed-rate products. But today's rising rates and tightening lending standards have turned the apple rotten, and forced homeowners to look at other options, like mortgage refinancing.

Be Trendy: Expand Entertainment Area with a Home Equity Loan

By:: Greg Mischio - MortgageLoan.com | Fri, 08/31/2007

Forget the old patio set and hammock-the traditional backyard is getting a makeover. Trendy homeowners are now creating additional living space by decking out their decks with modern appliances, wide screen TVs, and more.

Six Investing "No-nos"

By:: Catherine Brock - MortgageLoan.com | Thu, 08/30/2007

Hone your investment practices and optimize your returns by learning what not to do with your portfolio.

The Trouble with Alt-A Loans

By:: Tom Kerr - MortgageLoan.com | Wed, 08/29/2007

Alt-A loans are a category of mortgages that offer borrowers with good credit the convenience of not having to fully document and verify their income. While these loans are considered more secure than subprime loans, they have become troublesome due to a high volume of defaults.

Credit Cards for Businesses

By:: Greg Mischio - MortgageLoan.com | Tue, 08/28/2007

To run a successful business, you need to mix relentless optimism with a healthy dose of realistic pessimism. For every benefit, there's a potential negative. A credit card for your business is a perfect example.

Job Hunting? Keep Your Credit Clean

By:: Catherine Brock - MortgageLoan.com | Mon, 08/27/2007

Maintaining a good credit history does more than keep your interest costs down-it can help you get a job.

HELOCs: Everything You Need to Know

By:: Catherine Brock - MortgageLoan.com | Sun, 08/26/2007

Are you considering a home equity line of credit (HELOC)? You can avoid costly mistakes by knowing the essential facts before funding.

How Expensive is a Mortgage Refinance?

By:: Tom Kerr - MortgageLoan.com | Sat, 08/25/2007

Refinancing is similar to applying for an original mortgage. But people who have never done it before may be unsure of their out-of-pocket costs. To help you plan for your refinance, an understanding of what fees to expect can come in handy.

Solutions for Debtors

By:: Ellen B. Rosenthal - MortgageLoan.com | Fri, 08/24/2007

If your debt is overwhelming-if you cringe when you get your mail-it's time to start taking control of the problem.

Don't Let Credit Cards Affect Your Mortgage

By:: Catherine Brock - MortgageLoan.com | Thu, 08/23/2007

Keeping credit card debt in check gives you more financial strength, which you can put towards buying your first home.

Home Equity Loans can be Risky Business

By:: Catherine Brock - MortgageLoan.com | Wed, 08/22/2007

Leveraging your home equity can be an easy, affordable way to borrow lots of money. Make sure that the risks don't outweigh the rewards.

Before You Refinance: Three Hard Questions to Ask

By:: Tom Kerr - MortgageLoan.com | Tue, 08/21/2007

Refinancing your mortgage can be a lifesaver, especially if you have an adjustable-rate mortgage that's rising. But before you rush to refinance, answer a few important questions about your situation. The following Q&A might help you avoid difficulty down the road.

Three Debt Consolidation Traps

By:: Greg Mischio - MortgageLoan.com | Mon, 08/20/2007

In one of their most famous hits, the Eagles urged listeners to "Take it easy." Sounds reasonable-but for people heavily in debt, what appear to be easy solutions may be debt consolidation traps.

Bouncing Back from Bad Credit

By:: Greg Mischio - MortgageLoan.com | Sun, 08/19/2007

Time may heal all wounds, but in the case of a bad credit history, there are a few other methods of financial first aid. These include paying bills on time, using your charge cards in a healthy way, and cleaning up your credit report.

The ABCs of Bonds

By:: Catherine Brock - MortgageLoan.com | Sat, 08/18/2007

Did you know that the federal government wants to borrow money from you? Bonds, a relatively safe and predictable investment, can be a key component of your diversified portfolio.

Four Strategies to Help with Student Loan Debt

By:: Greg Mischio - MortgageLoan.com | Fri, 08/17/2007

Traditionally, students throw mortarboards into the air when they graduate. For many college students, graduation is also a time when they begin throwing their money away by not repaying student loans properly.

Credit Cards for Kids

By:: Catherine Brock - MortgageLoan.com | Thu, 08/16/2007

Giving your kids small doses of credit can be a productive introduction to the art of managing money.

Exchange Traded Funds (ETF)

By:: Catherine Brock - MortgageLoan.com | Wed, 08/15/2007

Nowadays, novice investors have far more choices than just the traditional mutual fund. One option is the exchange-traded fund, which offers instant diversification with a low-cost buy-in.

Three Tips for Refinancing Online

By:: Kristie Lorette - MortgageLoan.com | Tue, 08/14/2007

As interest rates rise, so too does the number of adjustable-rate mortgage holders who are turning to mortgage refinancing as an escape from the insecurity of ever-changing rates. If you choose to shop for a mortgage refinance on the Internet, it's important to take necessary safeguards to ensure a smooth process.

Lower Your HELOC Rate

By:: Tom Kerr - MortgageLoan.com | Mon, 08/13/2007

A home equity line of credit can be a great tool for consolidating high interest credit card debt, or financing a long-overdue home improvement project. Get the lowest rate possible, and then bank the savings over time.

Five Ideas for Saving Money on Student Loans

By:: Greg Mischio - MortgageLoan.com | Sun, 08/12/2007

Student loans provide the springboard for bright careers and higher earnings. They can also drag a young professional deep into a financial hole if his repayment isn't managed wisely.

Reward Yourself with Your Credit Card

By:: Greg Mischio - MortgageLoan.com | Sat, 08/11/2007

A credit card is like a power tool-if mishandled, it can inflict serious harm. When used properly, however, it produces beautiful results, such as a credit card rewards program.

Tough Seller's Market? Use Home Equity to Spruce Up Your Home

By:: Tom Kerr - MortgageLoan.com | Fri, 08/10/2007

With foreclosures hitting all-time highs, it takes additional creativity to successfully market a home. But a home equity loan can help you dress up your property and complete a sale, even in a highly competitive market.

Newlyweds: Merge your assets with a mortgage refinance

By:: Catherine Brock - MortgageLoan.com | Thu, 08/09/2007

Newlyweds: If one of you owns a home and a mortgage, be sure that you understand the consequences of how you choose to share the responsibility of home ownership.

Five Mortgage No-Nos for First Time Homebuyers

By:: Greg Mischio - MortgageLoan.com | Wed, 08/08/2007

"No talking with your mouth full! No playing in traffic! No talking to strangers!" Generations of parents have drilled these cautionary words into the minds of their children. Similar no-nos exist for first-time homebuyers. Heed them, and your home-buying experience will be a pleasurable one.

An Alternative to Foreclosure: Use the law

By:: Tom Kerr - MortgageLoan.com | Tue, 08/07/2007

It's standard procedure for borrowers who get behind in their mortgage payments to contact lenders and credit counselors to help sort out the situation before it leads to foreclosure. But these days, many homeowners are getting results by calling an attorney instead.

Avoiding Car Dealer Scams

By:: Catherine Brock - MortgageLoan.com | Mon, 08/06/2007

No one wants or expects to get duped by a car dealership. Unfortunately, it happens more often than it should. If you're in the market for a new vehicle, protect yourself by recognizing the most common car dealer tricks and traps.

Investing in Stocks? Understand the Exchanges

By:: Catherine Brock - MortgageLoan.com | Sun, 08/05/2007

The stock exchange adds crucial efficiency to the interaction among businesses, investors, and brokers. Without it, businesses couldn't raise as much capital, investors wouldn't know the value of their holdings and the stockbroker's job would be much harder.

Options for Debt Consolidation

By:: Greg Mischio - MortgageLoan.com | Sat, 08/04/2007

Don't be discouraged if you're in the middle of rocky financial times. People who are deep in debt now have numerous debt consolidation tools at their disposal. With a little legwork, you'll find the right option to smooth out those financial bumps in the road.

Six tips for finding a broker

By:: Greg Mischio - MortgageLoan.com | Fri, 08/03/2007

Finding a broker is a lot like picking a good investment. There are many different variables to consider, and if you make the right choice, you'll likely enjoy some financial rewards.

Four Auto Insurance Tips

By:: Greg Mischio - MortgageLoan.com | Thu, 08/02/2007

There's no shortage of reasons why you need auto insurance. What may not be clear to car owners, however, is what to look for when buying it. Know the basics, and you'll begin to see there's potential for serious savings.

Understanding Index Fund Investing

By:: Catherine Brock - MortgageLoan.com | Wed, 08/01/2007

Are you looking for a low-maintenance, low-risk way to get into the stock market? Index fund investing may be your answer.

Tougher Rules for Mortgages

By:: Tom Kerr - MortgageLoan.com | Tue, 07/31/2007

In the wake of trouble in the subprime lending market, regulators are cracking down on lenders in an effort to shelter consumers from unnecessary risk. While the rules are meant to protect borrowers, they may wind up making it harder for them to get certain types of mortgages.

