Mortgage Licensing Update The activity in the states continues to rise. Numerous states are considering legislation to curb the foreclosure crisis. Nothing of course can stop it at this point, but the states seem to feel that increased regulation of mortgage companies will at least help the situation. Mortgage Licensing …
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Mortgage Insurance Lead Companies Mortgage lead companies are responsible for generating mortgage leads and providing them to mortgage selling companies. Leads are nothing but queries from people who wish to obtain mortgages. Mortgage selling companies are always on the lookout for good leads from mortgage lead companies. Mortgage lead companies …
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Mortgage Payment Behind If you have an FHA loan, your mortgage insurance may be an option for bringing payments current. Contact your lender to learn if you are eligible for a payment from this fund. You will need to learn about the prevailing requirements in your state. It is also …
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There are so many mortgage variations and these can confuse both consumers and professionals when they want to choose a mortgage service. The mortgage industry is in flux as interest rates fluctuate and rules that govern the market change on a daily basis. The rules change so often that you …
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If you won the lottery tomorrow would you pay off your mortgage? Most people would. After all, isn’t it “The Canadian Dream” to own your own home – and own it outright with no mortgage payment or lien encumbering the deed to your property? Can you imagine how much more …
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Home Mortgage Eligibility Determining Qualification Knowing how much house one can afford is a critical question for prospective homeowners. Many interested buyers have no idea what size home mortgage they qualify for, so they end up trying to take out the largest loan a broker or lender will approve. This …
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What is a Commercial Mortgage? A commercial mortgage is similar in principle to a residential mortgage except it is used to purchase a property or to raise capital for commercial purposes rather than domestic purposes. As with residential mortgages, the lender retains rights to the property until the loan is …
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Why the Bank Will Not Modify Your Mortgage We cannot understand the present unless we understand the past. To understand today’s banking and real estate crisis you have to go back to the last banking crisis. The savings and loan crisis of the late 1980s resulted in a new banking …
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Mortgage Insurance Calculators Mortgage insurance calculators are used to calculate different aspects relating to mortgage insurance. They can calculate the length of time for which a person will have to keep making insurance payments on his or her mortgage. This period is displayed in a number of months. Mortgage companies …
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Banking Group Launches New Mortgage Scheme First-time buyers are finding themselves in a predicament with falling house prices as the housing market becomes more affordable. Expert opinion is they are being squeezed out of home ownership by the very large deposit they are required to have in order to secure …
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