Mortgage & Refinancing Information

The Real Truth About Those: Online Get a Better Loan Web Sites - 6 Things to Look For


You have seen the Commercials on TV go this or that web Site and Refinance your Home and Save thousands. Tempting isn't it? Do they really save you money?

But what if you need help or Advice? What if you have questions? Can an online Internet Robot Design a Mortgage Plan customized for your unique situation.

Here are 6 Reasons why a Financial Service Professional is better then those online Internet Robots

1 - Loan Maize

Their are hundreds of loan Types and Terms. Which is best for you? Before you go to the Internet learn a little about the loan Maize. Here is just a partial list of terms involved in the Maize.

First you Pick the Loan Length

  • Less then 15 Years
  • 15 Year
  • 20 Year
  • 30 Year
  • More then 30 Years

    Next Pick the Loan Type

  • First Trust Deed
  • Second Trust Deed
  • Home Improvement
  • Reverse Mortgage
  • Inverse Mortgage
  • Bi-Weekly Mortgage
  • Debt Consolidation
  • FHA
  • VA

    Now Mix and Match from some loan Terms

  • Fixed Rates
  • 30 due in 5
  • 30 due in 7
  • Fixed for 3 then Adjusts
  • Buy Downs
  • Arms
  • Steps
  • Interest Only
  • Fully Amortized
  • Ballons
  • Full Doc
  • Negative Amortization ARM
    MORE RESOURCES:

    Outcome for the US economy depends mostly on fiscal stimulus
    BloggingStocks - 2 hours ago
    ... an oil price of $50 a barrel or less, a universal federal FDIC / Treasury home mortgage refinance program that substantially lowers mortgage defaults, ...


    Mortgage experts: Now is the time to buy or refinance
    KDRV, OR - Nov 28, 2008
    By Emily Wood CENTRAL POINT, Ore. -- Despite tough economic times and a crumbling housing market, mortgage experts say now is one of the best times to ...


    Mortgage Monday: Do I Refinance?
    ABC2 News, MD - Nov 24, 2008
    Many homeowners are thinking about refinancing their mortgages, but are not sure if this is the right time to do it or not. Jamie talked with Carl Delmont ...


    National housing crisis exacting heavy toll in Riverside County
    Press-Enterprise, CA - Nov 11, 2008
    By DUANE W. GANG Riverside County remains at the forefront of the national housing crisis with thousands of homeowners in the unenviable position of owing ...


    Best Syndication

    HUD Unveils "new" Mortgage Disclosure Rules. Yay! Another New Form!
    Best Syndication, CA - Nov 23, 2008
    The United States Department of Housing and Urban Development ("HUD") today announced new regulations intended to make the mortgage shopping experience more ...


    Is Now the Right Time to Refinance Your Mortgage?
    Eastside Business Journal, Washington - Nov 18, 2008
    By Rick Hubbert How do you know when it is the right time to refinance? Some believe that if homeowners can shave one point (1%) off their existing rate, ...


    Mortgage Applications Down 43.4% Year on Year
    HNN Huntingtonnews.net,  USA - Nov 6, 2008
    By David M. Kinchen The Mortgage Bankers Association (MBA) on Wednesday, Nov. 5, 2008 released its Weekly Mortgage Applications Survey for the week ending ...


    Center for Responsible Lending and Industry Groups Urge HUD to ...
    MarketWatch - Nov 20, 2008
    ... to help the largest possible numbers of at-risk borrowers. This is not the appropriate time to permit the lapse of a viable mortgage refinance option.


    Record US median home price drop to $183300 probably is not the bottom
    BloggingStocks - Nov 24, 2008
    Housing Sector/Economic Analysis: The above underscores the need for a comprehensive, federal home mortgage refinance program for preventable foreclosures. ...


    Local mall operator says it's at risk for default
    Boston Globe (registration), United States - Nov 12, 2008
    ... on school loans are waived..and a government backed mortgage refinance program to give homeowners a chance to stay in their homes to pay their debts. ...

    Mortgage-Refinance - Google News

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