Who is eligible for the Servicemembers Civil Relief Act (SCRA)?
The Act applies to active duty military personnel who had a mortgage obligation before enlistment or before being ordered to active duty. This includes:
– Members of the Army, Navy, Marine Corps, Air Force,...
Inflation worries, lead by reports of a jump in consumer spending November along with a rise in inflation during the same period, have caused major lending institutions to raise their 30-Year mortgage rates to above 6 percent. The average rate rose to 6.17 percent in some markets, compared with...
In order to ensure a smooth note transaction, it would be wise, as a well informed note seller, to have the following documents available before submitting you note to a Note Investor for purchase. These are documents that you, your attorney, or your real estate agent should have on file from...
Indiana Mortgage – What to Expect When Buying a Home in Indiana
Maybe youre buying your first home in Indiana, or perhaps youre relocating to Indiana from another state. Either way, its important that you educate yourself on Indiana home loans before shopping for a home and...
Illinois Mortgage – What to Expect When Buying a Home in Illinois
Maybe youre buying your first home in Illinois, or perhaps youre relocating to Illinois from another state. Either way, its important that you educate yourself on Illinois home loans before shopping for a home and...
Bank managers are probably the most risk-averse individuals you are likely to meet without proof of a regular salary and sound financial track record you may presume a frosty reception when you ask about borrowing. However, there are options available for people who dont conform to the...
While offices and factories are important for any business, purchase or construction of these premises will divert the ever-important capital from regular business expenses. If you are thinking of extending the lease period of your property then wait. Rental of leased properties put a much...
In a recent article appearing on IndyStar.com*, it was reported that Indiana and Ohio lead the nation in the number of home mortgage foreclosures. As the article describes, there are many reasons for the high mortgage foreclosure rate. Regardless of the reason, one key to avoiding this...
The basic reason we look for a loan with a low mortgage rate is to save money, get out of debt quickly or simply to better our financial position. Here, you will be provided with the perfect guidance on how to use a low mortgage rate market to the fullest. The tips below will guide you to select...
If you are looking to purchase a new home or refinance the one you are currently living in, you will want to find the best mortgage rate out there.
Securing the best mortgage rate for you really isnt that difficult if you are willing to take some time and educate yourself, as well as put...
In todays ever-changing world, people need more and more flexibility when it comes to borrowing and mortgages. With this in mind, more and more lenders are offering what they term as flexible mortgages. However, the term flexible can mean a lot of different things. If you are unsure about which...
If you are searching for a mortgage then you probably know about the common types of mortgage like fixed rate and variable rate. What you might be more unfamiliar with is a newer type of mortgage known as a current account mortgage. If you are in the market for a mortgage or are looking to...