mortgage: Interest Only Payment Option - Is It Right For You? - 08/27/08 02:13 PM
INTEREST ONLY PAYMENT CALCULATOR *CLICK HERE*Computes the monthly savings for and Interest Only Payment Loan!
What is an Interest Only Loan?An interest-only loan program is a loan program that has an interest-only payment option. The loan can be a fixed rate or variable rate program. The interest only monthly payment
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mortgage: The Mortgage Loan Process - Crawfordsville and Monticello Indiana - 08/27/08 01:47 PM
Organize Your Documents
A properly documented loan application makes your loan process go smoothly. This checklist will help you gather your paperwork.
Complete and sign the residential loan application, Form 1003, and the attached loan info sheet, credit authorization and fair lending notice. Page 5 of the application is a
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mortgage: Stratgies For Savvy Sellers - 08/26/08 02:24 PM
If you are thinking of putting your house on the market this summer, you will find yourself competing with some tough company. Increased foreclosures, builders spec homes and fall out properties, as well as short sales are increasing inventories. With this in mind here are a few pointers to help you
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mortgage: 100% Financing Is Still Available - 08/26/08 02:13 PM
Even with all the challenges surrounding FHA and conventional lending there still are two 100% choices. Following is a terrific loan that is geographic specific:
USDA Rural Housing Guaranteed Loan
100% financing
No monthly mortgage insurance
Fixed rate
Property must be outside the city limits of Lafayette/West Lafayette-small towns such
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mortgage: Practical Tips to Enhance Your Financial Freedom - 08/26/08 01:13 PM
IRS Pumps up the Savings
Rocketing gas prices this year have prompted the Internal Revenue Service to increase the standard mileage-rate deduction for qualifying business-related driving expenses by 8 cents per mile. This means that the rate in effect for the first half of 2008 (January 1 to June 30),
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mortgage: Indiana Mortgage Blog - Views You Can Use! - 08/26/08 11:39 AM
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mortgage: Safely Clearing Tough Hurdles - 08/26/08 11:14 AM
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mortgage: Need help deciding between a 15 or 30 year Indiana mortgage? - 07/08/08 03:16 PM
As you begin the process of buying a new home, there will be several financing decisions that you will need to make.
One of them, is whether you will get a 15 or 30 year mortgage. There are pros and cons of both.
In a 30 year mortgage you have 30
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mortgage: Planning Your Lafayette Indiana Mortgage and Seeking Pre-Approval - 07/08/08 09:42 AM
The Benefits of a Professional Consultant
Choosing a good lender is a key element in managing your mortgage. A professional consultant won't just provide a loan, they will help you select the one most beneficial to you and your long-term goals, and then, help you manage that debt over time. There
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mortgage: Quick Tips for Getting Started on Your Indiana Refinance - 07/01/08 03:07 PM
Quick Tips for Getting Started on Your Refinance
When you refinance your existing mortgage, you are essentially paying off the existing mortgage debt and replacing it with a new loan. Many of the same costs are involved in refinancing a loan as are in first-time financing.
To start with, the lender
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mortgage: Avoid Financial Changes During the Home Loan Process in Indiana - 07/01/08 02:45 PM
Once your loan package has been sent to the lender, there are a number of things you should avoid doing that may change your financial picture. Remember, the lender is looking for stability and consistency. If you want the best interest rate, keep that in mind. Here are a few things
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mortgage: Credit Tips to Score a Lower Interest Rate on Your Indiana Mortgage Loan - 07/01/08 02:31 PM
In a mortgage lender's eyes, a good credit score translates into lower interest rates for home-shopping borrowers. The higher your score is, the less risk you are, and the more likely it is you will pay off your debt. For this reason, borrowers with lower scores usually end up paying higher
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mortgage: Lafayette & West Lafayette Indiana - How Much Money Should You Borrow? - 07/01/08 11:52 AM
While it might be tempting to borrow whatever amount of money your lender is willing to give you, it's important to think carefully about how much you'll actually need to borrow in order to purchase a new home. From the down payment to taxes to insurance and interest rates, there are
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mortgage: Writing the NEHEMIAH® Offer - Indiana - 06/19/08 03:49 PM
NEHEMIAH® Gift Funding for down payment assistance is available for any buyer who qualifies for an FHA mortgage loan. Typically, most buyers request the minimum down payment assistance of 3% however; the gift can be up to 6% in assistance or can be used to supplement a down payment. For instance,
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mortgage: Tippecanoe Mortgage, Lafayette & West Lafayette Home Loans - 05/29/08 11:01 AM
Offering Indiana mortgage and refinance loans at competitve current interest rates - We are a local mortgage company with a Nationwide reach. We have the right loan program for you --- Conventional home loans, New-Construction loans, FHA, VA, USDA Rural Housing, Government loan programs, First-Time Homebuyer loans, $0 Down loans, Down Payment Assistance programs, Reverse
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mortgage: Lafayette & West Lafayette, Indiana - The Benefits of Home Ownership - 02/20/08 10:15 AM
Credit:Owning a home helps you establish financial credibility.
Independence:Owning your own home provides you with independence and more privacy than renting. You are free to paint walls, plant flowers, keep pets and anything else within legal bounds.
Investment:As you make more payments and own more of your home, you add
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mortgage: Lafayette & West Lafayette, Indiana - Clean Up Your Credit or Forget It - 02/20/08 09:43 AM
Just when home prices and interest rates are really starting to look attractive, Fannie Mae and Freddie Mac announced increased delivery fees and new Loan-Level Price Adjustments, making credit much more expensive for potential homebuyers and homeowners looking to refinance. These increased fees are mandatory and have nothing to
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mortgage: Lafayette & West Lafayette, Indiana - Overview of the Home Buying Process - 02/20/08 09:13 AM
Your Local Mortgage Services: David MennenMortgage Loan Consultant,OwnerTippecanoe Mortgage, Inc.1221 S. Creasy Lane, Suite JLafayette, IN 47905Direct: 765-448-3200Fax: 765-448-6398Email: dmennen@tippecanoemortgage.comWebsite: http://www.davidmennen.com/ Local Mortgage services for Greater Lafayette, West Lafayette Indiana, Purdue, Tippecanoe County, and the surrounding areas. Local Service with internet rates! Free Quotes! Visit my website for great financial information. http://www.davidmennen.com/
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mortgage: Loophole for Telemarketers - 02/19/08 10:19 AM
Thanks to the Federal Trade Commission's Do Not Call Registry, 150 million Americans have enjoyed far fewer unwanted sales calls over the last few years. It hasn't been perfect, but progress has clearly been made due to this important program. But, just when you thought it was safe
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mortgage: Lafayette & West Lafayette Indiana - FHA Mortgages: Streamline Refinance - 02/19/08 09:36 AM
If you have followed the financial or political news at all this year you are aware that the housing market has been thrown into turmoil. Lenders are going out of business right and left as well as credit is getting very tight and more difficult to obtain. The good news
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