Mortgage News Blog

No Doc Mortgages

2008-11-06T12:22:00.001-08:00

Are you looking for a mortgage and you know proving your income is going to be a problem? There are programs that are designed specifically for those that have trouble proving their full income. They are called no doc mortgages or stated income mortgages. Here are the situations that are perfect for no doc mortgages. If you are a self employed individual, then you are exactly the type of person

No Doc Refinancing - What Is No Doc Refinancing?

2008-11-06T12:20:00.000-08:00

Do you struggle to show your full income on your taxes? Do you own your own business or work as an independant contractor for a living? If this sounds like you, then you probably already know how hard it can be to get the mortgage you need. Refinancing can be just as difficult and that is why the no doc refinancing programs have become so popular. With there being an ever growing number of

No Documentation Loans - The Option For Independent Contractors And The Self Employed

2008-11-06T12:19:00.000-08:00

Are you self employed, an independent contractor, or a tipped employee? If so, then you know how difficult it can be to find a loan or a mortgage. When you cannot prove your income it becomes very difficult to get a good mortgage, but there is a solution and it is called no documentation loans. Here are the situations to use a no doc loan in. If you are self employed and you do not claim all of

No Income Verification 95% Mortgage Loan

2008-11-06T12:18:00.000-08:00

Are you in need of a mortgage, but already know that you are going to struggle to prove how much you really make as a self employed individual, tipped employee, or independant contractor? Do you need your mortgage to be 95% of the value of the home on a refinance or a purchase? There are ways to get a no income verification 95% mortgage loan without much trouble. Here are the things you will need

No Income Verification Mortgage Loan

2008-11-06T12:17:00.002-08:00

Are you after a mortgage refinance and are struggling to find the loan that is right for you? Have you considered a no income verification mortgage loan to take care of your refinance? Here are three situations that a no income verification type of loan will work very well for. First, if you are self employed and you struggle to prove all of your income on your taxes you can use a mortgage

No Income Verification Mortgage Refinance

2008-11-06T12:17:00.001-08:00

Are you looking for a mortgage, but you know it will be a hassle to prove your real income and this could be more trouble than it is really worth? Do you need a mortgage that will work with you regardless of your income? There are No Income Verification Mortgage Refinance loans out there and they can be obtained rather easily. You will have to have pretty darn good credit, but there is not much

No Proof Home Equity Loans

2008-11-06T12:16:00.001-08:00

Are you in need of a home equity loan, but you cannot prove your income or employment? Do you need a refinance, but are self employed, an independent contractor, or a tipped employee? These are all situations that are hard to prove your actual income in. Here is how to get no proof home equity loans the easy way. Every single mortgage company that is not a traditional bank or federal credit

No Proof Of Income Loan

2008-11-06T12:15:00.000-08:00

Are you looking for a loan that you can get without proving how much money you make? Do you need something other than a payday advance loan, but are having trouble proving that you make what you really make? There is such a thing as a no proof of income loan that is not just a small short term payday loan. Here are your options. If you are looking for a refinance, then you are most likely

State Income Mortgages And No Doc Mortgages For Your Situation

2008-11-06T12:14:00.000-08:00

Is the mortgage market ever going to go back to normal? The stated income and the no doc mortgage will be the top options in the next couple of years for new home loans and refinances. These types of loans have changed their requirements over the last few months and getting a stated income or no doc mortgage has become even easier than it used to be. The credit score requirement has become a bit

Stated Income Mortgage

2008-11-06T12:13:00.000-08:00

Do you struggle to prove how much money you actually make each month? Are you self employed, a tipped employee, paid cash, or an independent contractor? If so, then a stated income mortgage might be right for you. This type of mortgage will allow you to refinance your mortgage without proving your income. Here is how it will work for each situation. Tipped employees never claim all of their tips

True No Doc Mortgage

2008-11-06T12:12:00.002-08:00

Are you looking for a no doc mortgage? Do you need a mortgage, but are having trouble proving your income? There is such a thing as a true no doc mortgage and you need to know how to find your mortgage. Here is how to get a no doc mortgage the right way. First, in order to get a true mortgage that does not require you to put forth all types of documents you need to avoid traditional lenders,

Home Loans For Bad Credit

2008-11-06T12:12:00.001-08:00

Are you trying to buy a new house? What about a refinance, are you considering one? Do you have bad credit and know it is going to be very difficult to deal with the rejection. There are ways to get home loans for bad credit without all the stress. First, if you are trying to buy a home you have a couple of options to get your mortgage with bad credit. You can either save up about $20 -

Loans For Poor Credit Rating - Is There An Option for You?

