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
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Relocation
- Selecting a Relocation Professional
- After You Relocate
- Relocation Considerations
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- Before Relocating
- The Advantages of a Short Sale
- 5 Ways to Doom a Short Sale
- When is a Home Foreclosure Your Best Option?
- 3 Ways to Avoid Foreclosure
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- Can Bankruptcy Stop Foreclosure?
- 5 Things to Watch Out for When Estimating Moving Costs
- Budgeting Moving
- How to Avoid Professional Moving Scams
- Hiring a Professional Mover: Getting Estimates
- Moving Insurance: It Pays to be Covered
- Moving Your Car: Money-Saving Options
- Negotiating Your Moving Company Estimate
- Budgeting for Your Military Move
- Save Money on Your Move
- Moving Estimate Terms Explained
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- Comparing Moving Company Rates
- Financial Benefits of Using a "Small Mover"
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- Estimating Your Moving Costs
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- Choosing a Mover: Money Matters
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Mortgages
In addition to mortgage loans for home purchases, there are also other loans available for various purposes that use the home for collateral.
Rates
Mortgage interest rates are determined by credit history strength, the number of points you pay, the size of your down payment and the type of loan program you choose.
Home Buying
Obtaining funding is crucial to buying a home. This requires applying for a mortgage, choosing a house that meets the appraisal standards, and determining the amount of the down payment.
Loans
There are dozens of different types of mortgage loan programs. They have been created to suit the varying needs of homebuyers.
Moving
When making a big move, it's essential to find out as much as possible about the schools, the neighborhoods, the housing costs and the community resources.
MORE MORTGAGE ARTICLES
Low Down Payment Loan Qualification
In order to qualify for a low down payment loan, you typically must have a good credit history, sufficient income for the monthly mortgage payments, and enough money for closing costs, among other things. more
Home Equity Loans for People with Bad Credit
It is possible, although difficult, to obtain home equity loans for people with bad credit. The tightening of credit requirements in the wake of the banking and credit crisis have made banks less willing to extend credit terms to borrowers with bad credit. A homeowner who has a bad credit rating will need to do a lot of work to convince a lender that he/she is creditworthy and responsible enough to obtain that loan. more
- What Lenders Don't Reveal About Home Equity Loans
- 3 Factors that Can Negatively Affect Your Mortgage Application
- Alternatives to Getting a 2nd Mortgage
- How to Get Approved for an FHA Loan despite Bad Credit
- 3 Reasons Banks Reject Short Sales
- Second Mortgages: Advantages and Disadvantages
- FHA Loans for a First-Time Home Buyer
- 3 Warning Signs of Loan Modification Scams
- 3 Common Short Sale Mistakes
- Short Selling a Rental Property
- Appraisal Basics
- What To Do When Mortgages Default
- FHA Eligibility with Bankruptcy and Foreclosure
- Should You Refinance? Make Sure the Timing is Right
The Mortgage101 Blog
Fannie Mae Predicts Another Slow Year in Housing Market
Home sales are likely to be relatively flat in 2012 compared with last year, according to comments from Fannie Mae’s Vice president and chief economist Doug Duncan. Even though there have been signs of mild improvement in the economy, and low interest rates and home prices have prevailed for years now, there is still little demand... more