Home Loan | Mortgage Resources

Most, if not all will agree that home loan rate is the key factor home loan borrowers look into before availing themselves of home loan. Wonder what factors affect the home loan rate that your lenders impose on you? Read further and wonder no more!

If you're considering whether or not to refinance your home loan, you may find that the decision that you make will influence your finances for years to come. Deciding on a home loan refinance is a major decision. If done right, refinancing can ultimately help you manage your finances well.

Applying for a home equity loan or refinance home loan includes calculating a debt ratio to make sure it's within the underwriting guidelines, but for some folks, that can be a pain or a problem. A good credit history, a stable income and a good home equity balance are three determining factors whether or not you can qualify for home loan refinance. Read on and find out more information on these factors!

Because the home loan that you take out is likely to be your largest investment in your lifetime, you should insure that the loan that you take out is the right one. The key to getting the best home mortgage loan is to shop around, compare and negotiate to get the best deal out of your mortgage!

A sub-prime mortgage is a bad credit mortgage, designed for people who have trouble getting a home mortgage because their loan request does not fit the conventional lender guidelines. Sub-prime mortgage loans offer more flexibility than their conventional mortgage loan cousins. With terms determined by Freddie Mac and Fannie Mae, conventional loans have strict guidelines on loan amounts, terms, and PMI requirements. With sub-prime mortgages, lenders can provide more choices with an increase in rates.

Lenders categorize home financing into two groups based on the amount. Getting a home mortgage loan but confused which particular type to get? Read about fixed and adjustable rate mortgages through this article4