Category : mortgage : Insurance

How to Close a VA Refinance Loan

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The Department of Veterans Affairs (VA) offers low-interest loans to veterans of the U.S. Armed Services. If you already have an existing VA loan, refinancing it is actually relatively simple. The process is called Streamlining. As opposed to traditional, private refinancing, VA Streamlining allows

Home Appraisal For Refinancing

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What does home appraisal for refinancing consist of? A appraiser or expert evaluates property and determines what it's current market value is. This numerical value is then used as a part of the refinancing process. Banks in particular typically will require an appraisal before they are willing

Assumable Mortgage Issues

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A good mortgage is an uplifting situation, a bad mortgage can make your home a heavy burden.Hipoteca 2 image by Nuka from Fotolia.comWhen the housing market slumps, some possibilities for finding a great deal can be misleading. One such instance is when homeowners find themselves in a...

Mortgage Mediation Programs

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Some remedies could help you avoid foreclosure.Home sweet home image by civos from Fotolia.comSome Americans struggle with home mortgage financing. Others are duped by predatory and unethical lenders and end up with highly disadvantageous mortgages. Others still simply lose a source of...

How Debt-to-Income Ratio Works

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The debt-to-income ratio provides a means to measure an individual's financial situation and status. It reveals how much debt an individual has relative to his income, and the ratio can be used for financial purposes. The debt-to-income ratio assists financial advisers in gaining a better understan