January 29, 2007

Mortgage Broker Company - Invest in property with little money for mortgage.

Filed under: Mortgage Broker Company - 29 Jan 2007

One way to invest in property if you have a small budget is to buy a cheap house and then fix it up.  Or you can look for a house that has not been completed yet and complete the inside …

January 24, 2007

Mortgage Broker Company - Tips to get your house to sell.

Filed under: Mortgage Broker Company - 24 Jan 2007

Sometimes it seems it tough to sell your home.  No offers come in. Other homes get purchased.  Well here are som helpful hints to get ready to sell your home.

Look at your house objectively.  You have probably lived there along …

January 18, 2007

Mortgage Broker Company - Difference between a deposit and a downpayment

Filed under: Mortgage Broker Company - 18 Jan 2007

When you are buying a house, and working through the process of an Agreement of Purchase and Sale, the real estate agent will ask you for a deposit.  This is what is called “good faith” money.  It shows the real …

January 5, 2007

Mortgage Broker Company - Does your real estate agent work for you?

Filed under: Mortgage Broker Company - 05 Jan 2007

There are buyer’s agents and seller’s agents.  The agent must tell you who they are representing.  This can be done with a disclosure agreement that you sign that clarifies whether or not the agent is working for you or the …

January 4, 2007

Mortgage Broker Company - Obtaining funds online to finance your home.

Filed under: Mortgage Broker Company - 04 Jan 2007

Applying online can be a very simple and easy way to apply for a home loan.  No lines, no hassle, etc. Just make sure all your information is safe.  Make sure the lenders website is secure.

After you find a lender, …

January 1, 2007

Mortgage Broker Company - What is property tax?

Filed under: Mortgage Broker Company - 01 Jan 2007

Property taxes are taxes that are based on the assessed value of your home.  They are paid by you for community services such as public works, schools, and other costs of your local government. 

Taxes are paid as part of your …

December 21, 2006

Mortgage Broker Company - What is the real cost of your mortgage?

Filed under: Mortgage Broker Company - 21 Dec 2006

Well there are four elements.

There is the principle which is the amount you wish to borrow and which must be repaid.

Next is interest.  That is the cost that the lender will charge you to use their money while you pay …

December 6, 2006

Mortgage Broker Company - Interest only mortgage loans

Filed under: Mortgage Broker Company - 06 Dec 2006

For an interest only mortgage loan your monthly payment is the amount of interest that is due that month.  Therefore payments are much lower.  Just remember the interest only payments are for a short time only.  At the end of …

Mortgage Broker Company - Equity home loan mortgages

Filed under: Mortgage Broker Company - 06 Dec 2006

Did you know you can make money by having a mortgage?  We think of constantly paying out our monthly payment.  Feeling like we are going to the poorhouse when we are actually building equity.

Equity home loan mortgages can help with …

December 1, 2006

Mortgage Broker Company - More On FHA Mortgage Loans

Filed under: Mortgage Broker Company - 01 Dec 2006

FHA offers a guarantee to the mortgage company for the loan the company is lending to you.  You can pay as little as 3% of the purchase price of the house and finance your closing costs. 

You can buy a house …

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