Top 10 Mortgage Tips for the Rest of 2013

By TJ Agresti, CEO, EquityLock   Tip 1: Refinance or Apply Now Mortgage rates are still close to all-time lows so if you haven’t refinanced recently, you’re probably paying too much. Rates are on the rise with over a 1% increase in the last 60 days alone.  Take advantage of today’s record-low mortgage rates while ...

What These Changes Directly Mean to You, the Borrower (HARP 2.0)

Underwriting Requirements Relaxed What’s new:  A more relaxed view on foreclosure and bankruptcy rules; meaning your HARP loan could be approved, regardless of how recently a borrower filed bankruptcy or experienced a foreclosure. What that means for you:  As previously stated, you won’t be counted out for a mortgage late when that could normally eliminate ...

Forecloser For Sale

Home Bargain Hunting

What to Consider Before Buying a Foreclosed Home Buying a home that has been foreclosed upon can provide large profits for potential buyers and investors. During stressful economic times, many great homes go into foreclosure due to job loss or other personal and financial hardships, and it can be advantageous to take a look at ...

Mortgage Banks

Now more than ever, given the uncertainty in credit markets, it is important to choose a Mortgage Banker such as 1st Advantage Mortgage for your financing.  People have recently obtained financing from several different sources:  Retail Banks (your local Chase branch for example); Retail Lenders (your local Washington Mutual office, for example); Mortgage Brokers (where ...