Insurance: How to Get a Mortgage Principal Adjusted

How to Get a Mortgage Principal Adjusted

Your boss has cut your work hours. Or maybe you've suffered a serious injury that's kept you from working. Maybe your spouse has lost a job, reducing the income coming into your household every month. Whatever the reason, you can no longer afford your mortgage loan payments. You're seeking relief, a

Insurance: A Guide Mortgages

A Guide Mortgages

Finding the right mortgage to suit your budget and needs can be one of the most important decisions you will have to make in your life and should be something you understand completely

Insurance: Solutions For Stopping Foreclosure

Solutions For Stopping Foreclosure

If you are experiencing the likelihood of property foreclosure, you could contact your lender provider to see if you are eligible for a mortgage loan adjustment. The lender could change the debt and lower your per month installments. To be able to be eligible, you will need to confirm that you canno

Insurance: What Is Landlocked Property Worth?

What Is Landlocked Property Worth?

Landlocked property is not desirable for property owners because its use is limited. Cities or counties may inadvertently create landlocked property when a new highway is built with no entry or exit alongside a piece of property, such as farmland. Some possible remedies exist, but the value of the l

Insurance: FHA Lending Limits in Georgia

FHA Lending Limits in Georgia

As is the case in most states, FHA lending limits vary significantly from one county to the next in Georgia. The lowest maximum single-unit residential property loan amount, which is common to the majority of Georgia counties, as of May 2011, is $271,050. The maximum loan amount for any Georgia coun

Insurance: Do Mortgage Lump Sums Decrease an Amortization Period?

Do Mortgage Lump Sums Decrease an Amortization Period?

Paying lump sums toward your mortgage can reduce the original loan amount, known as the principal, thus reducing the repayment or amortization period and by extension the total interest amount paid on the mortgage. How much the lump sum payment reduces the amortization period depends on the terms of

Insurance: What Does a House Appraiser Do?

What Does a House Appraiser Do?

An appraiser provides an unbiased estimate of a home's worth by analyzing a variety of factors, such as size, age and amenities. If you're looking to purchase or sell a home, getting a professional appraisal ensures that you don't pay too much or ask for too little.

Insurance: 3 Types Of Mortgage Loans

3 Types Of Mortgage Loans

There are multiple types of mortgage loans that you should know before you choose to take one for your home.

Insurance: Help With a Toxic Mortgage

Help With a Toxic Mortgage

The credit crisis of 2008 affected millions of American consumers and homeowners. The root of the problem, many claim, was the widespread abuse of looser lending restrictions passed by the US Congress. As a result, many consumers found themselves in high-risk, high-cost mortgages that threatened to

Insurance: How to Get a Conventional Loan

How to Get a Conventional Loan

When you apply for a mortgage loan, you have two choices. You can apply for a government loan backed by the Federal Housing Administration (FHA) or Veterans Administration. Or, you can aim for a conventional loan supplied by a private lender or bank. If you attempt to qualify for a conventional loan

Insurance: Renewing Your Mortgage

Renewing Your Mortgage

A mortgage may last for a very long time. Some last for as log as 25 years. However, it is not necessary for you to wait all that time for mortgage renewal. Most of the ...

Insurance: Can You Refinance Through the HARP Program With a Freddie Mac Loan?

Can You Refinance Through the HARP Program With a Freddie Mac Loan?

You want to refinance your existing mortgage loan to one with lower interest rates. You face a significant challenge, though: You don't have any equity in your home, something that usually results in a refinance rejection from most mortgage lenders. Fortunately, the federal government in 2009 launch