What Are Typical Mortgage Down Payments?
Traditional mortgage down payments have always been 10 to 25 percent of the total purchase price of the property. more
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Relocation
- Selecting a Relocation Professional
- After You Relocate
- Relocation Considerations
- Home Buyer Checklist
- Before Relocating
- The Advantages of a Short Sale
- 5 Ways to Doom a Short Sale
- When is a Home Foreclosure Your Best Option?
- 3 Ways to Avoid Foreclosure
- 4 Benefits of Facing Foreclosure
- Can Bankruptcy Stop Foreclosure?
- 5 Things to Watch Out for When Estimating Moving Costs
- Budgeting Moving
- How to Avoid Professional Moving Scams
- Hiring a Professional Mover: Getting Estimates
- Moving Insurance: It Pays to be Covered
- Moving Your Car: Money-Saving Options
- Negotiating Your Moving Company Estimate
- Budgeting for Your Military Move
- Save Money on Your Move
- Moving Estimate Terms Explained
- How to Deal with Damages from Moving
- Comparing Moving Company Rates
- Financial Benefits of Using a "Small Mover"
- Questions to Ask Moving Companies
- Estimating Your Moving Costs
- 3 Ways to Avoid Internet Moving Scams
- Hidden Costs of Moving
- Moving Insurance Coverage Options
- Choosing a Mover: Money Matters
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Mortgages
In addition to mortgage loans for home purchases, there are also other loans available for various purposes that use the home for collateral.
Rates
Mortgage interest rates are determined by credit history strength, the number of points you pay, the size of your down payment and the type of loan program you choose.
Home Buying
Obtaining funding is crucial to buying a home. This requires applying for a mortgage, choosing a house that meets the appraisal standards, and determining the amount of the down payment.
Loans
There are dozens of different types of mortgage loan programs. They have been created to suit the varying needs of homebuyers.
Moving
When making a big move, it's essential to find out as much as possible about the schools, the neighborhoods, the housing costs and the community resources.
MORE MORTGAGE ARTICLES
Home Equity Loans for People with Bad Credit
It is possible, although difficult, to obtain home equity loans for people with bad credit. The tightening of credit requirements in the wake of the banking and credit crisis have made banks less willing to extend credit terms to borrowers with bad credit. A homeowner who has a bad credit rating will need to do a lot of work to convince a lender that he/she is creditworthy and responsible enough to obtain that loan. more
Short Selling a Rental Property
If you intend to sell a rental property, you will need to understand how the short selling works, what it means for your mortgage and how it affects your taxes. more
- 3 Warning Signs of Loan Modification Scams
- FHA Eligibility with Bankruptcy and Foreclosure
- 3 Common Short Sale Mistakes
- How to Get Approved for an FHA Loan despite Bad Credit
- Alternatives to Getting a 2nd Mortgage
- 3 Factors that Can Negatively Affect Your Mortgage Application
- 3 Reasons Banks Reject Short Sales
- What Lenders Don't Reveal About Home Equity Loans
- What To Do When Mortgages Default
- Should You Refinance? Make Sure the Timing is Right
- Appraisal Basics
- Second Mortgages: Advantages and Disadvantages
- FHA Loans for a First-Time Home Buyer
- Low Down Payment Loan Qualification
The Mortgage101 Blog
Mortgage Interest Rates Hit New Record Low
Interest rates on long-term mortgage loans fell to a new all-time record low this week, according to mortgage finance company Freddie Mac, as investors responded to troubling economic news. The average rate on a 30-year fixed rate loan, excluding points, dropped to 3.87 percent, the lowest rate on record in Freddie Mac’s 40-plus year mortgage survey.... more