Three Dangers of Refinancing

By:: Greg Mischio - MortgageLoan.com | Mon, 07/30/2007

Mortgage refinances have resulted in plenty of rewards for homeowners. But the risks are becoming more complicated as lenders alter programs and find new ways to drive profits. Understand both sides of the coin before committing a penny to a mortgage refinance.

Mutual Funds Basics

By:: Danette Pelletier - MortgageLoan.com | Sun, 07/29/2007

Have you ever tested the water temperature by dipping in a single toe? For decades, mutual funds have offered hesitant investors a chance to enter the stock market without risking overconcentration in any single security. If you've been thinking about mutual funds, educate yourself on the essentials before you plunge into the investing pool.

529 College Savings Plans

By:: Danette Pelletier - MortgageLoan.com | Sat, 07/28/2007

The average annual cost of a public college education is now $12,796, and a private university will cost you more than double that amount. You can gradually save for the day that the kids finally leave the roost with a tax-advantaged 529 college savings plan.

Finding the Best CD Rates

By:: Danette Pelletier - MortgageLoan.com | Fri, 07/27/2007

Certificates of deposit (CDs) offer the best of both worlds-reliable returns with very little risk. But not all CDs are the same. This primer will help you get the most bang for your buck.

Reverse Mortgages for Second Homes Gain Momentum

By:: Tom Kerr - MortgageLoan.com | Thu, 07/26/2007

Until recently, reverse mortgages for primary residences were only available through a few regional banks. However, some national lenders have started offering them for second homes, as well. The trend may offer a welcome alternative to refinancing for those who want to extract equity from investment property without selling it.

Planning Ahead for a Home Equity Loan

By:: Tom Kerr - MortgageLoan.com | Wed, 07/25/2007

Home equity loan delinquencies are on the rise, as many consumers fall behind on their payments. But you can help to avoid those problems by planning ahead before you borrow, or by using a flexible home equity line of credit or HELOC.

Sorting Through Mortgage Options

By:: Catherine Brock - MortgageLoan.com | Tue, 07/24/2007

It seems like everyone's talking about the difficulty getting mortgages, and how volatile adjustable-rate mortgages can be. But if you're a disciplined investor, you can sift through the warnings to find the right loan for you.

Tapping Retirement Money for a College Education

By:: Catherine Brock - MortgageLoan.com | Mon, 07/23/2007

Paying for your child's college education is a priority. But it shouldn't be your top priority. Personal finance experts say retirement planning comes first.

Techniques to Rebuild Credit after Bankruptcy

By:: Catherine Brock - MortgageLoan.com | Sun, 07/22/2007

Bankruptcy isn't the end of the world-it's the beginning of a new one. Take the opportunity to start fresh with new habits that will save you money and keep you out of debt trouble in the future.

Five Things to Expect from Refinancing

By:: Danette Pelletier - MortgageLoan.com | Sat, 07/21/2007

Borrowers are refinancing their homes in droves. While this practice can offer many benefits for homeowners, knowing what to expect can help you decide if it's right for you.

Winning Ways: Debit or Credit?

By:: Danette Pelletier - MortgageLoan.com | Fri, 07/20/2007

Credit cards have become an American institution. Not to be outdone, debit cards have replaced "ATM-only" bankcards, and can now be used almost anywhere, from McDonald's to Macy's. Here are some tips to know which ones to use when.

Six "Must-Knows" About Second Mortgages

By:: Catherine Brock - MortgageLoan.com | Thu, 07/19/2007

Researching second mortgages can be tricky; if you run a search on the Web, you're instantly bombarded with promises of rock-bottom payments and the lowest rates in town. Before those offers carry you away, take a moment to review some second mortgage basics.

New Breed of Reverse Mortgages

By:: Greg Mischio - MortgageLoan.com | Wed, 07/18/2007

Retirement is no longer a time to sit on the park bench and feed the pigeons. Today's retirees are more active than ever-launching second careers and focusing on physical fitness. New pathways await them in their golden years, even when it comes to home loans like the reverse mortgage, which can help their fiscal fitness, as well.

Five Ways to Repair Your Bad Credit History

By:: Greg Mischio - MortgageLoan.com | Tue, 07/17/2007

Bad credit doesn't like to be ignored. If you don't take steps to repair your history, the problem will increase in size and scope and eventually deliver a crippling blow to your financial life.

Be Regal: Tap Home Equity with REX

By:: Catherine Brock - MortgageLoan.com | Mon, 07/16/2007

Once upon a time, taking on debt or selling your house was the only way to cash out your home equity. Now there's a new choice-introducing the REX.

Crucial Tips for Credit Card Protection

By:: Greg Mischio - MortgageLoan.com | Sun, 07/15/2007

These days, your financial information is wearing a bull's-eye. It's the prime target of identity thieves who'd like to swipe your credit card numbers and embark on their own wild shopping sprees. Follow these tips to protect those precious digits.

Participation Loans

By:: Catherine Brock - MortgageLoan.com | Sat, 07/14/2007

Lenders and borrowers can team up with other lenders and borrowers to reduce their exposure to risk and increase their profits. These relationships, which come in many flavors, are called participation loans.

Top Five Ways to Avoid Payday Loans

By:: Greg Mischio - MortgageLoan.com | Fri, 07/13/2007

The business model for any payday loan operation can be summed up in one phrase: "Desperate times call for desperate measures." Consumers desperate for cash have alternatives to such approaches.

Down Payments Shrink toward Extinction

By:: Tom Kerr - MortgageLoan.com | Thu, 07/12/2007

Prior to the recently ended bull market in real estate, it was traditional to make a 20 percent down payment when taking out a home mortgage loan. Because of inflation, however, lenders began letting consumers commit less cash up front. This trend may contribute to riskier borrowing habits.

Renovation Refinance Loans

By:: Greg Mischio - MortgageLoan.com | Wed, 07/11/2007

There's a new mortgage refinance loan in town-the renovation refinance loan. This hot new lending product could be the best way to renovate your new home without breaking your personal piggy bank in the process.

A New Take on First-Lien Home Equity Lines

By:: Catherine Brock - MortgageLoan.com | Tue, 07/10/2007

Home mortgage lenders are following the lead of enthusiastic infomercials by touting some compelling advantages of a new generation of first-lien home equity lines of credit.

Home Mortgage Abuse Leads to Negative Savings

By:: Catherine Brock - MortgageLoan.com | Mon, 07/09/2007

The U.S. may be the leading industrial nation in the world, but it falls way behind other countries when it comes to personal savings. Cash-out home equity loans with attractive interest rates are a big factor behind this phenomenon.

Mortgage Rates: Understand the Fine Print

By:: Greg Mischio - MortgageLoan.com | Sun, 07/08/2007

The act of closing on a mortgage yields a dizzying array of documents. A borrower is required to sign page upon page of legalese-often with little understanding of what's contained within the paperwork. As one couple discovered, not knowing what you're signing can have a profound impact on your mortgage rate.

Top Seven Overlooked Tax Deductions

By:: Catherine Brock - MortgageLoan.com | Sat, 07/07/2007

Taxes take a huge bite out of your income; but you can soften the effect if you know the rules. Don't let your hard-earned cash slip through your fingers. Itemize your deductions and take advantage of rules designed to reduce your obligation.

Home Equity Borrowers: What's your profile?

By:: Catherine Brock - MortgageLoan.com | Fri, 07/06/2007

A recent study by the Consumer Bankers Association compiled and analyzed data pertaining to home equity borrowers. Data points include credit score, and income and mortgage debt levels. They can help you decide if a home equity loan is right for you.

Is It Too Late to Refinance your ARM?

By:: Catherine Brock - MortgageLoan.com | Thu, 07/05/2007

Fixed mortgage rates are inching up, and industry experts are split on where rates are going from here. Can you still afford to refinance your ARM? Can you afford not to?

Finance a Career Change with a HELOC

By:: Greg Mischio - MortgageLoan.com | Wed, 07/04/2007

Within every household, the battle between short-term financial needs and long-term financial goals rages constantly. Instead of dipping into retirement funds to soothe the short-term beast, consider using a flexible home equity line of credit (HELOC).

Top Five Reasons to Use a Mortgage Broker for Refinancing

By:: Greg Mischio - MortgageLoan.com | Tue, 07/03/2007

Whether you're shopping for groceries or looking for a car, you want options. Shopping for a mortgage loan is no different. And there's no better place to find options for a mortgage refinance than with a mortgage broker.

Can Mortgage Company Appraisals be Trusted?

By:: Tom Kerr - MortgageLoan.com | Mon, 07/02/2007

In a sluggish market, desperate real estate agents and mortgage brokers may pressure appraisers to artificially increase property values. But the tactic can backfire if mortgage underwriters cancel loans because they think the sales prices are too high to be justified. To avoid problems, sellers need to be completely realistic when setting the prices for their homes.

Help Manage Debt with a Mortgage Refinance

By:: Tom Kerr - MortgageLoan.com | Sun, 07/01/2007

The creative use of mortgage refinancing can be a smart way to consolidate debt and manage consumer purchases and personal finances. By tapping into home equity, you can make interest rates and payment schedules work for you, rather than against you.

