Article directory

An introduction to mortgages - Ping

If you’ve just started working and saving but you desire to have your own house and own car, you may not need to wait for a decade or so for your dreams to come true. But that’s only possible if your mortgage application gets...

Adverse credit mortgages - advantages of bad credit mortgages - Ping

Mortgages for those with adverse credit have advantages that conventional mortgages don’t. The prime advantage is that they are easier to qualify for, even with a bad credit history. Sub-prime mortgages also allow you to build wealth...

100% financing bad credit mortgages - tips on getting approved - Ping

100% financing of a bad credit mortgage can help you buy a house with little cash due at closing. Even with an adverse credit score, you can start building home equity and wealth with your new home purchase. To get approved for such...

Are adjustable rate mortgages worth it? - Ping

The Adjustable Rate Mortgage (ARM) has become a popular way for Americans to get more immediate bang for their buck when purchasing a home. For a long time ARMs, also known as flexible and variable rate mortgages, have been considered a...

Adjustable rate mortgages how they work - Ping

Many homebuyers choose adjustable rate mortgages for the initial financing on their home purchase. Rising interest rates and other terms can be confusing to the...

30 year vs. 15 year mortgages - Ping

Discussions of mortgages often focus on interest rates, but there is a much more basic decision to make. Should you go with a 30 year mortgage term or a 15 year mortgage...

A quick guide to bad credit mortgages - Ping

Trying to buy your own home but can’t get a mortgage because of your bad credit rating? Stop applying for regular mortgages now and start looking at the bad credit mortgage...

Adjustable rate mortgages and negative amortization - Ping

For many borrowers, adjustable rate mortgages are an attractive means of qualifying for a home. Fewer borrowers realize the potential negative amortization problems these loans can...

Adjustable rate mortgages: good or bad? - Ping

Deciding whether or not to finance your home using an adjustable versus a fixed rate mortgage is a very important decision. Each of these options has both strengths and weaknesses. However, the final decision comes down primarily to...

Adjustable rate mortgages: this home mortgage loan may not be for the weak at heart - Ping

I heard the news about another interest rate hike and thought it was about time to look into refinancing my mortgage. I contacted my mortgage company...

Achtung ! stay away from adjustable rate mortgages ... - Ping

If you are thinking of mortgage refinancing then there is one thing you might want to know and that is - you should stay away from ARMs ( adjustable rate mortgages )...

1st and 2nd mortgage refinance loan - consolidate 1st and 2nd mortgages into one low payment - Ping

Refinancing both your first and second mortgages will result in one low monthly payment that could save you thousands in interest charges. By combining both mortgages, you qualify for lower rates than if you refinance separately. You can...

Apply & compare loans & mortgages - Ping

In today's plastic savvy times, it is just so easy to fall into debt. The great thing about credit cards is that you don't need to pay anything upfront making it so much easy for all of us to shop for our favorite products. But the flip...

Adjustable rate mortgages determining rates - Ping

Adjustable rate mortgages are to home buyers as carrots are to bunnies very tempting. The secret to figuring out if an adjustable rate mortgage is a good deal is the rate index...

Adjustable rate mortgages: buyer beware - Ping

Remember when your mom told you that if it sounds too good to be true, it probably is? The same could be said about Adjustable Rate Mortgages (or ARM in industry lingo). These guys can be a wolf dressed in sheep's clothing and if you...

Adjustable rate mortgages: when they are the right mortgage - Ping

Most of us are familiar with tradition rate mortgages. We borrow a fixed amount of money for 15 to 30 y ears and we agree to pay it back at a given interest rate over the life of the loan. Our payments are the same amount every month,...

Adverse credit mortgages - home loans for people with poor credit - Ping

Mortgage lenders offer many financing options for people with adverse credit. For those who don’t qualify for an A loan, you can use a B, C, or D loan to finance the purchase of your...

Arm adjustable rate mortgages - Ping

Traditionally, homebuyers could look to two forms of mortgages fixed rate and adjustable mortgages. While there are now many more options, this article takes a look at the adjustable rate...

