Thursday, March 17, 2011

Mortgage and Loans - Mortgage Refinance, Home Loans

Mortgage and Loans - Mortgage Refinance, Home Loans

Loans For Tenants Described

Posted: 17 Mar 2011 01:25 AM PDT

Unsecured tenant loans are loans that are offered to people who have nothing to put up as collateral. Unsecured refers to the fact that these loans are not secured by collateral of any sort. Most people offer up some valuable asset as collateral to get a loan. I know a friend who didn’t have a very high salary but owned a reasonably expensive bracelet. And often times, when he would be broke at the end of the month (happens to the best of us!) he would just pawn the bracelet and comfortably sail through those dreaded last few month-end days! Such is the convenience offered by collateral. But bear in mind, do not make a habit out of this. Loans against valuables should be taken only if absolutely necessary. But what if an absolutely necessary situation does show up? Like for instance a great deal on a house that would be perfect for you and has a very comfortable mortgage plan and you see yourself owning it in twenty years, but do not have the cash for a down payment. In such a situation, unsecured personal loans (tenant) can come to your rescue. http://www.fastnocreditcheckloans.co.uk/bad-credit-history/best-personal-loans-for-people-with-bad-credit.html

Usually, the collateral put up by people who are borrowing huge amounts of money is in the form of a house. The tenant loans are called so because they are mostly availed of by people who don’t have their own houses, that is, they are tenants. A tenant loan can be obtained relatively fast, but be prepared to shell out higher interest payments. This is done to dissuade potential defaulters, even though the loan can be taken by people with a bad credit record. And tenant loans are offered only to employed people who have been employed for a certain period of time and with a certain minimum regular salary. The applicants for loans must prove their ability to pay off the loans within reasonable amount of time. This can be especially helpful for those who have bad credit yet need money for an emergency. Though I advice against borrowing money when you already have a loan to pay off, I would say taking loans for debt consolidation would be a good idea. It is a pretty common reason why people borrow tenant loans.

Earthquake Insurance

Posted: 17 Mar 2011 12:58 AM PDT

If you are considering buying it, the CBC reports on what to look for and how to figure out if it is worth it for you.

Homepath Loans – Kent Wenzel Quicken Loans

Posted: 17 Mar 2011 12:58 AM PDT

What is a Homepath loan? Quicken Loans President’s Club banker, Kent Wenzel, gives some insight into the details and benefits of Homepath loans.

Difference– Mortgage Broker and a Mortgage Lender

Posted: 16 Mar 2011 06:42 PM PDT

Mortgage Broker and Mortgage Lender, aren’t they the same thing? Randy Morrow Keller Williams Virginia asks this question of Ed DeCarlo McLean Mortgage..

How can I estimate homeowners insurance when I haven't found a home?

Posted: 16 Mar 2011 06:42 PM PDT

I’m trying to determine how much house I can afford to buy–but I need to know how much homeowners insurance and taxes are. Is there an easy way to estimate this?

Mortgage market and interest rate commentary for Friday April 2, 2010

Posted: 16 Mar 2011 06:42 PM PDT

Mortgage market and interest rate commentary from Bruce Brown, CMPS with Pulaski Bank Home Lending and radio host of Dollars and Homes on KCMO Talk Radio 710 in Kansas City.

Posted by Blogku at 7:20 AM

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