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 ‘Foreclosure’
June 13th, 2010
125% Loan to Value and Mortgage Refinance
Posted in Article 
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 »June 10th, 2010
VA Streamline Refinance Has Hidden Benefits
Very few veterans know about the benefits of a VA Streamline mortgage refinance. There are a few benefits that are hidden to vets. One of the biggest is that with a VA Streamline refi there are no credit qualifications! You can have multiple late payments and collections on all types of credit and still qualify. [...]
Posted in Article Tags: 12 Months, Childress, Credit Qualifications, Easy Loans, Exceptions, Fixed Rate, Foreclosure, Interest Rate, Interest Rates, Judgements And Liens, Late Payments, Mortgage Refinance, Rate Interest, Refinance Loans, Six Months, Sub Prime Mortgage, Sub Prime Mortgages, Va Loans, Va Streamline Mortgage, Vets No Comments »June 4th, 2010
Mortgage Refinancing: What is Loan to Value Ratio?
If you are in the process of mortgage refinancing, one important part of your application approval and the interest rate you receive is the Loan-to-Value ratio or LTV. Here are the basics of Loan-to-Value ratio and what you need to know to qualify for the best mortgage loan.What is the Loan to Value Ratio?Your Loan [...]
Posted in Article Tags: Application Approval, Best Mortgage, Costly Insurance, Foreclosure, Free Mortgage, Latour, Lender Fees, Lenders, Loan To Value Ratio, Lower Mortgage Payment, Ltv Ratio, Mortgage Interest Rate, Mortgage Loan, Mortgage Options, Mortgage Rate, Mortgage Refinancing, Pmi, Private Mortgage Insurance, Ratios, Refinancing Loan No Comments »