Mortgage Advisors – Whose side are they on?

Author: William M. Davis

Nick and Judy Splitzgerald are 4 months behind on their house note and doing almost anything to keep their two-bedroom starter home they’ve been in for 16 years. It all started when they refinanced their home 5 years ago. In hindsight maybe they should not have trusted their mortgage advisor.
Cautionary Tale
Even though they wanted a 30-year fixed-rate loan, the mortgage advisor somehow got them into a two-year adjustable-rate mortgage. The mortgage advisor also did not tell them that their payment did not cover escrow. When the new interest rate started 8 months ago, and at about the same time Nick …

10 Signs You Really Need To Get a Life from your Mortgage Lender!

Author: William M. Davis

Buying the “A Piece of the American Dream” is the most significant purchase that most of us make in our lifetime. For most, this is one of the most exciting times in one’s life, so why would anyone want to get a life from their mortgage lender? After all, they were the ones responsible for making our dream come true. As it turns out not all mortgage lenders care about making your dream come true as much as they want to make their wallets fat. The best way to handle such situations is to know your rights as a …

Bad Credit Auto Refinance

Author: William M. Davis

Are you in the market for a bad credit auto refinancing loan? One of the reasons you may want to refinance is to lower your monthly payments or maybe get a lower interest rate. Whatever your reasons are, they can be accomplished with a bad credit auto refinancing loan.
Rebuild Good Credit History
Refinancing your bad credit auto loan give you an opportunity to rebuild your good credit history. However to do this, you would need to use a loan company that specialize in refinancing people with bad credit problems. Qualifying for the a bad credit auto loan should not be as …

Debt Settlement: Make A Wise Choice

Author: William M. Davis

Debt settlement will only prove beneficial if you manage to find a right kind of Debt Settlement Company. Make sure that you only opt for debt Settlement Company which is accredited by The Association of Settlement Companies. Another thing that you must take note of is the service cost that is being charged by the debt settlement company. There is no point going for a company which charges rates that you cannot afford.

Overview of Debt Settlement
Debt settlement can come in real handy if you are suffering from huge credit card debt and have missed plenty of monthly …

Bad Credit Personal Signature Loans

Author: William M. Davis

You can use bad credit personal signature loans in wide variety of purposes. It includes home improvement, educational expenses and buying a new vehicle. To get an approval for bad credit personal signature loans, you need to sign an activation letter. On the basis of your financial condition, you can get loan amount in the range of $30,000 to $50,000. You need to repay the complete loan amount in a matter of five to ten years. To get loan at low interest rates, it is recommended that you put something as collateral. Irrespective of your personal credit history, you are …

Refinance with Obama’s Mortgage Stimulus Package

Author: William M. Davis

Obama’s Mortgage Stimulus Package
By introducing the housing stimulus plan which is called the “Home Affordability Stimulus Plan”, the primary aim is to reduce the cost of borrowing and make borrowing an affordable option.
A refinance mortgage loan under this plan is offered at 4.5%. It offers the benefit of lower cost of loans both to the existing home owners and new home buyers. Everyone is of the opinion that such a scheme cannot come at a better time than current economic downturn.
Struggling home owners are looking forward for the implementation of this package. Amount of savings they can make comes to …