Mortgage Information
Where Does the Money Come From for Mortgage Loans? |
The Biweekly Mortgage - Who Needs It? |
Land Contract |
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| In the olden days, when someone wanted a home loan they walked downtown to the neighborhood bank. | Have you received an advertisement offering to save you thousands of dollars on your thirty. | An alternative to a non-conforming loan is the use of a land contract, which is allowed in some states. |
The No-Cost Thirty Year Fixed Rate Mortgage |
Which ARM is the Best Alternative? |
The Advantages of Different Types of Mortgage Lenders |
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| There really is no such thing as a no-cost mortgage loan. | How would you like a mortgage loan where you did not have to make the whole payment if you did not want to? | What kind of lender is best? If you ask a loan officer, "What kind of lender is best?" |
WHAT'S A FICO®? |
Types of Mortgage Lenders |
Items You Need When Applying For a Loan |
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| What is a FICO® Score? FICO® stands for Fair Isaac & Company and is the name for the most well known credit scoring system. | Mortgage Bankers. Mortgage Bankers are lenders that are large enough to originate loans. | Have These Items Ready When You Apply For a Loan It used to be that lenders mailed out verifications to employers |
Your Savings and Down Payment |
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| Your First Step Toward Buying a Home When preparing to buy a home |