1. Should I pay points?

  A point equaling 1% of the total loan amount- is an upfront interest fees that reduce your monthly interest rate and total interest du...

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2. SAVING FOR THE DOWN PAYMENT

Saving money for a down payment should be part of an overall program to get your finances in order prior to shopping for a home. This includes rounding up financial records, examining your spending habits...

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3. Single Wide Mobile Home Refinancing

  Single wide mobile home refinancing is virtually identical to double wide refinancing with the exception that in order to qualify for refinancing, the mobile must be valued at $20k or more. Refinancing rates are determined by the credit scor...

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4. Subprime Loans

If you have bad credit, you may not qualify for a conventional loan or a low down payment loan offered by FHA and VA. In this case, you may consider a subprime mortgage. Because of the higher risk associated with lending to borrowers that have a poor...

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5. Steps to Take After Being Denied a Mortgage Loan

  It's never fun to be turned down for a loan, but before you think you won't be able to get credit anywhere, there are some steps you can take. Lenders are required by a ...

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