Monday, March 28, 2011

Mortgage and Loans - Mortgage Refinance, Home Loans

Mortgage and Loans - Mortgage Refinance, Home Loans

How do I become a horse insurance specialist?

Posted: 27 Mar 2011 09:52 PM PDT

How do I become a horse insurance specialist?? I am studying to be a general lines (everything from cars to boats) insurance agent in Florida. However, I go to the thoroughbred horse track almost everyday to visit my dad who trains 25 horses. One day it came to me that race horses need insurance also, so it would compliment my current situation to become a horse insurance specialist also??? How do I start????

Mobile Home Loan: How To Get Qualified For One Today

Posted: 27 Mar 2011 09:44 PM PDT

Many hopeful homeowners wonder how to get a mobile home loan. Exactly how does an individual get a loan for a mobile home in these days ? The simple answer is, “with significant difficulty.” The bottom line is, it is not really easy to get a loan for a manufactured home in today’s difficult financial market conditions.

Having said that, it’s clearly not hopeless. If you understand what you are doing. Here are several “secrets” that will probably help you.

1. Identify Precisely What You Are Financing

People commonly use manufactured home, mobile home, and modular home interchangeably. But they are not the same thing.

Well, in truth, for our purposes in this article, a manufactured home and a mobile home may be referred as the same. Manufactured homes were during the past generally known as mobile homes, are made in a manufacturing facility, have a permanent steel chassis, and are commonly hauled on their own wheels. They are installed on either a temporary or permanent foundation.

A modular home is comparable to a mobile home in that it is constructed in a facility, but it does not have a chassis or wheels. Instead, it is built in pieces, and those are hauled to the building site where they are assembled on a foundation.

Why is this significant? Because a bank, credit union or lending institution is going to look at a manufactured home in different ways than a modular home. They will definitely consider a manufactured home as much more high-risk, because it can be moved.

2. Know Where To Uncover A Loan Provider

Right now there are only a a small number of of national lenders that will still give a home loan for a mobile home. There are a few regional lenders still giving mobile home mortgages, and it’s conceivable your own bank could finance you if they know you.

3. Fully Understand What Type Of Loan You Require

For a manufactured home, you will find 3 common loans out there. A conforming loan is the most arduous to get, with the lowest annual percentage rates, but your home must be placed on a permanent foundation on property you own. A non-conforming loan is less difficult to get by combining your property and home into the funding. A chattel loan is available in the market for homeowners who do not actually own the land.

4. The Bigger Your Down Payment The Better

More than in traditional or even modular home funding, your down payment really makes a tremendous impact in financing your manufactured home. Mortgage companies like to know you carry an investment in your new house. The more YOU have to lose, the better they like it.

5. Mobile Home Community In House Financing

An alternative means of financing to investigate is in-house *manufactured home financing* obtainable from manufactured home communities themselves. When a mobile home park is the owner of a house located its park it is hoping to sell off, there is much less liability involved in selling the property. Should you have poor credit, or an volatile work record, the seller just isn’t that apprehensive. One manufactured home park owner I interviewed for this review said his only requirement is that the purchaser have “about $500 as a down payment and is breathing.”

These are some of the essential points to know before you try to get a manufactured home loan. For more comprehensive information, as well as info on how to profitably use a mobile home preapproved mortgage loan, other resources and an in-house funding plan available in numerous states, visit us at mobile home loan.

Mortgage market and interest rate update for Monday, February 16, 2009

Posted: 27 Mar 2011 07:49 PM PDT

Mortgage market and interest rate update from Bruce Brown, CMPS with First Security Mortgage and radio host of Dollars and Homes on KCMO Talk Radio 710 in Kansas City.

Gruen Nation | Ep. 3 | The Pitch: Republic of Everyone | Wednesday @ 9pm on ABC1

Posted: 27 Mar 2011 02:22 PM PDT

The Pitch: Republic of Everyone’s pro-Greens ad Gruen Nation, Wednesday @ 9 pm on ABC1 and Thursday @ 8.30 pm on ABC2

A Concise Review Of Individual Voluntary Arrangements

Posted: 27 Mar 2011 08:08 AM PDT

In the United Kingdom, Individual Voluntary Arrangements are commonly practiced as an alternative to filing for bankruptcy. It is an official contract made between creditors and debtors; the agreement is legally binding. It lets a debtor become debt free with convenience and saves him from the stigma of insolvency; it allows the creditor recover as much debt as possible from a debtor who is on the threshold of bankruptcy.

If you think that entering Individual Voluntary Arrangements will be ideal for you, you must first contact a professional practitioner and discuss your situation with him. He will be able to tell you whether the option is best for you. You need to put forward details about your income and assets to enable the practitioner draw a document regarding how you are going to pay off your debts and how much you need to pay each month. After that, your Insolvency Practitioner will settle the matter with your creditors and if your creditors agree to the module, your IVA is in place. http://www.fastnocreditcheckloans.co.uk/unsecured-personal-loans-bad-credit-advice.html 

However, it is worthwhile to cast a glance at the conditions that make you eligible for Individual Voluntary Arrangements.
1. Your unsecured debt amount must be more than 15000 pounds.
2. You must be a debtor to at least three different creditors.
3. You must have a regular source of revenue arising from employment.
4. If you are a home owner, your mortgage payments will be considered as expenditure cost.
5. If your circumstances change in course of IVA, the Insolvency Practitioner will proceed on your behalf and present a redrafted proposal to your creditors.
So, you can apply for Individual Voluntary Arrangements only if you fulfill these conditions.

After the arrangement is made, you have to pay a certain amount of money to your Insolvency Practitioner. The practitioner will deduct his monthly fee from the amount thus handed over and then break up the remaining amount to pay off your creditors. If the payment is done like this on a regular basis, you will become debt-free in a period of five years. http://www.fastnocreditcheckloans.co.uk

There are many benefits associated with Individual Voluntary Arrangements. They are:
• Your debts will be frozen once you enter your IVA. No interest will be added and legal proceedings on you will be stopped.
• You will be allowed to keep hold of your assets so long as they are not considered to be excesses.
• Only disposable income will be taken into consideration while your income is ascertained for Individual Voluntary Arrangements. So, you are free to pay for your food and lodging and some entertainment while you are in IVA.
• It is strictly confidential and very few people are likely to ever know about your IVA set-up.
• You will no more be harassed by your unsecured creditors.
• A share of your debt will be canceled and disregarded.

Posted by Blogku at 7:22 AM

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