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Tag Archives: Mortgage Insurance

Save Money on Your Mortgage Loan

Written by admin on July 15, 2010 — Leave a Comment

Did you know if you borrow $100,000 for a mortgage loan, you may pay back as much as $300,000? Yes, its true, and you may pay more than that depending on the interest rate and the number of years it takes you to repay the loan. The amount is even higher if the terms [...]

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Cheap Home Loan

Written by admin on February 8, 2010 — Leave a Comment

Cheap Home Loans: What is an APR?
“APR” is one of the most misunderstood terms in the world of home mortgages. While you might know that it means “Annual Percentage Rate”, you may not know that it includes more than the interest rate. APR is a figure used to determine the yearly cost of a new [...]

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Buy A Home After A Disaster With Government Help

Written by admin on January 27, 2010 — Leave a Comment

Buying a home after a disaster seems like an overwhelming task, but the government provides some help through a FHA program, 203(h). By providing mortgage insurance to disaster victims, borrowers can finance the purchase of a home or rebuilding costs.
203(h) Details
After an area has been declared a disaster area by the President, victims in that [...]

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