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1. | Benefits of Cash Out Refinancing for Debt Consolidation
No matter how good our intentions are, with the "Gotta Have It!" society we live in, even the most diligent of us sometimes over-do on debt, especially on credit cards or other non- appreciable debt in the form of installment loans. One popular and ...
[Added: 25 Dec 2006 Hits: 31 Words: 705]
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2. | Categories of Mortgage Refinancing
Borrowers take out mortgage loans primarily for one of two reasons- either to purchase a home or to refinance an existing property.
In refinancing an existing property, three categories of property are possible, all of ...
[Added: 25 Dec 2006 Hits: 38 Words: 398]
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3. | Lease Option To Buy Explained
When a renter signs a lease with an option to purchase a property for a specific price within a certain time frame, that is called a lease option. In most lease-option situations, a portion of the rent is applied to a future down payment. Lease options are most popular ...
[Added: 10 Nov 2006 Hits: 20 Words: 497]
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4. | Should I Refinance my Mortgage
You should always weight the risk of refinancing
your mortgage . Best way to do this is to work with one of our online calculators. By putting the numbers in you will see instantly weither or not it would be worth looking into refinancing.
This is also ...
[Added: 10 Nov 2006 Hits: 42 Words: 370]
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5. | Conforming vs NonConforming Mortgage
There are two general categories into which mortgages fall- conforming and non- conforming. Both are viable loan programs, depending on the borrower's needs and qualifications.
Conforming mortgages derive thier name because they "conform" to Fannie Mae (FNMA) or Freedie Mac (FHLMC) ...
[Added: 29 Oct 2006 Hits: 82 Words: 427]
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6. | Main Qualifying Factors for Refinancing
There are 3 main qualifying factors used to qualify a borrower for a mortgage loan : EQUITY, INCOME and CREDIT.
Everyone seems to be so concerned with the interest rate on their loan and how to get the lowest one possible. The answer is simple. ...
[Added: 27 Oct 2006 Hits: 27 Words: 866]
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7. | Preparing your Home for an Appraisal
An appraisal of your home by a licensed Appraiser will be a requirement from any lender before a mortgage loan will be approved. If you have had an appraisal done within the last 6 months, many lenders will allow that to be used. If you have no idea ...
[Added: 27 Oct 2006 Hits: 28 Words: 364]
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