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Entries from September 26th, 2007

What Documents Do You Need to Get Approved for a Mortgage

September 26th, 2007 · No Comments · Mortgages

What Documents Do You Need to Get Approved for a Mortgage?
Getting a mortgage home loan might seem like a tedious process, but if you do your part to look good on paper, you can increase your eligibility for the best mortgage rates.  Financial institutions primarily consider three main areas in determining who is eligible for a [...]

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Home Equity Loans with Frequent Flyer Programs

September 24th, 2007 · No Comments · Home Equity Loans

Use Your Home to Get Away: Home Equity Loans with Frequent Flyer Programs
Just because you’re paying off an unexpected expense by using a home equity loan or line of credit doesn’t necessarily mean that vacation needs be out of mind.  Many financial institutions partner up with airlines to offer customers a way to earn miles [...]

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September 20th, 2007 · No Comments · Mortgages

Which Team is Your Mortgage Broker Playing For?
As the popular sports saying goes, “The best offense is a good defense.”  The same can be said for using a broker to get a mortgage.
Navigating the terrain of mortgages—including terminology, conditions, and the process as a whole—can be a challenge, to say the least.  Thus, to help [...]

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Use Equity for College

September 17th, 2007 · No Comments · Home Equity Loans

Use Your Home to Send Your Child to Their Home Away from Home
We’ve all seen those stickers that proudly boast “University of Southern California Mom” or “Harvard Dad.”  What they should really say is “Pay to the Order of USC” or “Sending the Checks to Harvard University.”  If you’ve ever funded the college education of [...]

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What a Fed Rate Cut Could Mean for You

September 13th, 2007 · No Comments · Home Equity Loans

Informa Research Services Says “Don’t Panic!”: What a Fed Rate Cut Could Mean for You
Rest assured, the world is not coming to an end because of a possible Federal Reserve discount rate cut.  On Tuesday, the Federal Open Market Committee will meet to discuss whether or not to lower the discount rate.  But despite the [...]

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3 Mistakes to Avoid Home Equity Loan

September 11th, 2007 · No Comments · Home Equity Loans

3 Mistakes to Avoid When Applying for a Home Equity Loan
A home equity loan can be a great resource to homeowners who need some extra money to do a renovation project, pay for college tuition, or even make a large purchase. However, there are three mistakes that you as a homeowner might make that, if avoided, [...]

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Make a Point to Lower Your Interest

September 10th, 2007 · No Comments · Mortgages

Make a Point to Lower Your Interest
On a test, students want all the points they can get, and even adults will brighten up at the promise of some of those proverbial “brownie points.”  But in the mortgage world it is quite the opposite – people usually aren’t so thrilled about points. Mortgage points, also called [...]

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Is a Home Equity Loan Right for You

September 10th, 2007 · No Comments · Home Equity Loans

Is a Home Equity Loan Right for You?
One major asset that many homeowners tend to overlook when seeking a way out of a financial hardship is right under their noses… or perhaps more accurately, right over their heads: their home.  Your home is an investment and there’s no reason it can’t yield valuable returns for [...]

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