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Tag Archives: mortgages

Understanding What Private Mortgage Insurance Is

When you first buy a home, it can be very frustrating and complicated but it can also be extremely exciting. There is no feeling like being able to call a home your own and have the freedom to decorate it and change it any way you want.
Do you want old wrecked cars on your lawn [...]

Posted 14 May 2010 † admin § insurance ‡ Comments (0) ° Also tagged: , , ,

Getting A Handle on Negative Equity

Negative equity is the difference between balance and equity. In other words, if you are applying for an equity loan and the balance owed on the home is greater than the value of the home, then this is called negative equity.
One of the loans you could take out  to avoid negative equity is the 100% [...]

Posted 26 December 2009 † admin § home loans ‡ Comments (0) ° Also tagged: , , ,

Understanding Home Equity Loans and Their Benefits

If you are on the market searching for an equity loan, it is important to cover your grounds before agreeing to any terms. Lenders will often sell homes for the amount owed on property if the homeowner falls behind on payments. Thus, the first question you should ask is can I afford to repay a [...]

Posted 29 October 2009 † admin § home loans ‡ Comments (0) ° Also tagged: , , ,