Did you know that 125% loan to value and mortgage refinance are extremely risky for borrowers?Well, they are! That’s why you better think twice before jumping into an exotic 125% loan to value (LTV) second mortgage that allows you to refinance by borrowing more than your home is worth.It sounds too good to be true, [...]
Posts Tagged ‘Debt Consolidation’
June 13th, 2010
125% Loan to Value and Mortgage Refinance
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Tags: 125 Ltv, Balloon Payment, Best Interest, Borrowers, Closing Costs, Collateral, Credit Card Debt, Debt Consolidation, Federal Trade Commission, Foreclosure, Interest Rates, Loan Balance, Mortgage Refinance, Poor Credit, Privilege, Salespeople, Second Mortgage, Unscrupulous Lenders, Vulnerable Homeowners, Young Couples 
No Comments »May 9th, 2010
Steps to Refinancing Your Home
When it comes to refinancing your home, it helps to know the steps you will have to accomplish in order to get your home refinanced. Understanding what you will have to do can prepare you to help streamline the process, and make it go more quickly and smoothly.1. Know what you want to do. You [...]
Posted in Article Tags: Current Mortgage, Debt Consolidation, Fixed Rate, Home Improvements, Home Mortgage Refinance Loan, Home Refinance Loan, Home Refinancing, Homeowner Insurance, Homeowner S Insurance, Insurance Policy, Interest Rate, Loan Documents, Loan Term, Loan Terms, Mortgage Insurance, Mortgage Loan, Mortgage Refinance, Notary, Refinancing Loans, Refinancing Your Home No Comments »May 1st, 2010
Second Mortgage Options for Refinancing Adjustable Home Equity Credit Lines
A study conducted from October 10-12, 2006 by Harris Interactive ® by Countrywide Home Loans indicates that Americans don’t fully comprehend or utilize their home equity as a financial tool. “There’s a prevalent misperception about mortgages that may prevent many Americans from realizing their home’s full financial potential,” says Dan Hanson, managing director of Countrywide [...]
Posted in Article Tags: Adjustable Rate Loan, Countrywide Home Loans, Debt Consolidation, Equity Credit Lines, Financial Goals, Financial Tool, First Mortgage, Harris Interactive, Home Equity Credit, Home Equity Loans, Impossibility, Ltv, Misperception, Mortgage Lenders, Mortgage Options, Mortgage Refinancing, Pmi Mortgage, Revolving Debt, Second Mortgage, Select Group No Comments »