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

3 Factors that Can Negatively Affect Your Mortgage Application

Many factors can affect your mortgage application and get you denied. Know what factors will hurt you and plan ahead so you can present the best financial picture to the lender. 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

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