Tax Tips for Teens

By:: Catherine Brock - MortgageLoan.com | Sat, 06/30/2007

Whether they'll admit it or not, your teenage children need your help understanding how income taxes work. Send them off to the working world on the right foot by reviewing these taxpayer basics.

Money Market Accounts or CDs - Which is better?

By:: Nicki Howell - MortgageLoan.com | Fri, 06/29/2007

When choosing a savings account, it's important to understand all your options. Money market accounts and certificates of deposit are great savings tools, but which is better?

Refinance: Help for an Aging House

By:: Catherine Brock - MortgageLoan.com | Thu, 06/28/2007

When you're on a tight budget, it's natural to put off expensive home repairs. Just don't wait until the roof caves in. A mortgage refinance may be the solution that gets your home back to working order.

Do You Know Your Mortgage?

By:: Greg Mischio - MortgageLoan.com | Wed, 06/27/2007

Mortgages are one of the biggest purchases a person will make. They're also the most complicated. But no matter how complex a home loan can be, you need to understand how your own mortgage works-or else you could find yourself in dire financial straits.

Maximize Strategies to Minimize Your Debt

By:: Danette Pelletier - MortgageLoan.com | Tue, 06/26/2007

Is debt slowly sucking the life out of you? Do you dread opening the mailbox or answering the phone for fear of hearing from creditors? Do visions of bankruptcy and foreclosure turn your dreams into nightmares? If so, you can fix your financial future fast by following a few sound debt relief strategies.

Best Reasons to Refinance Your Mortgage

By:: Greg Mischio - MortgageLoan.com | Mon, 06/25/2007

Refinancing is similar to a key to a buried treasure. If it fits your financial situation, it can lead to some significant financial rewards. Consider some of the top reasons why many people refinance, and unlock the power of your home's equity.

Mortgage Fraud: One Nasty Business

By:: Anders Bylund - MortgageLoan.com | Sun, 06/24/2007

Rampant mortgage fraud has been driving up home prices for years, and it's not always easy to catch the bad guys in the act. Learn to pick up on the warning signs before it happens to you.

Four Post-Divorce Financial Tips

By:: Greg Mischio - MortgageLoan.com | Sun, 06/24/2007

Divorce is no picnic. It can be a legal nightmare with more than its fair share of emotional pain. Here are some tips that can lessen potential monetary damage.

Seven Home Equity Loan Errors

By:: MortgageLoan.com - MortgageLoan.com | Sat, 06/23/2007

The kids are begging for a swimming pool while you're daydreaming about tall drinks and lazy summer afternoons in the welcoming shade of a beautiful new veranda. Could a home equity loan be on the horizon?

Improve Your Financial Condition with Debt Consolidation

By:: Catherine Brock - MortgageLoan.com | Fri, 06/22/2007

Once debt gets out of hand, there's no fixing it unless you pay it off or declare bankruptcy. Whether excessive spending or a spell of bad luck caused the problem, you must find a way to stop charging and pay down the debt. Here's how consolidation can help.

Growing Pains: The Parents-Backed Mortgage

By:: Tom Kerr - MortgageLoan.com | Thu, 06/21/2007

Today's kids find it increasingly difficult to finance a first home. Parents, motivated by a desire to provide financial security for their children, are helping with a so-called "parents-backed mortgage." This shared equity financing arrangement is an increasingly popular tool for assisting kids, and can provide mom and dad with extra income from real estate appreciation.

Benefits of Online Mortgage Refinancing

By:: Greg Mischio - MortgageLoan.com | Wed, 06/20/2007

The Internet has replaced the dog as man's best friend-especially if that man is a shopper. On the web, you can find countless products and services at low prices. The same online benefits are also enjoyed by homeowners looking for a home refinance.

Six Summertime Tax Tips

By:: Greg Mischio - MortgageLoan.com | Tue, 06/19/2007

As you settle into the balmy days of summer, thoughts of tax time and April 15th are but a distant memory. Use this downtime to implement some solid tax strategies to help, not hinder, your summertime fun.

Credit cards and college students: A bad mix

By:: Greg Mischio - MortgageLoan.com | Mon, 06/18/2007

College is a time for students to expand their minds, meet new people, and have a ton of fun. But it can also be a time when a student can get into serious financial trouble, courtesy of easily-accessible credit cards.

Avoiding the Pain of Home Equity Loans

By:: Greg Mischio - MortgageLoan.com | Sun, 06/17/2007

It's amazing what a little uptick in interest rates and a slow-moving housing market will do to consumer behavior. Back when rates were low, people couldn't tap their equity fast enough. Now, with rates hovering around 8 percent and home sales dragging, borrowers are singing a different tune.

Debt Consolidation Alternatives

By:: Greg Mischio - MortgageLoan.com | Sat, 06/16/2007

At first glance, debt consolidation seems like an obvious choice for people whose finances are in the red. But for all its positives, there are also some negatives-enough to make a smart homeowner consider debt consolidation alternatives.

Should you Stretch your Budget for a New Home?

By:: Greg Mischio - MortgageLoan.com | Fri, 06/15/2007

With interest rates low and home prices beginning to level off, now is a great time to buy a home. Should you stretch your budget to buy the exact home that you want? This article, plus a good mortgage calculator, can help you find the answer.

Refinance to Remodel

By:: Tom Kerr - MortgageLoan.com | Thu, 06/14/2007

Coming up with the necessary cash to finance a remodeling project can be the hardest part of the entire task. But creative mortgage refinance strategies can provide the right tools for the job, especially in 2007, since property refinancing rates and basic building materials are affordably priced.

Which Mortgage Term is Right For You?

By:: Greg Mischio - MortgageLoan.com | Wed, 06/13/2007

Counting on your fingers is a proven problem-solving technique. Unfortunately, it's useless after the first grade. Once you're an adult, you'll want to use a calculator for more difficult problems, like figuring out which mortgage term is right for you.

Guide to Eliminate Credit Card Debt

By:: Greg Mischio - MortgageLoan.com | Tue, 06/12/2007

In cases of serious injuries, a doctor's first order of business is to stop the main source of bleeding. The same tactic works for eliminating credit card debt: The smart consumer takes care of the credit card that's causing the most pain.

Home Equity Loans: Steps for Success

By:: Catherine Brock - MortgageLoan.com | Mon, 06/11/2007

Since all home equity loans are not created equal, you might find it frustrating when you consider your options. Make your life easier by taking a logical, organized approached to equity loan shopping.

Playing the CD Game to Manage Risk

By:: Greg Mischio - MortgageLoan.com | Sun, 06/10/2007

The investing game is lot like poker-there's lots of risk, but also plenty of rewards. The payout comes down to how you play your hand. With certificates of deposit (CDs), there are plenty of strategies that help you win without a big gamble.

Debt Consolidation: The Last Resort

By:: Greg Mischio - MortgageLoan.com | Sat, 06/09/2007

If you're in serious debt, remain calm. You don't need to rush to the nearest bank and take out a debt consolidation loan. Take a deep breath and consider all your options before you choose the option of last resort.

Is Your Home an Overrated Retirement Asset?

By:: Tom Kerr - MortgageLoan.com | Fri, 06/08/2007

Historically speaking, homes lag far behind common stocks when it comes to asset appreciation. They're reliable nests, but unreliable nest eggs. But they have merit: You can withdraw retirement money from the accumulated value of your home by using a home equity loan or reverse mortgage.

Which is Better: Cash-Out Refinance or a Home Equity Loan?

By:: Tom Kerr - MortgageLoan.com | Thu, 06/07/2007

Having equity in your home can be a valuable source of needed cash. Whether you should use a home equity loan or a cash-out refinance to access that equity depends on a number of factors.

Home Equity Loans for Realistic Renovations

By:: Anders Bylund - MortgageLoan.com | Wed, 06/06/2007

It's easy to get a home equity loan to turn your home into the mansion of your dreams. But how far should you go?

Help for Subprime Borrowers

By:: Tom Kerr - MortgageLoan.com | Tue, 06/05/2007

As foreclosures surge, members of Congress are putting pressure on mortgage companies to protect homeowners from high-risk loans and unscrupulous lending practices. One result is that some subprime lenders are allowing a temporary freeze on rates for borrowers, who may then be able to refinance out of high-interest loans.

Buying a Car Online

By:: Greg Mischio - MortgageLoan.com | Mon, 06/04/2007

Author Michael Crichton once labeled the Internet as "the Home Shopping Network." The Internet features all kinds of retail opportunities, including car buying, where the smart shopper can save big bucks on an auto purchase.

Low-Risk Investing Introduction

By:: Catherine Brock - MortgageLoan.com | Sun, 06/03/2007

Investing your money doesn't have to mean buying stock in dotcoms or funding your cousin's start-up. Beginning investors can see financial gain by trying out low risk, low return investments.

