Articles, tagged with "negative amortization", page 4

11 Alternatives to Foreclosure in California

When you are a California home owner facing financial hardship, it is important to act immediately to protect your home from being sold at auction. California is a trust sale state, which means that your bank doesn't have to go to court prior to auctionin... Read >
Author: Michael Patrick Rooney, Esq., Broker

Home Mortgage Refinancing – How Rates and Terms Affect Overall Cost

Two of the most important aspects of home mortgage refinancing are the interest rate and the length of the repayment period. These two factors drive the overall cost of the loan you acquire. When looking at home mortgage refinancing, rates and terms... Read >
Author: Alan

Interest Rates of Floating-Rate Mortgages Rise and Fall with the Market

An adjustable-rate mortgage (ARM), also known as a floating-rate mortgage or variable-rate mortgage, has interest rates that fluctuate according to its index. The index, in turn, is influenced by the economic climate. Consequently your monthly payments wi... Read >
Author: Anita

Owning Oceanfront Property In Baja California - No Longer Just A Dream

For years, owning oceanfront property in Baja California, Mexico has been the impossible dream for Americans. Thanks to the availability of traditional, US style mortgages and the forming of land trusts, the Baja market is primed for major development. Ch... Read >
Author: Craig Delham

Is an Adjustable Rate Mortgage Good for Me?

Home buyers will find it easier to qualify for an adjustable rate mortgage over a fixed rate mortgage. Adjustable rate mortgages (ARMs), also called variable rate mortgages or floating rate mortgages, are attractive to home buyers because of their low in... Read >
Author: Karen Bellas

Learn About The Sub-Prime Mortgage Meltdown

Looks like this years spectator sport is all about the nations collapse in the sub-prime mortgage market. it seems now that each and every day we hear of someone who lost their job, a home owner who is behind on their mortgage and is about to be foreclose... Read >
Author: bryan

Sarasota Real Estate: Base Income Style

A loan on secured by Miami real estate collateral is typically known as a mortgage. This is the most popular form of real estate investment loan used by investors. Miami real estate investments provide an opportunity to generate cash flow. Apart from co... Read >
Author: Vanessa Doctor

The Benefits of the 15 Year Loan

Recently people have been interested in a lot of the more exotic loan programs from no interest loans to negative amortization. There has been some negatives associated with these loans with the changes in the mortgage industry. So I wanted to take some... Read >
Author: Ki Gray

Bad Credit Refinancing: Making An Informed Decision

Refinancing as a way to improve a bad credit situation is nothing new. What is new is the range of refinancing options now available to homeowners. Here are the three most popular types of non-traditional bad credit mortgages: 1. Interest-Only Mortgage... Read >
Author: Mike Hamel

Illinois foreclosure listing tops 11,000 addresses, Governor steps in!

Illinois foreclosure listings represent the fourth highest in the country. California is at the top of the list with 32,500 followed by Florida with approximately 27,000 listings and Colorado at roughly 11,000 filings. Combined with Illinois, these ... Read >
Author: Bob Smith

Solutions for the Subprime Lending Crisis

There are solutions for the subprime lending crisis that entail making changes to the way lenders are handling this crisis. There are distinct groups of individuals that are causing this foreclosure epidemic. First, there is the homeowner who got a "tease... Read >
Author: David Dinkel

The Real Casualties of Subprime Lending

Subprime lending has recently caused over 56 lenders to either go out of business or stop issuing subprime loans because of excessive foreclosure rates. The lending community made decisions in the last few years that dramatically eased a borrower's qualif... Read >
Author: David Dinkel

There Was This Guy Banging On The Door… Inquiring About Lis Pendens Foreclosure Action On His Home

Bobby had already determined that he and the boys could not stay in the home and crank the mortgage payment. He had four Realtors in to give a Comparative Market Analysis on the home giving some idea of a probable sales price. It didn't take long to figur... Read >
Author: Dale Rogers

Florida Mortgage: The New Option ARM

Tempting Low Payments Until recently borrowers using option ARMs would face the immediate reality of negative amortization. Starting with their first monthly bill they would be given the option of making a super low mortgage payment, far less than the ... Read >
Author: Jim Kemish

Like In The Most Horrific & Scary Movie…The Audience Cries Out…'Watch Out!!!'…While The Actors

This was somewhat palatable in a rising market, but now as the market goes sideways or even down and more borrowers are finding themselves upside down while owing more than the property is worth. Much like the movies, one might take it upon himself or her... Read >
Author: Dale Rogers

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