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Entries for May, 2008


How to get a mortgage CHAPTER 1: SO MANY MORTGAGE OPTIONS

Why are there so many mortgage options and programs? In order to have several mortgage avenues available for the borrower, to meet his or her specific needs. Sound good? While that may be true, you may be thinking it is to keep borrower clueless, that’s why. After all, if getting a mortgage was so easy [...]

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TIPS TO PROTECT YOURSELF FROM MORTGAGE FRAUD AT CLOSING

1. Start on the right foot. Make sure the name on your application matches the name on your primaryform of identification. The notarization at the closing table may be delayed, and possibly denied, if these names don’t match.
2. Know and understand the terms of your mortgage. Bring all your loan information with you to the [...]

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Personal Financial Planning

The best investment a person can make is in himself. Financially, he must have some knowledge about his own affairs because he cannot hand over everything to a financial adviser or broker and expect that person to do it all. If he takes the time to learn about money matters, he will receive a rich [...]

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