Ten Outside-the-Box College Scholarships

By:: Greg Mischio - MortgageLoan.com | Sat, 06/02/2007

Many students think that the only way to get a scholarship is to be a gifted athlete or scholar. However, you'll be surprised to learn how many scholarships are awarded for bizarre, obscure reasons. If you're a unique individual, there might be a unique scholarship waiting for you.

Seven Tips for Finding the Perfect Car

By:: Greg Mischio - MortgageLoan.com | Fri, 06/01/2007

America has a long-standing love affair with the automobile. If you\'re shopping for a new one, there are plenty of places to find the wheels of your dreams. These seven tips can help make sure you and your four-wheeled friend drive happily into the sunset.

Lenders Tighten Borrowing Standards for Home Mortgages

By:: Tom Kerr - MortgageLoan.com | Thu, 05/31/2007

As the number of delinquent mortgages climbs, lenders are tightening their standards for issuing loans, including such well-publicized moves as raising minimum credit scores and cutting back on 100 percent financing and low-documentation loans. The trend appears to be here to stay, at least for the foreseeable future.

The New All-in-One-Mortgage

By:: Tom Kerr - MortgageLoan.com | Wed, 05/30/2007

Seattle-based Washington Mutual, Inc. recently unveiled a new type of mortgage designed to give consumers more options than ever before. The loan is expected to surge in popularity and will likely be imitated by other mortgage lenders around the U.S.

Stock Market Introduction

By:: Anders Bylund - MortgageLoan.com | Tue, 05/29/2007

Have you always wanted to invest in stocks but didn't know how to start? The following primer on stock market investing will help beginners feel more comfortable.

How Credit Affects Your Mortgage Eligibility

By:: Tom Kerr - MortgageLoan.com | Mon, 05/28/2007

Statistics show that a vast majority of Americans downplay the critical importance of good credit. But having a poor credit history in this area of your life can be the biggest obstacle to home ownership or mortgage refinancing.

Student Loan Forgiveness

By:: Greg Mischio - MortgageLoan.com | Sun, 05/27/2007

Student loans are a burden to any college graduate. Thanks to a variety of loan forgiveness programs, though, they can also open the door to special opportunities.

How to Protect Your Mortgage

By:: Tom Kerr - MortgageLoan.com | Sat, 05/26/2007

Many consumers have mortgages that have gotten progressively expensive, as interest rates have climbed higher. A record number of homes are now in foreclosure. But if you take preventive, proactive measures to monitor and protect your mortgage, you can rest assured that your finances and your home will be safe and secure.

Making the Most of Auto Incentives

By:: Greg Mischio - MortgageLoan.com | Fri, 05/25/2007

Incentives can appear in many forms. For a sports team, it's a shot at a gleaming trophy. For a 5-year old, it's a lick of a cherry lollipop. For the car buyer, incentives include price reductions and low interest rates, both of which can help you save big bucks on an auto purchase.

Where to Hang Your Rainy Day Fund to Dry

By:: Anders Bylund - MortgageLoan.com | Thu, 05/24/2007

Everyone needs cash reserves for unexpected expenses or gaps in income. Where's the best place to keep those funds?

Three Steps to Lower Your Interest Rates

By:: Greg Mischio - MortgageLoan.com | Wed, 05/23/2007

A common misconception is that the rate on your credit card is fixed in stone. The reality is that you have the power to lower the rate on your cards. But no one is going to offer you a lower rate out of the blue. It's up to you, the savvy financial consumer, to ask.

Six Scholarship Scams to Avoid

By:: Greg Mischio - MortgageLoan.com | Tue, 05/22/2007

Students on the hunt for scholarships may soon find themselves enrolled in the school of hard knocks. That's because the marketplace is riddled with scam artists offering bogus scholarships and services. Students need to be careful, or else they'll be paying for more than just tuition when they enroll in college.

Real Estate Investment Trusts (REITs)

By:: Anders Bylund - MortgageLoan.com | Sun, 05/20/2007

When the stock market goes down, a diversified portfolio can help ride out the storm. Real estate is an investment that can help buffer the market's mood swings.

Quick Cash: Take a Personal Loan

By:: Catherine Brock - MortgageLoan.com | Sat, 05/19/2007

When your bank balance is low and you have a big expense looming, you might be tempted to turn to cash advances on your credit cards. What you might not know is that there are more economical ways to borrow money. One of these is the personal loan.

Top Four Reasons to Refinance Your Home

By:: Catherine Brock - MortgageLoan.com | Fri, 05/18/2007

A few years back, low interest rates created a mortgage refinance boom. With homeowners welcoming significantly reduced rates, the decision to refinance was a no-brainer. Now, with rates rising, refinancing is slowing down. No matter-there may still be some solid reasons why a refinance makes sense.

Credit Card Debt Consolidation Guide

By:: Catherine Brock - MortgageLoan.com | Thu, 05/17/2007

Credit card spending can quickly spin out of control, leaving behind an enormous, seemingly impossible repayment burden. Consolidating all that credit card debt into one fixed payment might be your first step in righting those out-of-whack finances.

Hard Money Loans

By:: Tom Kerr - MortgageLoan.com | Wed, 05/16/2007

Hard money loans are made by lenders willing to accept greater risks than mainstream mortgage companies and banks. In exchange for providing loans to borrowers who would otherwise be turned down, hard money lenders charge higher interest rates. If you need a loan, and have bad credit or other problems, a hard money loan might be your easiest and best option.

Student Savings Tips: Small Changes Make a Huge Difference

By:: Nicki Howell - MortgageLoan.com | Tue, 05/15/2007

Students take out college loans as investments in their futures. A college education pays off with higher earning potential. However, if you fall victim to credit card spending, as many students do, your future income will all be earmarked toward paying off debt. Here are some helpful tips to help you save instead of spend.

Money Market Mutual Funds Introduction

By:: MortgageLoan.com - MortgageLoan.com | Mon, 05/14/2007

If you're looking for a financial tool that doesn't carry a high degree of risk, money market mutual funds are an ideal choice. Structured to be highly liquid and a stable investment, they're an integral part of many investors' portfolios.

Payday Loans Introduction

By:: MortgageLoan.com - MortgageLoan.com | Sun, 05/13/2007

Displayed in storefronts across America are neon signs that read: "Get Cash! Checks Cashed!" These signs are the calling cards of payday loans: short-term, high-rate loans that are part of a growing-and highly profitable-trend in lending.

Get out of Debt: Change your habits

By:: Catherine Brock - MortgageLoan.com | Sat, 05/12/2007

Are you bogged down with too much debt? One way to revive your perspective and revamp your spending habits is to mix up your routine by changing your habits.

Are Certificates of Deposit Good Investments?

By:: MortgageLoan.com - MortgageLoan.com | Fri, 05/11/2007

Nobody wants to work forever. But the only way people can stop working is to either win the lottery-an unlikely prospect-or have enough money saved for retirement. Unfortunately, saving isn't enough. The money that you accumulate must be invested wisely in order for it to grow into a comfortable nest egg.

Teenagers: Use (Don't Abuse) Credit Cards

By:: MortgageLoan.com - MortgageLoan.com | Thu, 05/10/2007

For today's consumers, teen credit cards are as common as iPods and MySpace accounts. One out of three high school seniors has a credit card, which is why it's critical that parents teach their children a fourth R-responsibility.

Choosing a Lender for Your Student Loan

By:: MortgageLoan.com - MortgageLoan.com | Wed, 05/09/2007

College students have plenty of studying to do for their required classes. But doing some additional homework on student loans is worth more than extra credit-it can result in long-term savings.

Nine Reasons Why Property Taxes Increase

By:: MortgageLoan.com - MortgageLoan.com | Tue, 05/08/2007

Ask any homeowner, and he'll tell you that property tax bills always seem to rise. Yet, when you consider the sheer number of factors that can spark a change, you should probably be thankful that there aren't even more property tax hikes.

Ethical Mortgage Brokers Ensure a Fair Home Purchase

By:: MortgageLoan.com - MortgageLoan.com | Mon, 05/07/2007

Utilizing the services of a resourceful mortgage broker can save you not only time but money and worry. But because not all brokers are created equal, it's important that you choose yours carefully to find one who is skillful, reliable, ethical, and trustworthy.

Buying Your First Car - Tips for Teens

By:: MortgageLoan.com - MortgageLoan.com | Sun, 05/06/2007

In the life of a teenager, there's nothing quite as sweet as getting a driver's license. But there's also nothing quite as sour as learning how difficult and costly buying a car can be.

Sidestep Costly Option ARMS with a Mortgage Refinance

By:: MortgageLoan.com - MortgageLoan.com | Sat, 05/05/2007

Option ARMs offer unique ways to minimize monthly payments in the beginning of a loan. But many of these mortgages can become so costly, they push homeowners into financial crisis. You can avoid the inherent problems of Option ARMs by refinancing into a less risky mortgage.

CDs: Maximize Your Asset Allocation Impact

By:: MortgageLoan.com - MortgageLoan.com | Thu, 05/03/2007

Asset allocation makes a huge difference when planning for retirement. A well-diversified portfolio can help you minimize risk and take advantage of the ups and downs of the stock market.

