What Are Typical Mortgage Down Payments?

Traditional mortgage down payments have always been 10 to 25 percent of the total purchase price of the property. more

Second Mortgages: Advantages and Disadvantages

A second mortgage is a loan taken out against the value of your property, in addition to your primary mortgage. These loans can offer great benefits, but they certainly come attached with some large risks as well. more

What To Do When Mortgages Default

Mortgages default every day in the world and they are just a normal part of the business for mortgage lenders. There are a certain number of mortgages that will default every year and it is planned for accordingly. While it is common business practice for lenders, it can be devastating for you individually. If you default on a mortgage, it can ruin your credit and your financial outlook for the future. Mortgage default is a major setback for you, but it is not the end of the road. If you are faced with a default on your home, you can take measures to get back in good standing with the lender. more

• 3 Factors that Can Negatively Affect Your Mortgage Application
• Should You Refinance? Make Sure the Timing is Right
• How to Get Approved for an FHA Loan despite Bad Credit
• Alternatives to Getting a 2nd Mortgage
• 3 Reasons Banks Reject Short Sales
• Short Selling a Rental Property
• 3 Warning Signs of Loan Modification Scams
• Home Equity Loans for People with Bad Credit
• FHA Eligibility with Bankruptcy and Foreclosure
• FHA Loans for a First-Time Home Buyer
• Appraisal Basics
• 3 Common Short Sale Mistakes
• Low Down Payment Loan Qualification
• What Lenders Don't Reveal About Home Equity Loans