2008-11-06T12:10:00.000-08:00

Are you stuck with a poor credit rating due to some past mistakes? Do you need a loan to help you through an emergency or to help you get out of the situation you are currently in? There are some options for loans for poor credit rating if you know what you are looking for and what you need. Here is a breakdown of some of those options. First, if you own your house and you need a rather

Steps In A Foreclosure Procedure

2008-11-06T12:09:00.000-08:00

Before the foreclosure starts. To me, this is the most important step in the foreclosure procedure because here is where you have the greatest chance to save your home. It is at this stage of the game that your mortgage company will be calling you . . . a lot. They are trying to figure out what is going on with you and why you are not making your payments. They will be persistent at this stage

Existing Home Sales are Up...is this the Bottom?

2008-11-06T12:08:00.000-08:00

According to data recently released by the National Association of Realtors, existing home sales have finally posted a gain for the first time in over a year thanks in large part due to the sale of foreclosure properties. Florida is listed as second in the nation for mortgage defaults and also experienced improved sales of single family homes and condos for September. In fact, it is estimated

Why You Should Seek Professional Mortgage Advice And Who to Hire

2008-11-06T11:58:00.000-08:00

There are many reasons why one may need professional mortgage advice. For example, you may be a first time home buyer, or you are not familiar with certain mortgage rules and regulations. Speaking with a professional mortgage advisor will help you avoid costly mistakes. A mortgage is a huge and long term financial commitment. Obviously, being behind in mortgage payments is not exactly fun. In

Mortgage comprehension test

2008-11-06T11:57:00.000-08:00

If you’re on the lookout for a mortgage, there’s a bewildering choice and the main element you’re going to need is advice. Luckily, there’s plenty of that too, but before you ask for it, you may like to familiarize yourself with some of the jargon. With LTV’s and HLC’s to think about, never mind the ERC’s it’s a whole new world and far removed from the days when a one-size fits all mortgage was

What You Need To File Bankruptcy

2008-11-06T11:51:00.000-08:00

When you are considering filing for bankruptcy, you will need to supply a lawyer all the needed information to start a bankruptcy filing. What you need for a bankruptcy is bank statements, pay stubs for all income, titles to vehicles, documents pertaining to 401K, pension and IRS accounts as well as all debts. If you own a home, you need a declaration of insurance and a copy of the deed holder

Income Protection Insurance - Have you left it too late?

2008-11-06T11:50:00.000-08:00

"You have left it too late." Thousands of people are hearing this every day and experiencing that sinking feeling when they realise something once so freely available, is now denied to them. People without savings or perhaps with less than 2 months wages in the bank (that's the majority of people of working age) were able to buy Income Protection insurance very easily. This insurance policy

Mortgage up-date

2008-11-06T11:49:00.000-08:00

Are you looking for a mortgage? You may be pleasantly surprised to find out what’s on offer. Gone are the days when the only option was a 25 year loan at a standard variable interest rate. Today’s mortgage market is varied and inspirational and due to competition between lenders, borrowers are in an excellent position. It’s an amazing fact that there are around 4,000 different loans available

Bad credit second mortgage refinancing: to be the biggest healer

2008-11-06T11:29:00.000-08:00

This is the boon for the bad credit that is not having good reputation ion in the market just because of his tarnished image they have to walk here and there for the purpose of getting monetary assistance but they don’t know where to go or how to get their problem solved. Having been a bad credit, all the doors have been shut. Owing to money crisis, they are standing at that place where there is

Personal Loans Bad Credit: Eases The Financial Disturbances

2008-11-06T11:28:00.000-08:00

A bad credit record is always like a burden that keeps disturbing you anytime. Even the main reason is that getting loan becomes impossible with such a bad record. Lenders either use to turn such borrowers down or charges higher interest rates. Therefore, you should, under such circumstances try to go for the personal loans bad credit that are specially designed for borrowers like you.

Personal Loans Bad Credit: Eases The Financial Disturbances

2008-11-05T13:16:00.000-08:00

Mortgage Marketing Tools

2008-11-05T13:14:00.000-08:00

Are you familiar with the term ‘mortgage marketing’? You must be. In this present age mortgage marketing has become a common word to all of us. Mortgage refers to the term meant an agreement which allows someone to borrow money from a bank or similar organizations. The mortgage is a security for the loan that the lender makes to the borrower. Generally mortgages are related to the loans secured

Foreclosure Assistance

2008-11-05T13:12:00.000-08:00

If you are having problems making your monthly payment on your mortgage, then your house may be placed into Foreclosure. A Foreclosure is the legal way the bank can use to repossess your home. The foreclosure process can be a very stressful and confusing time for most homeowners. Unfortunately many predators are aware of this and use this duress to take advantage of uneducated homeowners. We at