The Dangers of 0 Percent Credit Cards

By:: MortgageLoan.com - MortgageLoan.com | Wed, 05/02/2007

Zero percent balance transfer deals offered by credit card companies can be a great for people who monitor their finances closely. But if you don't fall into that rare minority, you could wind up spending more than you save.

Student Loans: Who Can you Trust?

By:: MortgageLoan.com - MortgageLoan.com | Tue, 05/01/2007

If you're a parent or student plotting a strategy to pay college tuition, add one more worry to your list. Recent reports indicate that there have been unethical arrangements quietly occurring between lenders and universities. The unfortunate news has college families asking, "Who can you trust?"

Finding a Tax Service: Now is the Perfect Time

By:: MortgageLoan.com - MortgageLoan.com | Mon, 04/30/2007

When April 16th rolls around, the last thing you want to think about are taxes. But the truth is that the weeks following April 15th are the ideal time to think about how you're going to handle your taxes next year, particularly if you're looking for a new tax service.

Bankruptcy Survivors: Four Tips for Car Loan Approval

By:: MortgageLoan.com - MortgageLoan.com | Sun, 04/29/2007

Picking up the pieces after a bankruptcy is no easy task. One way that you can help rebuild your credit history is to get approved for a car loan. It can be the first step back to financial health.

Debt Settlement Overview

By:: MortgageLoan.com - MortgageLoan.com | Sat, 04/28/2007

If you're unable to pay your bills, consider debt settlement. This entails negotiating a deal with your creditors to pay a part of the debt. In return, they'd wipe your slate clean of the remaining balance owed.

Remodel for Your Future with a Home Equity Loan

By:: MortgageLoan.com - MortgageLoan.com | Fri, 04/27/2007

Healthy living and innovations in healthcare are enabling Americans to live longer than ever before. By 2010, one in three of us will be over 50. Therefore, forward-thinking homeowners would be wise to revamp their environments to take advantage of new home ideas for easier senior living.

Energy Efficient Mortgage (EEM) Refinancing

By:: MortgageLoan.com - MortgageLoan.com | Thu, 04/26/2007

Did you know that the federal government can help you make energy improvements to your home? If you've considered remodeling, take the time to learn more about the FHA's Energy Efficient Mortgage (EEM) Program. You might qualify for a higher loan amount to fund energy improvements that will lower your living expenses.

Compare Credit Cards to Find the Right One

By:: MortgageLoan.com - MortgageLoan.com | Wed, 04/25/2007

A strategic approach to credit card shopping yields fruitful results; You will save money on interest, and avoid miscellaneous fees. As a result, you'll easily make your payments and remain in good standing with your credit provider. Here are some tips on comparing credit cards so that you can find the best one for your needs.

First Aid for Struggling Homeowners: Ask Your Lender for Help!

By:: MortgageLoan.com - MortgageLoan.com | Tue, 04/24/2007

One of the biggest misconceptions about mortgages is that if you have difficulty making your payment, the last place to turn for help is your lender. In reality, they usually offer the best opportunities for assistance, especially for homeowners who don't wait until the last minute.

Six Smart Tips for CD Investors

By:: MortgageLoan.com - MortgageLoan.com | Mon, 04/23/2007

A certificate of deposit is known by its initials-CD. But like any financial tool, these initials can spell trouble if you don't understand how the product works. Here are six smart tips to help you learn the ABCs of CDs.

How to Finance a Used Car

By:: MortgageLoan.com - MortgageLoan.com | Fri, 04/20/2007

Auto owners love the smell of a new car. But those who buy used are willing to forego the distinct aroma in exchange for a lower purchase price on a vehicle. If you choose this route, pay close attention to your financing. Otherwise, the money you saved buying used could speed right out the window.

Shopping for a personal loan online

By:: MortgageLoan.com - MortgageLoan.com | Thu, 04/19/2007

The old adage, "Seek and ye shall find," has been updated to the post-modern, "Search and you shall find it on the Internet." There are great deals for consumers-particularly those who are looking for personal loans.

Top Five "Must Do's" for Home Equity Loans

By:: MortgageLoan.com - MortgageLoan.com | Wed, 04/18/2007

Home equity loans are a wonderful source of available cash or credit, especially if your property has appreciated in value. But before you tap your equity, explore your options to get a good understanding of how various home equity loans work, and how each differs from the other.

Six Common Refinancing Mistakes

By:: MortgageLoan.com - MortgageLoan.com | Tue, 04/17/2007

Consumers who refinance their mortgages often pay too much, borrow more than necessary, or refinance when it serves no real purpose. Here are some tips to help you avoid costly mistakes that might otherwise offset the benefits of your refinance strategy.

College Graduates: Debt Management 101

By:: Catherine Brock - MortgageLoan.com | Mon, 04/16/2007

If the real world has you feeling pressured to make ends meet, you're not alone. The average college graduate has approximately $2,000 of credit card debt and almost $20,000 of student debt. Learn how to break free of the debt burden that hounds more and more of today's college grads.

Debt Consolidation: Too Much of a Good Thing?

By:: Catherine Brock - MortgageLoan.com | Sun, 04/15/2007

When you're strapped for cash, debt consolidation may sound as refreshing as an iced cold glass of water on a hot day. The irony is that debt consolidation loans require you to take on more debt, the very thing you already have too much of.

Used Cars Certification: Is it or Isn't It?

By:: MortgageLoan.com - MortgageLoan.com | Sat, 04/14/2007

A used car certification is designed to give buyers some degree of confidence that they aren't purchasing a lemon. Lack of standardization among certification programs, however, opens the door for misunderstandings and buyer disappointment.

Earning Money from Your Home's Equity

By:: MortgageLoan.com - MortgageLoan.com | Fri, 04/13/2007

Say the words "home equity loan" out loud, and most people think "another monthly payment." But home equity can also equal megabucks if used as an investment tool. It's true: The equity from your home can be the working capital you need to initiate a slew of investment options.

Refinance your Mobile Home Loan

By:: Catherine Brock - MortgageLoan.com | Thu, 04/12/2007

As a mobile home owner, you pay interest and build equity just as a traditional mortgage borrower does. Even if your mobile home isn't financed with a mortgage, you can still use a refinance to move closer to your financial goals.

The Best Ways to Reduce Your Taxes

By:: MortgageLoan.com - MortgageLoan.com | Wed, 04/11/2007

You may be paying higher taxes than you need to. Find out how to use the system to your advantage, and keep Uncle Sam out of your pocketbook.

Cure Your Credit Card Addiction

By:: MortgageLoan.com - MortgageLoan.com | Tue, 04/10/2007

Credit cards help you buy lots of stuff-and then, even more stuff. Fortunately, there are a few simple ways out of this charge card mania.

Four Priceless College Financing Tips

By:: MortgageLoan.com - MortgageLoan.com | Mon, 04/09/2007

With tuition expenses going up in leaps and bounds, paying for a higher education is becoming an increasingly steep burden. More often than not, the balance in the college savings account isn't enough to cover tuition and four years of living expenses. Student borrowers and their parents can benefit greatly by some preliminary education on college financing.

Top Four Tax Filing Mistakes

By:: MortgageLoan.com - MortgageLoan.com | Sun, 04/08/2007

Any procedure as complicated as tax reporting is going to be subject to a multitude of common errors. Unfortunately, tax return missteps can cause unnecessary stress and set you back financially. Avoid both by learning from the most common taxpayer mistakes.

Savings Tips: Explore Certificates of Deposit

By:: MortgageLoan.com - MortgageLoan.com | Sat, 04/07/2007

In the music world, CDs (compact discs) are becoming a thing of the past, thanks to downloadable music. In the financial world, CDs (certificates of deposit) are still a reliable tool that will always be stylish.

The Art of the Budget

By:: MortgageLoan.com - MortgageLoan.com | Fri, 04/06/2007

Budgeting is like art. Both require discipline and perseverance, and both can yield a beautiful end product. The difference is that you don't need talent for good budgeting; you only need determination and a few simple tips.

Getting a Great Home Equity Loan Rate

By:: MortgageLoan.com - MortgageLoan.com | Thu, 04/05/2007

A home equity line of credit (HELOC) allows you to borrow a percentage of your home's equity value and receive the funds in increments. The key to success with a HELOC is to secure a competitive rate, and shopping around ahead of time is essential.

Are Postage Stamps Better than High Yield Money Market Accounts?

By:: MortgageLoan.com - MortgageLoan.com | Wed, 04/04/2007

You can lock in today's prices for postage for eternity. Is it a solid investment, or another tulip-bulb craze?

Bad Credit Debt Consolidation Loans

By:: Catherine Brock - MortgageLoan.com | Tue, 04/03/2007

Finding reliable information on debt consolidation loans for borrowers with spotty credit is challenging. You're presented with so many advertising promises that you might be unsure of what's possible or how to proceed.

