Archive for: December 7, 2006

December 7, 2006

Mortgage Broker Company - Watch out for loan fraud

Filed under: Mortgage Broker Company - 07 Dec 2006

To be careful of loan fraud make sure you:  shop around.  compare prices and homes.  If a lender tells you that they are your only hope, forget them.  Do not sign any contracts or documents that have blanks.  Read them …

Mortgage Broker Company - Value Added Loans

Filed under: Mortgage Broker Company - 07 Dec 2006

This is a loan I had not heard of that I guess is quite new.  It is used for when you are making major improvements on your home that will substantually increase the value of your home.

Instead of lending you …

Mortgage Broker Company - Home equity line of credit vs home equity loan.

Filed under: Mortgage Broker Company - 07 Dec 2006

A home equity line of credit is a great way to finance any home improvement projects.  The line of credit is secured by your home, which means your interest payment is tax deductible.  The line of credit is relatively risk free …