An overview of reverse mortgages - Ping

If you own a home, you know mortgage products have moved beyond the basic 30 year fixed option. Reverse mortgages are one such product and here is an...

A quick guide to mortgages - Ping

Buying a dream home is one of the major milestones of any individual’s life. The price of real estate is increasing day by day. The designer and flashy homes, which appeal us the most, are beyond the financial capabilities of a lot...

1st and 2nd mortgage refinance loan - why refinance both mortgages? - Ping

The hassle of making two monthly mortgage payments has prompted many homeowners to consider refinancing their 1st and 2nd mortgages into one loan. While combining both loans into one mortgage is convenient, and may save you money,...

Adjustable rate mortgages interest rate strategy - Ping

Over the last few years, many people squeezed into new homes using adjustable rate mortgages. With interest rates going up, you now need a new interest rate...

100 percent mortgages - Ping

People interested in a 100 percent refinance are looking to cash out the total value of their homes. This type of loan does not require any down payment and one can use the money for anything that they like. Fixing up one’s home,...

Adverse credit mortgages - getting approved with a low credit score - Ping

Having good credit affords more home loan options. Luckily, many mortgage lenders understand that bad credit happens, thus many are willing to offer home loans to people with low credit scores. Of course, the best way to improve your odds...

A primer on reverse mortgages - Ping

Economists report that as housing prices have skyrocketed over the past several years, the amount of money that households are saving through 401(k) plans and FDIC insured savings accounts has fallen. For many people approaching retirement...

A brief history of buy-to-let mortgages - Ping

Evolution of the Buy-to-Let...

Advantages and disadvantages of adjustable rate mortgages - Ping

When consumers begin shopping for a home loan they are often presented with the option of using an adjustable rate mortgage. An adjustable rate mortgage (also known as an ARM) can be a great way to buy a home but it can also be a horrible...

1.25% neg am loans: how deferred interest mortgages is good home financing - Ping

Do 1.25% interest rates really exist? Neg am mortgages calculate several mortgagerates. One is called the payment rate the other is the actual interest rate. Fortunately, the payment rate is capped at 7.5% of the previous payment. The...

Adjustable rate mortgages talking about interest rate caps - Ping

Many people have jumped on adjustable rate mortgages to take advantage of the historically low interest rates we have seen over the last few years. Rates are now rising, which means you need to understand...

100% financing bad credit mortgages - which loan can you qualify for with poor credit? - Ping

Various home loan programs are intended especially for homebuyers with less than perfect credit. To find a good home loan with poor credit, it is essential to choose the right lender or broker. Many new homebuyers are unfamiliar with...

Adjustable rate mortgages- time bombs ticking - Ping

Over the last few years, thousands and thousands of homeowners have financed or refinanced their homes with ARM's, Adjustable Rate...

Adverse credit mortgages - home buying tips - Ping

Bad credit mortgage loans are available to individuals with bankruptcies, foreclosures, repo's, low credit ratings, etc. Unfortunately, having a negative credit rating means a higher mortgage rate and a limited choice of lenders. Still,...

Adjustable rate mortgages vs. fixed rate mortgages - Ping

Buying a home can be an exciting and stressful time for anyone. While you may be excited at the prospect of owning your own home, especially if it is your first home purchase, the idea of choosing between all of the many different types of...

Are long term mortgages for you? - Ping

The various ways of getting a house these days has definitely become easier, along with the way that it can be paid back. Traditionally, a mortgage on a house meant a maximum of 25 or 30 years before amortization. New mortgages, however,...

Avoiding a downpayment with 80/20 mortgages - Ping

Getting together enough money for a downpayment can be rather difficult for many people these days. It often takes many years to be able to get enough. Now, though, there is a way that you can get the finances for your home even without a...

Adverse credit mortgages - real estate borrowing with discordant credit - Ping

How far can you go to get the right thing? You would not mind making an extra effort in order to get it. Same is true with mortgages. And especially with mortgage for adverse credit. It takes time and patience to get the right...