Choosing the Right High-Yield Savings for Your Needs

By:: MortgageLoan.com - MortgageLoan.com | Mon, 04/02/2007

Whether you're saving for a rainy day or a two-month tour of Europe, it's important to choose savings instruments that meet your needs. Fortunately, there are options out there that can help you stash your cash and earn a competitive yield.

Bad Credit Auto Loans

By:: MortgageLoan.com - MortgageLoan.com | Sun, 04/01/2007

People who have bad credit are often taken for a ride by unscrupulous auto loan providers. The most common tactics, including inflating the interest rate and extending the repayment term, can have a person spinning his wheels instead of driving home into debt-free living.

Saving Students from Debt

By:: MortgageLoan.com - MortgageLoan.com | Sat, 03/31/2007

Recent developments at America's top colleges and universities indicate that there's a new school of thought when it comes to helping students pay for higher education. Today, funds are being rewarded less on academic merit and more on financial need.

Which Refinance Mortgage Loan is Right for You?

By:: MortgageLoan.com - MortgageLoan.com | Fri, 03/30/2007

Considering a mortgage refinance? Prepare yourself for an informed decision by knowing when to choose a fixed-rate mortgage and when to choose its adjustable-rate counterpart.

The Dos and Don'ts of Home Equity Loans

By:: MortgageLoan.com - MortgageLoan.com | Thu, 03/29/2007

There are right ways and wrong ways to approach every financial transaction. When it comes to home equity lines of credit (HELOC) and home equity loans, doing things the right way can result in significant short and long-term savings.

Shopping for a Certificate of Deposit

By:: MortgageLoan.com - MortgageLoan.com | Wed, 03/28/2007

Certificates of deposit (CDs) offer healthy yields at virtually no risk-an ideal combination for many investors. While the CD concept sounds like a no-brainer, choosing the right option among many requires discipline and organization.

Lousy Housing Market? Don't Sell…Refinance!

By:: MortgageLoan.com - MortgageLoan.com | Tue, 03/27/2007

Many homeowners feel stuck between a rock and a hard place now that buyers control the reins of the real estate market. Selling into a falling market is risky; but you can avoid that fate by using a creative mortgage refinance strategy to relieve the pressure.

One Closing, Two Home Mortgage Loans

By:: Catherine Brock - MortgageLoan.com | Mon, 03/26/2007

Loan closings aren't fun-so why suffer through them more often than necessary? If you're in the process of closing a home mortgage loan, consider simultaneously obtaining a home equity line of credit (HELOC) from the same lender.

Debt Consolidation Traps

By:: Catherine Brock - MortgageLoan.com | Sun, 03/25/2007

When you have too much debt, it's easy to believe that a debt consolidation strategy can free you of your burden. Despite overly optimistic advertisements, however, it often doesn't work out that way. Debt consolidation can be loaded with hazards…so be smart when seeking out a solution to your credit problems.

Personal Finance: Creating an Emergency Fund

By:: Catherine Brock - MortgageLoan.com | Sat, 03/24/2007

The tried-and-true advice of financial professionals is to build and maintain an emergency cash fund. It can be discouraging, however, to keep your hard-earned money in a low-rate account. That's why a certificate of deposit (CD) can be an excellent tool for the disciplined investor. CDs offer higher rates than traditional savings accounts, as well as protection against that sudden compulsion to spend.

Family Car Values: Finding the Perfect Wheels

By:: Catherine Brock - MortgageLoan.com | Fri, 03/23/2007

Choosing the perfect vehicle for your family isn't easy. Prepare yourself by taking a quick inventory of automobile safety ratings online and select the features that will best protect your children.

Tips for Buying a Second Home

By:: Tom Kerr - MortgageLoan.com | Thu, 03/22/2007

If you've been dreaming of a second home, 2007 may be the year to make that dream come true. When the real estate bubble burst, the hardest hit sector was the second home market. Prices are still falling, making a second home purchase through a home equity loan a wise and attractive option.

A Safe Investment Plan: Create a CD Ladder

By:: MortgageLoan.com - MortgageLoan.com | Wed, 03/21/2007

Safe investments that provide reasonable returns are few and far between. Basic savings accounts earn only pennies on the dollar, and the stock market is a gamble, even if you do the research. If you're seeking a middle ground, consider laddering certificates of deposits (CDs) as a safer investment strategy.

Become a Source for Better Mortgage Marketing

By:: Catherine Brock - MortgageLoan.com | Sun, 03/18/2007

In today's competitive marketplace, it's very difficult to distinguish yourself from other brokers and attract new clients. By making yourself a trustworthy source of information, you'll enhance the service you provide, and set yourself apart from the pack.

Five Helpful Tips for Debt Management

By:: Greg Mischio - MortgageLoan.com | Fri, 03/16/2007

You deserve a high five if you want to get your debts under control. Here are five debt management tips to help you achieve your goals.

Know Your Home Mortgage

By:: Greg Mischio - MortgageLoan.com | Wed, 03/14/2007

When it comes to shopping, we're a society that sweats the small stuff. We'll surf the Internet, and drive across town to research blenders, HDTVs, and video games, ad nauseum. However, when the product is a home mortgage (the biggest purchase most people will ever make), the majority of consumers are flying blind.

Choosing a Credit Counseling Service

By:: Catherine Brock - MortgageLoan.com | Tue, 03/13/2007

Struggling under a debt burden is oppressive. To make matters worse, some of the businesses offering credit counseling are more interested in earning fees than helping you improve your situation. Protect yourself by knowing how to pick a reputable credit counseling agency.

Debt Management for Couples

By:: Catherine Brock - MortgageLoan.com | Mon, 03/12/2007

Financial compatibility is not a given in committed relationships. If you haven't yet done so, it's time to address your household debt openly with your spouse, and work together towards a solid financial future.

Refinancing Your Mortgage? Know the lingo

By:: Greg Mischio - MortgageLoan.com | Sun, 03/11/2007

When in Rome, do as the Romans do. And when you're shopping for a mortgage refinance, it's financially prudent to know what your loan officer knows-or at least have an inkling of what he's talking about. Understanding the ABCs of mortgage terminology is one way to improve your product knowledge and help you negotiate a better deal.

Don't Take Advantage of Your Second Mortgage

By:: Greg Mischio - MortgageLoan.com | Sat, 03/10/2007

There are consumers who believe that home equity is the same as cash in a mattress. They think that the equity will always be there, ready whenever they need it. But people who treat home equity like a savings account are in for a rude awakening.

Clients Wanted: Mortgage Marketing Tips for Lenders

By:: MortgageLoan.com - MortgageLoan.com | Fri, 03/09/2007

Consumers typically know how to locate lenders when seeking a loan, but it's more challenging for lenders seeking consumers. The following basic tips will help you, as a lender, to develop a marketing strategy to attract new clients.

Mortgage Refinancing for the Self-Employed

By:: Greg Mischio - MortgageLoan.com | Thu, 03/08/2007

Being your own boss can be both a highly frustrating and very rewarding experience. The process of getting a mortgage when you're self-employed serves as a perfect example. It may be difficult to qualify for a home equity loan, first mortgage, or mortgage refinance. However, there are some significant benefits.

First Aid for Monthly Mortgage Payment Blues

By:: Greg Mischio - MortgageLoan.com | Wed, 03/07/2007

Are your finances flat-lining when your monthly mortgage payment comes due? Don't panic. While a lender could foreclose on your property, there are alternatives that can help to resuscitate both you and your finances.

Getting the most from your leads

By:: Greg Mischio - MortgageLoan.com | Tue, 03/06/2007

Leads are like plants. With enough nurturing, they can grow into something beautiful. If you're a mortgage loan officer, this "nurturing" translates into specific tactics that will have your leads ripening to yield plenty of delicious fruits.

Timing the Home Mortgage Market

By:: Greg Mischio - MortgageLoan.com | Tue, 03/06/2007

Homeowners are caught in a cross-fire when it comes to the current mortgage market. Expert A says the market looks good, while expert B quotes the words of Chicken Little and tells us that the sky-or at least the price of a house- is falling. You should go with expert C-yourself-when it comes to making a home mortgage or mortgage refinance decision.

Bad Credit Mortgages: Understanding the FICO Score

By:: Catherine Brock - MortgageLoan.com | Tue, 03/06/2007

Are you in the market for a mortgage loan but worried about your credit? Give yourself an edge before you start shopping by knowing more about the FICO score.

Cash in on the Refinancing Boom

By:: Tom Kerr - MortgageLoan.com | Tue, 03/06/2007

As we enter 2007, homeowners are refinancing their mortgages at the fastest pace in almost two years. For some, it represents a wise financial move. But there are several factors to consider before deciding if a mortgage refinance makes sense to you.

Debt Management: Understanding the Roots of Debt

By:: MortgageLoan.com - MortgageLoan.com | Tue, 03/06/2007

If you find yourself creating a mountain of debt, a debt consolidation loan in the form of a home equity loan or mortgage refinance may only be a temporary fix. It may be time for you to understand how people approach money from a psychological angle. By deciphering human behavior towards spending, you might improve your debt management ability.

