Comparing the Cost of Repaying Mortgage Arrears in Chapter 13 Bankruptcy Versus a Loan Modification The economy is struggling to recover, unemployment is high, and as a result there are a lot of people who are behind on their mortgage payments and at risk of having their home foreclosed. To help people save their homes,…
Some Important Facts About First Position Commercial Mortgage Notes Creating attractive interest is a challenge in today’s low interest rate environment. The attractiveness of First Position Mortgage Notes is in the fact that investors (lenders) are held in the first position as a lien holder of the property – so there is a hard asset…
6 Steps You Should Take After Mortgage Loan Rejection Loan rejection often exasperates home owners. There are a number of factors that lead to online mortgage loan application rejection. It’s quite common among borrowers who apply for a mortgage loan. However, what you need to remember is that rejection is not the end of your…
Insurance in India: A Comprehensive Guide to the Growing Market for Life and Non-Life Policies Insurance is a crucial aspect of financial planning, and the Indian market has seen a significant expansion in this sector in recent years. The Indian insurance market comprises both life and non-life insurance policies, and is regulated by the Insurance…
Mortgage Life Insurance – The Best Approach Insurance is risk management. So, for each type, you need to identify the risk to cover and the best way to do it. Mortgage life insurance, like other insurance types, could be expensive, so you need to understand that the inherent risk is the same as for normal…
Marketing Reverse Mortgages In a World That Doesn’t Trust Mortgage Brokers Reverse Mortgages are a tricky subject. No one wants to discuss them, and yet, for some it can be an excellent solution. The Elder’s heirs might not appreciate it much, but it can be a life-saver. Kind of reminds us of that bumper sticker…
Home Mortgage Business Marketing With increases in interest rates, it is starting to hit the mortgage business. Fewer are looking for refinancing and real estate sales are slowing. This means it’s time to up your marketing game, as there are fewer takers. With this in mind let’s talk a little about your online marketing and…
Mortgage Choices: Broker, Banker, Seller Since, most people, use some sort of financing, primarily a mortgage, for a significant portion of their funding, for a house – purchase, doesn’t it make sense, for them, to know, in advance, their options and alternatives, and potential sources, for doing so? While there are many types of mortgages,…
What Is Chattel Mortgage? Have you ever heard of the chattel mortgage? Do you know how it works? If the answer is no, then let’s know few basics and how it works and how can you avail it. A Chattel mortgage is a type of loan agreement under which any movable personal property of the…
Bank Statement Mortgage: Can You Apply for It? For granting a home loan, mortgage providers verify the income source of the borrower. Typically, the verification is done based on the W2 tax forms. However, this can create a problem if you work as an independent professional, such as a freelancer. The reason is that freelancers,…