Friday, September 3, 2010

Mortgage and Loans - Mortgage Refinance, Home Loans

Mortgage and Loans - Mortgage Refinance, Home Loans

“Marry Me” – Touching Commercial (Thai Insurance)

Posted: 03 Sep 2010 07:10 AM PDT

Just a reminder of how lucky some of us are.

How do you obtain health insurance, for someone who is already in the hospital?

Posted: 03 Sep 2010 05:04 AM PDT

Hello,

My friend is already in the hospital. He was in a car accident. He does not have insurance, but I am trying to provide some kind of coverage for him. Most health insurance companies will not cover someone who is already in the hospital. And he does not qualify for Medi-Cal. So are there any other options available out there, so that he can get the surgery he needs?

Loan Modification, Home Loan Modification, Mortgage Loan Modification, Mortgage Modification

Posted: 03 Sep 2010 02:23 AM PDT

realestatemarketingthisweek.com – Watch out for scams; huge fees for Loan Modifications — Part 7 – Important to point out folks that Velocity Financial is a full service mortgage broker, the majority of our business is writing and originating and underwriting mortgage loans for homeowners, people to buy real-estate, people to refinance their homes, people can still refinance out there, loan modifications are not for everybody, in fact they are for a small segment of the market. Im the founder of the Modification Hotline and we put that in place to help people right now, people dont need a salesman when it comes to these loan modifications, I heard a story today from a home owner that I just couldnt believe, this person that is trying to get loan modification told them that she had to pay them 00 a month for 4 months and by the time she was finished paying them they guaranteed her some kind of ridiculous, I just dont understand why it is like that. Right now we need to help you get through the situation, we are here for you, we are going to do everything in our power with our national network of attorneys, who are expert negotiators, so it is important that you call. I just want to make the distinction so it is clear for everybody, Velocity Financial is a full service mortgage firm, all things mortgage related and the concept of todays show being loan modification program is a division of something that you kind of created and had some foresight about all of these …

Keiser Report №63: Markets! Finance! Scandal!

Posted: 02 Sep 2010 07:17 PM PDT

On this edition of the Keiser Report, Max and co-host Stacy Herbert look at the latest scandals of fetishes for black swans; American youth unconcerned by the coming collapse of their Social Security they bought and paid for; Tony Blair’s 2007 photo op with Colonel Gaddafi and the farting camels of Tripoli. In the second half of the show, Max talks to Ned Naylor-Leyland of Cheviot Asset Management about the silver market.

Refinancing A Home Loan

Posted: 02 Sep 2010 03:59 PM PDT

A common market tendency is that of refinancing an existent home loan whenever the interest rates fall. Variable or floating interest rates allow for such changes because savings can be really considerable with the monthly payment. Even so, don’t treat the matter of refinancing home lightly, because you can find yourself in trouble. Some people even choose to refinance twice or even three times over just a few years. Are the savings worth it?

Keep in mind that loss is the other side of the coin when it comes to refinancing home loan. You may in fact reduce the monthly payment, but you add up more principal to the loan or you extend its life. The lender allows you to pay less but in fact changes the conditions of the loan, increasing the repayment interval. Refinancing is possible for both variable and fixed home loans but there are considerable differences between the mortgage types. Plus, you need to fully understand the terms of the loan before signing any new agreement.

Lenders make money by providing services, and this means that nobody is going to do you any favor. You will therefore be charged a fee for refinancing home loan. The loan is normally defined by upfront costs, and you should be wary in case no fees are charged. When you get a free refinancing home loan strategy, you can actually be exposed to higher loan fees and interest rates afterwards. True no-costs solutions for refinancing home loans are available with just a limited number of banks. Inquire about the Good Faith Estimate before moving on with the refinancing.

Among the most common types of fees charged when refinancing home loan we can mention loan origination, application, administration, processing, appraisal, title policy, credit report, re-conveyance and even recording and tax service. You can negotiate some of these fees directly with the lender, as it is the case with processing, application or administration.

Fees make refinancing home loans very little advantageous. Make sure that you really make savings in comparison with the older mortgage. The fees could be higher than $4,000, and you have to determine the monthly savings to see how long it takes before you can break even on the refinance. How can you tell that a certain solution is right?

Posted by Blogku at 7:23 AM

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