Don't Get Trapped by Home Equity Loan Pitfalls

By:: Greg Mischio - MortgageLoan.com | Mon, 03/05/2007

Have you ever noticed how people "in the know" also happen to be "in the dough?" The wealthiest people often make smart investment decisions based on informed opinions. You can do the same when it comes to debt, especially with home equity loans.

Refinancing: Debts and Taxes

By:: MortgageLoan.com - MortgageLoan.com | Thu, 03/01/2007

Have you recently done a mortgage refinance? Whether you borrowed to pull out equity or to access lower refinance rates, you've moved one step closer to accomplishing your financial goals. As tax season rolls around, it's important to keep that positive momentum going by understanding refinance-related tax deductions.

Finding a Bad Credit Mortgage Broker

By:: Tom Kerr - MortgageLoan.com | Wed, 02/28/2007

Bad credit can become an impediment to fulfilling your dreams of home ownership. There are, however, solutions in the form of "bad credit mortgages." Locate a mortgage broker who specializes in these particular loans. They can do the research, uncover options and resources, and help you explore bad credit mortgage alternatives.

Disadvantages of Second Mortgages

By:: Greg Mischio - MortgageLoan.com | Tue, 02/27/2007

The yin and yang of second mortgages tells us that every advantage will have a complementary disadvantage. These are wise words, because while these loans have plenty of benefits, there could be a number of pitfalls.

The Basics of the Mortgage Market

By:: Tom Kerr - MortgageLoan.com | Sun, 02/25/2007

Before shopping for a mortgage, it's important to know how the industry is organized. Here are some helpful tips to demystify that world.

HELOC Shopping Spree

By:: MortgageLoan.com - MortgageLoan.com | Sat, 02/24/2007

Shopping for tomatoes? You generally know to avoid the ones that are overripe, exceptionally bruised, or incredibly moldy. Shopping for a home equity line of credit (HELOC) can be just as simple, provided that you know what to look for.

The ABCs of Debt Consolidation Loans

By:: MortgageLoan.com - MortgageLoan.com | Fri, 02/23/2007

At the beginning of each year we make resolutions to reach new goals. One satisfying resolution is to improve your financial life by getting out of debt. One of the simplest and most productive ways to do that is to replace burdensome borrowing with a convenient and cost effective debt consolidation loan.

Down Payment Problems? Try a Second Mortgage

By:: MortgageLoan.com - MortgageLoan.com | Thu, 02/22/2007

A piggyback ride helps kids get from point A to B. A piggyback mortgage can help homeowners get around Private Mortgage Insurance-but only if the loan makes sense.

"Fix and Flip" Refinancing

By:: Greg Mischio - MortgageLoan.com | Wed, 02/21/2007

If you're trying to make money by using the "Fix and Flip" real estate investment strategy, don't let the recent rise in mortgage rates bring you down. Since the real estate market has slowed to a crawl in many parts of the country, the "fast cash" from "fix and flip" might not be readily available. But with a cautious approach, there's still money to be made.

Tips to Reduce Monthly Mortgage Payment

By:: Greg Mischio - MortgageLoan.com | Tue, 02/20/2007

Do you fear the end of the month, when the bills roll in and stretch your budget to its breaking point? If you're feeling a cash crunch, consider these tips for lowering your monthly payments with a mortgage refinance.

Say Goodbye to Credit Cards with Debt Consolidation

By:: MortgageLoan.com - MortgageLoan.com | Mon, 02/19/2007

Today's consumers are the equivalent of shoppers gone wild, having accumulated an enormous amount of credit card debt. However, this plastic pile-up can be reduced with a whole lot of discipline, and debt consolidation through a home equity loan or mortgage refinance.

Understanding Your Credit Report

By:: Greg Mischio - MortgageLoan.com | Sun, 02/18/2007

In the eyes of a mortgage lender, no two borrowers are created equal. Lenders tend to offer better mortgage rates to people with clean credit reports. That's why it pays to understand your report and learn how to improve it.

Good Timing: Buy Real Estate Now

By:: Tom Kerr - MortgageLoan.com | Sat, 02/17/2007

The lucky number for people waiting for the real estate market to stabilize may be 17. After 17 rate increases, it now appears that the Federal Reserve Board has taken a breather. As a result, rates have stopped climbing, and the housing and home mortgage markets are looking good.

Found Money: Buy a New Auto with a Cash-Out Refinance

By:: Greg Mischio - MortgageLoan.com | Fri, 02/16/2007

If you're living in a home with a vast amount of equity, you may be sitting on the ideal source of financing for replacing the old clunker sitting in your garage. A cash-out mortgage refinance might be just what you need to purchase a new car.

Mortgage Broker or Banker: What's the difference?

By:: MortgageLoan.com - MortgageLoan.com | Thu, 02/15/2007

Products are sold to consumers in many ways: Some directly through retail outlets like storefronts or the Internet, others indirectly through wholesalers who peddle their wares. Mortgages are no different, with distribution taking place through either mortgage brokers or bankers.

Baby boomers and second homes

By:: Greg Mischio - MortgageLoan.com | Tue, 02/13/2007

Baby boomers grab more headlines than Brangelina or TomKat. Because of their sheer numbers, their buying decisions are heavily scrutinized by researchers and the media. One of the hot topics is their effect on the housing market, particularly in regards to financing second homes.

Refinancing: A Potentially Healthy Addiction

By:: Tom Kerr - MortgageLoan.com | Tue, 02/13/2007

Refinancing mortgage loans is the most popular way to generate quick and easy cash. As interest rates change, homeowners can use strategic mortgage refinance plans to save more money. There are pitfalls, but if you use home equity loans wisely, you'll reap substantial rewards.

Cover Yourself with a Blanket Loan

By:: Catherine Brock - MortgageLoan.com | Mon, 02/12/2007

Financial institutions recognize that traditional mortgages don't serve the needs of all borrowers. One alternative offered is the blanket loan, a cousin to the traditional mortgage, which has both business and individual applications.

Reducing the Cost of Home Improvement

By:: Tom Kerr - MortgageLoan.com | Mon, 02/12/2007

Americans will spend approximately $2 billion in home improvements in 2007, to add features, space, and equity. How they plan and finance their projects will determine whether they generate positive net worth or unnecessary debt. A good home equity loan or home equity line of credit (HELOC) may be the key to success.

Good Debt Management: Financial Mistakes to Avoid

By:: Anders Bylund - MortgageLoan.com | Sun, 02/11/2007

There are a few common pitfalls on the road to financial health. Learn to recognize them so you can get back to the business of good debt management

Creating a Marketing Message

By:: Maria Esposito - MortgageLoan.com | Sat, 02/10/2007

If you had a magic genie who could grant you three wishes, one of them would probably be to find a real estate marketing idea that would consistently turn leads into customers. Don't waste time dreaming of a genie-spend your efforts conceiving an effective marketing message.

Real Estate Marketing: Creating a Brand

By:: Catherine Brock - MortgageLoan.com | Fri, 02/09/2007

Of all the real estate marketing strategies out there, a solid branding program is one of the best long-term investments you can make. The ultimate benefit of effective branding is top-of-mind awareness among your target customers-when they need a real estate agent, they'll think of you first.

Finding the Best Home Improvement Loan

By:: Catherine Brock - MortgageLoan.com | Thu, 02/08/2007

After much thought, you've decided to go ahead with that home improvement project. Your next step is to obtain the financing. Get ready to learn the basics and your funding search will be as efficient as possible.

Remodeling with Home Equity Loans: The Advantages

By:: Maria Esposito - MortgageLoan.com | Wed, 02/07/2007

Many homeowners remodel to add space or enhance conveniences. But remodeling also increases the value of your home. Home improvements can come with big price tags, which means that you'll likely need financing. A home equity loan is a good way to pay for any size home improvement project.

Using Realtors for Marketing Leads

By:: MortgageLoan.com - MortgageLoan.com | Tue, 02/06/2007

Creating innovative mortgage marketing ideas is an important part of a loan originator's job. Knowing which mortgage marketing tools to use to tap into the homebuyers' market can create many profitable selling opportunities. One of the most useful tools that loan originators have is their local realtor.

Three New Mortgage Marketing Ideas

By:: Catherine Brock - MortgageLoan.com | Fri, 02/02/2007

It's a competitive world out there for lenders, and old-fashioned, shotgun marketing techniques are becoming less and less effective. What you really need are mortgage marketing tips that help you spend less time with low-probability cold calling, and more time closing new business.

The Right Time to Tap Home Equity

By:: Anders Bylund - MortgageLoan.com | Fri, 02/02/2007

How do you know when to take a home equity loan or a home equity line of credit (HELOC)? It all depends on your plans for the money.

The Ultimate Lender Market: Tapping Into the Web

By:: Jason Giacchino - MortgageLoan.com | Thu, 02/01/2007

The Internet is a vast resource of limitless information and a wonderfully affordable means of attracting customers.

Home Equity Loans and Second Mortgages: Is there a difference?

