Loans Archive

Single Parent College Loans North Dakota

Students within North Dakota who are planning to advance their opportunities by entering college in pursuit of a degree have various loan offers to choose if it is necessary to top up the amount available …

Biggest Drawbacks of a Reverse Mortgage

Reverse mortgages are advertised as the universal panacea for cash-strapped persons over the age of 62. Instead of you making payments towards your home, you receive payments for as long as you live there from …

Importance of Apr and Calculating it

APR = annual percentage rate, basically what it will cost you to borrow something, shown as a yearly rate %, can be used to compare many lenders (only when you compare the same type of …

40 Year Mortgage

A 40-year mortgage seems seductively straightforward; increase the repayment period and reduce the monthly burden on the pocket. Indeed, the primary aim of the longer mortgage is to reduce the burden of monthly home loan payments. However, there are several attendant …

Should i take a Personal Loan

The first question that you should ask yourself before taking out a loan is “do I need this loan?” Using a loan to fund a purchase is an expensive way to obtain an item. It …

Top Mortgage Mistakes to Avoid

With the global recession having hit hard, many individuals are finding it increasingly difficult to get a foot onto the property ladder, due to lenders tightening their lending criteria. For those who are successful in …

Single Parent College Loans Colorado

When considering a return to education by attending one of the colleges within Colorado, you may be able to top up loans with state assistance too. Most of the colleges themselves have some kind of …

How to get a Mortgage Approval

In order to buy one’s dream home, a mortgage approval is necessary for all but cash buyers. As a mortgages is a long-term financial commitment, it is important to not only obtain mortgage approval, but …

Christmas Crunch 2008

Answer to the Christmas Crunch 2008 In my opinion, there is only one answer to the Christmas crunch this year. There is absolutely no need for anyone to take a loan out anywhere for the …

Single Parent College Loans Alabama

Alabama is officially recognized as being one of the poorest states in the nation, with 82% of children who live at or below the poverty line belonging to a single parent household. Many of these …

Refinance Mortgage

This question is one of the most important questions a homeowner should ask themselves. Should you refinance your mortgage?  Why is this so important?  There may not be a simple answer for someone who needs …

Loans – No

Free market exists when neither the buyer or seller are not coerced by a third party to make decisions about the goods being bought or sold. In the payday loan business, the third party is …

How Foreclosures Work

Foreclosure is a scary word and an even more frightening reality for many homeowners nationwide. However, knowing how the foreclosure process works is the first step in knowing how to stop it. While specific foreclosure …

Kansas Single Parent College Loans

Single parents looking to return to education are receiving much more encouragement these days as it gives them the chance to improve their opportunities. Financial restraints are often the key factor which prevents them. Grants, …

Explaining the Concept of the Reverse Mortgage

Home Equity Conversion (HECM) or reverse mortgage is a Federal Housing Administration (FHA) insured program for house rich, and cash poor older homeowners. In 1987, reverse mortgages became available, by US Housing and Urban Development …

Pros and Cons of a 40 Year Mortgage

Everyone dreams of owning their own home, and a 40 year mortgage can help to turn the dream into a reality. However, as with all financial arrangements, it’s important to check out all the implications …

Low Cost Payday Cash Advances

Low Cost Payday Loans An emergency arrives and a person needs funds prior to payday. The Cash advance stores on each corner may appear to provide the solution, but should be the last resort.  These …

Pros and Cons of a Home Equity Loan

Home equity loans represent one of the ways to utilize the unrealized market value of one of your best assets – your home. Equity, in this context, is the difference between what you owe on …

Interest only Mortgages

Why I like Interest Only Mortgages You may have heard pundits on financial shows or in the paper or magazines warning against those horrible, ruin your finances, force you into foreclosure, interest only mortgages! Well, …

Managing Student Loans

The price of going to college, even to a community college, has increased to the point that many collegiates are unable to complete their educations without getting student loans to assist them. There are many …

Tax Consequences of Foreclosure

The American dream is to own you own “Home Sweet Home.” Sometimes the American dream can turn into a nightmare when homeowners face financial difficulties that make it impossible for them to stay current on …

How to Choose a Mortgage Lender

A lender is the kind of person who may or may not get you what you want, by way of finances, with regards to a home. To receive the best offer that involves a legal …

What are Subprime Mortgages

In the fall of 2008, financial institutions previously thought to be “too big to fail” teetered precariously on the edge of bankruptcy. In England, banks quailed as customers rushed to withdraw money from the failed Northern Rock …

Steps Involved in Home Loan Refinancing

It makes sense to refinance your home mortgage loan if the interest rate you currently pay is higher than other offers which are available. The steps involved in refinancing are remarkably similar to those involved …

Beg and Borrow for Christmas

As I have grown older, I see too much emphasis on keeping up with what marketers can offer us and our vain attempts to do so. The media lays a major league guilt trip on …

How Foreclosure Works

How foreclosures works There is more than one reason why a house is placed in foreclosure. The primary reason is nonpayment  on a mortgage loan. Other reasons include past due taxes that evolve into tax liens and past due …