Monthly archives: September, 2021

What To Do If Your Mortgage is Under Water

With over 20% of all homeowners being upside down with their Your Mortgage, it’s no wonder that lots of people are starting to ask if it’s really worth staying in a home that’s worth much less than the mortgage they are paying. After all, what’s the point of paying a $300,000 mortgage over 30 years when …

Will 2021 Be A Good Time To Get A Home Loan?

It’s been a rough year and a half for almost everyone in the housing industry Home Loan as well as those of us who are looking to sell or buy a new home. Despite record-low mortgage interest rates, stabilizing home values and even the home buyer tax credit many people have simply not been able …

Credit Reports and Credit Scores In 2021

Whether you’re starting out in the professional world or you’re looking for a fresh start, it’s important to know about credit reports and credit scores and how much they affect everyday life for most people. Your credit score can affect the kind of house you can buy, the apartment you can rent, the job you …

How To Improve Your Credit Score 2021

Once you know how credit scores and credit reports work, you’re going to want to probably go about finding ways to improve your own credit score so that you can qualify for a larger mortgage with better loan terms. The credit scoring companies keep their exact formula for credit scoring a secret, but there are some …

When Should You Walk Away From Your Home

With the Home market bottoming out there has been lots of talk and media coverage of people simply walking away from their homes and mortgages and letting the banks repossess their homes instead of trying to pay the full inflated price. Most people look to leave their homes when they owe more money on their …

Get Paid To Sell Your Home At A Loss

It sounds like it’s too good to be true: If your home mortgage is upside down you can sell your home for market value, not owe the remainder of the mortgage balance AND get paid $1,500 to move! That’s pretty much what the Obama administration’s new plan is for kick-starting the economy and helping homeowners who are …

Home Loans and Foreclosures

It’s looking Foreclosures as though this year is on track to top last year for the number of likely foreclosures that are going to occur in the United States. While this is not very good news for the people whose mortgage is now months past due, this can be a potential opportunity for first-time homebuyers …

How To Take Advantage of the Housing Crisis

We all know that for the past several years the housing market, and likewise the home loan lending market, has taken a substantial hit. Home values have been dropping for years, banks have severely tightened their mortgage approval requirements and the one thing that could really help the housing market – and increase in jobs …

The Energy Efficient Mortgage

One of the newest mortgage products available these days is called an EEM or Energy Efficient Mortgage. Energy Efficient Mortgages are mortgages that are designed to encourage people to buy new energy-efficient homes or to buy homes that have energy-efficient improvements by crediting for the energy-saving measures in the home. In other words, an EEM will allow a …