By:: MortgageLoan.com - MortgageLoan.com | Wed, 01/31/2007

The home mortgage vocabulary can be very complicated, and we didn't learn it in grade school. Two types of loans that cause a great deal of confusion are the home equity loan and the second mortgage. In reality, they basically mean the same thing.

Dropping Mortgage Rates Spur Refinance Fever

By:: MortgageLoan.com - MortgageLoan.com | Tue, 01/30/2007

After a series of 17 rate increases, the Federal Reserve has been holding steady. As a result, mortgage rates have begun to fall. Those who wanted to refinance their mortgages for extra cash, or to opt out of adjustable rate mortgages, but hesitated because mortgage rates kept rising, now have a rare window of opportunity.

Is it Time to Refinance?

By:: Catherine Brock - MortgageLoan.com | Mon, 01/29/2007

Whether it's the right time to refinance your home mortgage depends on a few specific factors, and a hefty amount of your own good judgment. While there's no formula or spreadsheet that will tell you what to do, the following article provides a framework to make your decision-making process easy and efficient.

Designed to Sell: Home Improvements Ease the Burden

By:: Catherine Brock - MortgageLoan.com | Fri, 01/26/2007

Experts are predicting that the housing market will be slow in 2007, with certain areas of the country feeling the impact more sharply than others. As more sellers compete for the attention of fewer buyers, homes will take longer to sell and prices will dip. If you have plans to sell, riding out the housing slump without taking action could cost you time and money.

Creating a Debt Management Plan

By:: Anders Bylund - MortgageLoan.com | Thu, 01/25/2007

There are ways to work your way out of seemingly unmanageable debt loads. Analyze, understand, and then fix your problems in a few simple steps.

Manufactured Home Buying: Four Essential Financing Tips

By:: Catherine Brock - MortgageLoan.com | Wed, 01/24/2007

Shaking off the trailer park jokes, manufactured homes are gaining acceptance as a low budget route to home ownership. Now more than ever, it's important to know the basics of financing manufactured homes.

Refinancing Tips for a Smooth Closing

By:: Anders Bylund - MortgageLoan.com | Tue, 01/23/2007

There are a few things you can do to ensure that closing day for a mortgage refinance will be free of nasty surprises. Prepare as early as you can, and get assistance.

Refinancing For Veterans

By:: Maria Esposito - MortgageLoan.com | Mon, 01/22/2007

There are 29 million veterans and active duty personnel who have served, or are currently serving, their country. To thank these men and women for their sacrifices, the Veteran's Administration (VA) offers a home loan guarantee program to help them purchase or refinance a home.

Protect Yourself From Home Equity Loan Scams

By:: Jan Lindsey - MortgageLoan.com | Sun, 01/21/2007

Anytime you take a home equity loan, you're increasing the risk that you'll lose what's most likely your biggest asset: your home. That's because there are unscrupulous lenders who are more than willing for you to lose your shirt and the house in which every one of them is hung. But there are things you can do to help protect yourself-and your home.

The Annual Mortgage Check-up

By:: Catherine Brock - MortgageLoan.com | Fri, 01/19/2007

As the year comes to a close, it makes sense to re-assess your finances and make sure that you're on track for the future. An important step in this process is examining your mortgage to ensure that you're still getting the best deal possible.

Year-end Mortgage Tax Tips

By:: Anders Bylund - MortgageLoan.com | Tue, 01/16/2007

Get your mortgage ducks in a row now, so that you can enjoy those juicy mortgage-related tax deductions in the spring.

Finding a Bad Credit Loan

By:: Jason Giacchino - MortgageLoan.com | Mon, 01/15/2007

Credit mishaps can lead to a low FICO score, which may limit your ability to find a mortgage lender. But don't despair-sub-prime lenders often accept a score as low as 500 for bad credit mortgages. Here are some tips on finding the right lender.

Home Equity Loans: Just the Facts

By:: Catherine Brock - MortgageLoan.com | Sun, 01/14/2007

If you're planning to fund an upcoming project with your home's equity, don't jump in without knowing the facts. Understanding the key differences between HELOC's and home equity loans makes for more effective decisions.

Down and Dirty: Questions to Ask a Mortgage Lender

By:: Tom Kerr - MortgageLoan.com | Sat, 01/13/2007

We're usually so focused on what our lenders will ask us that we may forget that the lending interview is a two-way conversation. As consumers, we can benefit by turning the tables on our mortgage lenders by asking them a few insightful questions, to ensure that we get the service and terms we desire.

Bad Credit Mortgages with No Down Payment

By:: Tom Kerr - MortgageLoan.com | Fri, 01/12/2007

Bad credit is no fun, especially when you're applying for a home mortgage. Fortunately, there are lenders who specialize in bad credit mortgages. By working with these lenders to accomplish debt management, you can turn the tide of bad credit history.

Mortgage Elimination Schemes and Scams

By:: Tom Kerr - MortgageLoan.com | Thu, 01/11/2007

We all want to eliminate our mortgage payments. If you're desperate to find a way out of your debts, you'll be even more susceptible to mortgage scam artists. Instead of falling for fraud, and being taken advantage of, consider taking advantage of a debt consolidation loan or a bad credit mortgage.

Get Smart: Intelligent Ways to Use a Home Equity Loan

By:: Catherine Brock - MortgageLoan.com | Wed, 01/10/2007

Do you have a big expense on the horizon? Are you thinking of tapping into your home equity to generate the necessary funding? A home equity loan can be an appealing mortgage instrument, but only if you know the right ways to use it.

Home Loans for Veterans

By:: Catherine Brock - MortgageLoan.com | Tue, 01/09/2007

The Department of Veterans Affairs (VA) manages several programs to assist our servicemen and women as they transition back to a normal life after their service. One of these is the Home Loan Guaranty Program, which helps veterans obtain competitively priced mortgage loans.

Four Good Reasons to Refinance your Home

By:: Jan Lindsey - MortgageLoan.com | Mon, 01/08/2007

Refinancing can help reduce your monthly mortgage payment, stabilize your interest rate, put cash in your pocket, or help make other debt more manageable. It requires effort, but if a refinance mortgage helps meet your goals, it can be time very well spent.

Financing For A Mobile Home

By:: Maria Esposito - MortgageLoan.com | Sat, 01/06/2007

If you've dreamed about owning a home but can't afford one, consider a mobile home. Use the following tips to purchase an alternative to an expensive house.

Five Strategies to Get Out of Debt

By:: Catherine Brock - MortgageLoan.com | Fri, 01/05/2007

The weight of excessive debt can be stifling on your monthly cash flow and your long-term financial outlook. Start working towards a debt-free future today by learning more about debt negotiation and consolidation strategies.

The Best Way to Finance Home Improvements

By:: MortgageLoan.com - MortgageLoan.com | Thu, 01/04/2007

Don't despair over costly home improvement projects-the financing you need is closer than you think with home improvement loans.

The Home Loan Buzz on Accelerator Mortgages

By:: Tom Kerr - MortgageLoan.com | Wed, 01/03/2007

Homeowners love to discover innovative methods to borrow money and expand equity. Now, a new home loan repayment idea born in the UK has arrived in the U.S. The so-called "mortgage accelerator" uses home equity loans to pay off mortgages and generate additional equity.

Commercial Mortgage Marketing Tips

By:: Greg Mischio - MortgageLoan.com | Mon, 01/01/2007

Charles Darwin formed his theory of evolution after visiting the Galapagos Islands. In today's day and age, Darwin could have saved himself the boat ride and just taken a look at commercial mortgage marketing. Why? Because as interest rates climb, only the commercial mortgage lenders who can adapt to their new environment will survive.

Direct Mortgage Marketing Tips

By:: Catherine Brock - MortgageLoan.com | Mon, 01/01/2007

Although direct mortgage marketing studies indicate that 80 percent of all sales are made after the fifth contact has been made, there's no doubt that the most important connection is the first one. First impressions apply to mortgage brokers in business as it does to anyone else in day-to-day living. Therein lies the importance of knowing the essential tips for marketing mortgages via direct mail.

Upgrade Your Investment Properties With a Mortgage Refinance

By:: Anders Bylund - MortgageLoan.com | Mon, 01/01/2007

As a real estate investor, you should look for the best ways to unlock the value of your investments. The key to increasing your revenues is upgrading. You can find the funds to do this with a mortgage refinance.

Reverse Mortgage Marketing Tips

By:: MortgageLoan.com - MortgageLoan.com | Mon, 01/01/2007

The keys to successful reverse mortgage marketing are finding your audience and making an appealing pitch. Your audience, the senior population, faces a distinctive set of pressures that governs their daily decision making. Recognizing and addressing these pressures is an essential step in building your reverse mortgage business.

Subprime Mortgage Marketing Tips

By:: MortgageLoan.com - MortgageLoan.com | Mon, 01/01/2007

Thirteen is an unlucky number for the subprime mortgage market. This market reached a level of 13.5 percent of overall mortgages in 2006, according to the Mortgage Brokers Association. Unfortunately, its delinquency rate jumped to 13 percent by the end of that same year. This has led to an increasingly competitive environment in which only the smartest marketers will survive.