Home Mortgage Preparation Article List

Historic Mortgage Rates: Why Historic Mortgage Data and Rates are Important and Where to Find Them
Historic mortgage rates are a breakdown of average mortgage interest rates over the last 30-plus years.

Wholesale Mortgage Lenders: When it Comes to Wholesale, You Have to Take the Good Mortgage Lenders With the Bad
Wholesale mortgage lenders may be able to offer more lenient lending policies or slightly lower rates, but can they offer the security and personalized customer service that a local bank?

Mortgage Loan Terminology: A Mortgage and Loan Terminology and Glossary
Obtaining a mortgage can be a complicated process, so prepare yourself by learning this basic mortgage loan terminology.

Disadvantages of Reverse Mortgages: Reverse Mortgages Have Their Disadvantages
If you are over age 62 and have equity in your house, a reverse mortgage might sound intriguing, but you need to be aware of the disadvantages of reverse mortgages.

Compare Mortgage Lenders: How to Compare and Choose Mortgage Lenders
If you need to compare mortgage lenders, take a look for a breakdown of the four major selection criteria you should be looking at.

Mortgage Amortization Table: What is a Mortgage Amortization Table?
A mortgage amortization table is a detailed list of each payment on a loan. A mortgage amortization table displays the exact amount of payment that is going toward interest and the amount that goes toward the principle balance of the loan.

Mortgage Broker Software: All You Need to Know About Mortgage Broker Software
Part of the necessary programs for mortgage broker software is loan software; this usually has the calculation tools needed for figuring out payments, tax, escrow, down payment.

Mortgage Interest Rate Calculator: Find your Dream Home with a Mortgage Interest Rate Calculator
As a home buyer you can use a mortgage interest rate calculator to determine an approximate payment per month that you will be paying for your home.

Mortgage Loan Application Form: What‘s on a Mortgage Loan Application Form?
Uniform Residential Loan Application, also known as, Form 1003, is available online and may be downloaded and completed for return to your chosen lender. This form is designed to be filled out by borrowers.

Mortgage Loan Processor Training: Training to be a Mortgage Loan Processor
There are many places you can get mortgage loan processor training.

What is a Home Equity Loan: What is a Home Equity Loan and How can it Help?
When looking for a definition of what is a home equity loan, a house’s value is, in reality, what a person will pay for it - not what an appraiser says it is worth and probably not what the seller thinks it is worth. However, in the banking world, what the appraiser says, goes.

Wells Fargo Mortgages: What You Need to Know about Wells Fargo Mortgages
You are a first time home buyer checking out some of your loan companies, Wells Fargo mortgages are a good place to begin your search for information. Depending on your credit score and payments you have going out, Wells Fargo mortgages has many plans to fit different situations.

VA Loan Rates: Should You Go for Adjustable or Fixed VA Loan Rates?
Your VA loan rate will vary depending on whether you have chosen a fixed or adjustable rate. Fixed rates will not fluctuate with the national average for home loan interest rates. Adjustable VA loan rates will rise and fall depending on the interest rates at the current time.

VA Loan Application: Application Process for a VA Loan
The first thing lenders will look at on a VA loan application is duration served in the armed forces. To be eligible for a VA loan, applicants must have served on active duty and be discharged by means other than Dishonorable Discharge.

VA Housing Loan: What is a VA Housing Loan?
A VA housing loan is a loan program available to veterans that can help veterans purchase a home, refinance an existing or home, or make energy efficient repairs and upgrades. Over 14 million veterans have purchased a home using a VA housing loan.

Todays Mortgage Interest Rates: What Affects Todays Mortgage Interest Rates?
Before a buyer can be really prepared to make an offer on a property, they should have an idea of todays mortgage interest rates. The two primary factors to define any loan’s monthly payment are the amount owed plus interest.

Reverse Mortgage Pitfalls: What are Some Reverse Mortgage Pitfalls?
Reverse mortgage pitfalls: They are only available to senior citizens; you borrow against the equity of your home, the bank sends you a monthly payment, but so long as you continue to live in the house - you do not owe a dime!

Private Money Lenders: Finding the Right Private Money Lenders
When you are looking at private money lenders to get a mortgage, you will want to look at all the companies that are available. There was a time when doing so meant just visiting your local banks or maybe checking with the yellow pages.

Mortgage Net Branches: Benefits of Mortgage Net Branches
Mortgage net branches are a part of a larger lending company. What the main company does is hire people to create loans at some branch location. Their goal is to do a high volume of work, really write a lot of loans.

Mortgage Loan Training: What is Covered by Mortgage Loan Training?
If a person wants to get mortgage loan training, they will have to learn about the guidelines that the FHA uses in deciding who they will underwrite a loan for. Their mortgage loan training involves learning about credit scores.

Mortgage Calculator: Making the Most of a Mortgage Calculator
Ever since the sub-prime meltdown, the need for a mortgage calculator has become very evident; where once a mortgage calculator was something your local banker used, now just about everyone can get one.

Mortgage Broker Bond: Why is a Mortgage Broker Bond Important?
While the term mortgage broker is well-known, the idea of a mortgage broker bond probably is not. Yet, it is a very important and valuable aspect of securing a good loan.

How Much Mortgage Can I Afford: How Much Mortgage can I Afford on My Income?
There is a basic rule to answer the question: “How much mortgage can I afford?” Most would agree it is the amount of monthly budget expense to earmark for housing. That number is 40% of your total monthly income.

International Mortgage Lenders: Where to Find International Mortgage Lenders
The International Mortgage Lenders Association (IMLA) is the organization which puts all the lending needs for international lenders in one accessible spot.

First Time Home Buyers Grants: What Grants can a First Time Home Buyers Get?
First time home buyers grants make money available from the government to help offset the initial costs such as down payments and closing costs related to purchasing a home. First time home buyers grants are available from both state and financial governments.

FHA Mortgage Rates: How FHA Mortgage Rates Help Home Buyers
Mortgage rates that are available to a certain buyer vary for many different reasons and the FHA mortgage rates need some further description. Eligibility of a particular borrower to use FHA mortgage rates is based on rules and guidelines issued by the Federal Housing Authority.

FHA Loan Limits: What FHA Loan Limits Mean to You
FHA loan limits are set up on a regional basis, and they define how large of a mortgage the administration will underwrite.

FHA Loan Guidelines: What are the FHA Loan Guidelines?
FHA loan guidelines help the administration with deciding who get a loan, and who does not.

Citibank Mortgage: Why Go with Citibank Mortgage Company?
With Citibank Mortgage Company, you are dealing with a well-established firm, and one with millions (even billions!) in assets.

Calculate Mortgage Rates: How to Calculate Mortgage Rates
You want to calculate mortgage rates. The first factors you will need to know are the amount of money you are looking to finance, the interest rate you expect to pay.