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mortgage : Insurance

Things to Consider While Taking Mortgage Loans

Owning a home is one of the dreams of everyone in this world and mortgage is one of the most popular options in financing your homes. . Mortgage loans typically are granted against the security of res...More...

French Mortgages - Will Your Broker Do This?

French Mortgage Xpress prides it's self on a fast and efficient service for all of its clients. We will respond to your Quotation Request in 1 working day and can have a Loan Approval within ...More...

Is a Fixed Rate Mortgage a Good Deal

A fixed rate mortgage has both positive and negative aspects to it, a lot of the decision on whether it is positive or negative will come down to your individual circumstances. Fixed rate mortgages was ... ...More...

House Prices Future Outlook

What will happen to the value of your home going forward? Why do different indices tell us different average home prices and different percentage changes in the market? We answer these questions and i...More...

Buying Points for Refinancing

One of your goals for refinancing a home loan should be to get a better deal than what you have currently. Otherwise, you could just end up with the same or an even more expensive loan, which defeats the purpose. One suggestion that the lender or broker may make is for you to buy points....More...

Are Short Sales Really Better Than Foreclosure?

Many factors have contributed to the large numbers of families presently losing their homes, but the current recession would be the biggest issue to blame. Thousands of families are facing the devastating choice of either ... ...More...

Learn to Process Your Own Loan Modification

A mortgage loan modification is where your existing lender agrees, through a series of negotiations and paperwork, to change the terms of your mortgage so that you will have an affordable payment, a r...More...

How to Collect FHA Mortgage Insurance

FHA (Federal Housing Authority) insures all mortgages with its MIP (mortgage insurance premium) program. Sometimes homes are sold in a short time, and there is a prorated amount of insurance that does not get used up. Historically, that unused portion of MIP would get prorated back to the borrower....More...

What Is the Loan Limit for FHA in Oklahoma?

An FHA-insured home loan is one financing option for Oklahoma home buyers or homeowners who want to refinance their current mortgage. The FHA provides a government guarantee to the lender for the repayment of the loan. FHA lending rules allow home buyers to purchase with a down payment as low as 3.5...More...

How to Offset Mortgage Debt to Reduce Interest

An offset mortgage allows you to reduce the amount of interest you pay on a mortgage by using a linked savings account. Interest is paid on the outstanding mortgage minus the current balance in the savings account. Though you may not receive interest payments on the linked account, the bank offsets...More...

Top Reasons to Refinance Your Mortgage

Homeowners have all sorts of reasons for refinancing their mortgage, and there are a variety of remortgage deals out there, which is why experts advise you to compare mortgage deals before refinancing...More...

How Do I Get a 1098 Mortgage Interest Statement for the IRS?

There are many benefits to owning a house, including the fact that the interest on your mortgage payments is tax deductible. To take advantage of these tax benefits, though, you'll need to claim the interest reported on your Form 1098, Mortgage Interest Statement, when you file your 1040 tax return ...More...

Repairs to Get a House Up to FHA Appraisal Standards

FHA requires certain repairs for mortgage insurance.tool bag and tools 1 image by Warren Millar from Fotolia.comThe Federal Housing Administration (FHA) insured approximately one-third of the country's mortgages in 2009. As an agency within the Department of Housing and Urban Development......More...

Feldman Law CenterLoan Modifications Ramped Up By Government

The world of loan modifications is ever changing, and proof positive is the federal government's ever-expanding role in influencing banks to offer loan modifications.It was recently reported that the government is frustrated with the progress of their federal loan modification program, and are ...More...