http://www.mortgagefindersnetwork.com/blog Your guide to mortgage loans online. Thu, 01 May 2008 17:59:44 +0000 http://backend.userland.com/rss092 en Extra mortgage payments often times will not save you money because lenders will charge a holding, or processing cost for making more than one payment in a month. To get around this particular fee, it can often time work to your advantage to add and additional fraction of your monthly ... http://www.mortgagefindersnetwork.com/blog/should-i-make-extra-mortgage-payments-2008-05-01/ In the United States, most Americans are juggling several different forms of debt at once and many will reach a point where they simply cannot afford to pay all of them. Each month, you might have five credit card payments, a car payment, a mortgage, and possibly a loan. That's ... http://www.mortgagefindersnetwork.com/blog/mortgage-payment-or-credit-card-payment-2008-04-29/ After you've gone through the grueling mortgage process, you'll eventually reach that day everyone involved has been waiting for - the day you close. The closing process basically involves all of the parties signing the final documents and officially transferring ownership of the property to you. Closing fees are typically ... http://www.mortgagefindersnetwork.com/blog/understanding-the-closing-process-2008-04-23/ Reverse Mortgages Growing With much of the "baby boomer" population beginning to reach their senior citizen and retirement ages, many people are relying on their home's equity for income. Their home equity is even more important considering how difficult it has become for many people to have a financially secure retirement. ... http://www.mortgagefindersnetwork.com/blog/reverse-mortgages-can-be-dangerous-2008-04-22/ With a major foreclosure crisis at hand and a slumping home market, the Federal Reserve Board is looking to make some changes in federal mortgage rules. While some of these changes may help curb abusive lending for a time, they clearly do not give consumers the protection they need. ... http://www.mortgagefindersnetwork.com/blog/new-federal-mortgage-rules-and-how-they-affect-consumers-2008-04-18/ Are you less than convinced by all those amazing debt consolidation stories out there - the ones where someone seems to magically eliminate all of their debt in just a few months? They usually sound a little too good to be true, and that's because they usually are. However, there ... http://www.mortgagefindersnetwork.com/blog/the-125-home-equity-loan-2008-04-16/ The feeling of being turned down for a mortgage is not something that people enjoy. It can make you feel helpless; like you have nowhere to turn. So what are your options? Well, you should not just sit there and give up. You need to become active and make sure ... http://www.mortgagefindersnetwork.com/blog/have-you-been-turned-down-for-a-mortgage-2008-04-10/ For most people looking at buying their first home, saving their money for the down payment is often a difficult challenge. Coming up with 5%-20% of the home's value can be a stretch and some people have to save their money for years in advance just to come up with ... http://www.mortgagefindersnetwork.com/blog/mortgage-down-payment-2008-04-08/ While mortgage insurance may sound like it's a form of insurance protection for home buyers, it's really protection for the lender. Mortgage insurance, also called private mortgage insurance or PMI, ensures that a lender will get all of their money back should a buyer stop paying back their mortgage. Unfortunately, ... http://www.mortgagefindersnetwork.com/blog/what-is-mortgage-insurance-2008-04-03/ One of the major advantages to owning a home is the opportunity for the owner to take out a home equity loan or line of credit to borrow money. They offer a great way to borrow money, but it's important to know exactly how it works. The owner uses their ... http://www.mortgagefindersnetwork.com/blog/what-is-home-equity-debt-2008-04-01/