BasicsMortgage lenders offer many different loan types for people with bad credit. These loan types include:30 year fixed loansinterest only loansminimum payment option loansother mortgage loans30 Year Fixed LoansThis is the traditional mortgage loan. It has a loan term of 30 years and is fixed for 30 years. This loan option usually has the highest [...]
Posts Tagged ‘Mortgage Refinancing’
June 21st, 2010
Auto Refinance – Have You Considered Refinancing Your Car?
With the economic climate continuing to tighten our belts, you may have considered refinancing your mortgage but have you considered refinancing your car?Auto refinance allows you to repay your existing car loan and replace it with a refinanced one. This might sound a pointless act of swapping one loan for another, but if you make [...]
June 10th, 2010
Mortgage Refinancing: Home Appraisal Basics
If you are in the process of refinancing your mortgage loan, your new mortgage lender may require an appraisal prior to approving your loan. Here is what you need to know about appraisals, including tips to help maximize the equity in your home.Your home’s appraisal is a written estimate of the market value of your [...]

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