Category Archives: Mortgages

Home Renovation Loans for Repair and Maintenance

Home Renovation Loans for Repair and Maintenance

By 
Keeping your home neat and clean is an everyday thing that you should do. On a regular basis, like monthly, you could check the different parts of your home like the water system, electricity, heating and cooling. It is important to keep these running smoothly and maintain them properly rather than not have it checked and have to replace major things. You might have to do some home renovations. Repairs in your home can be expensive. However, they are worth it. There are some things that need to be fixed immediately and you cannot put off. There are others that you can save for.

If you intend to sell your home in the near future then getting these

How VA Mortgage Loans Work

How VA Mortgage Loans Work
By  VA mortgage loans are only for veterans of the military, whether from the four branches of the military or even the national guard or reserves. Also, spouses of the veterans can use the benefits if the veteran passes away, as long as they do not remarry. VA stands for Veterans Administration because it is the Department of Veterans Affairs that guarantees the loans. A few of the key benefits of a VA mortgage is that no down payment is required when purchasing a home, there is no mortgage insurance associated with a

Home Mortgage Interest Tax Deduction

Filing Taxes - Home Mortgage Interest Tax Deduction By J W Schroeder How Homeowners Can Get The Maximum Tax Refund Owning a home. Ask any homeowner what's so great about owning versus renting, and most will say "the tax deductions!" That's right because all homeowners who itemize their taxes are able to deduct 100% of their mortgage interest and property taxes from their income tax returns. But how do you maximize tax deductions and get the maximum tax refund for homeowners? If you don't own a home yet, there may be good reasons, but the advantages of owning a home far outweigh renting. There are really only two reasons not to own a home-you may live rent free with your parents or

How to Get Your First Mortgage

How to Get Your First Mortgage
By Peter Miller | Loans | When it comes to lifetime markers getting a first mortgage is a major event. With a mortgage you''re magically transformed from occupant to owner and from tenant to titleholder. Applying for a mortgage used to be seen as a battle of sorts, a competition where the only winners were those who sold headache remedies and paper by the truckload. But now finding the right mortgage is faster and easier than ever -- but only if you know how to make the system work for you. If you compare loan applications today with the ordeals of even ten years ago you can see a marked difference.
  1. It used to take days if not weeks to obtain a credit report. Meanwhile a mortgage

Use Your Mortgage to Save Money

Use Your Mortgage to Save Money
By Maya Pavlovski | Loans | So you have finally bought that home you were searching for. You have organized a Home Loan, have moved in and are enjoying your new life. As months go on and the bills start piling up you are probably asking yourself is there anything that can be done to help you meet all your repayment obligations and still allow you to keep your own home. Naturally, the answer is YES.The following are a few effective strategies to help you save money with your mortgage: Consolidate your Debts If as well as paying your mortgage you are also paying off a number of unsecured debts such as credit cards, charge cards, personal loans etc. you are probably

Should You Refinance Again?

Should You Refinance Again? By: Kirk Haverkamp - MortgageLoan.com The way mortgage rates have been falling the past three years, a lot of homeowners are not only refinancing their mortgages, they’re doing it for a second or even a third time, maybe more. Should you join them? Many homeowners are leery of refinancing again because they’ve heard it’s not a good idea to refinance too often. And that’s true – continually refinancing in pursuit of ever-lower mortgage rates can be a recipe for financial disaster, piling up origination fees faster than you can pay down your mortgage by refinancing. The key though, isn’t how often you refinance but how much you save by refinancing. If you can