Bill Polack's (bpolack) Blog

Here is some information about the Adjustable Rate Mortgage (ARM), understanding how the adjustments are made, when to consider using them and questions to ask a lender when considering an ARM.A lot of people are ambivalent about using an ARM even though, financially speaking, it’s a great short ...

What is Sub-prime loan? Sub-prime loans were programs available between 1992 and 2007 that allowed buyers and homeowners the ability to qualify for a loan when faced with credit, income or asset issues. People who worked in the industry during those times will remember the acronyms NINA (No Incom...