Wikipedia defines mortgage as: "While a mortgage in itself is not a debt, it is the lender's security for a debt." However it is considered good debt for consumers. When handled correctly, it can be and usually is your livelihood.

Here is research for The Best Mortgage Companies.

Mortgage Menu





3 Tips How To Do Accurate Research For Mortgage Refinancing

Monday, March 15, 2010, 12:05 AM | Leave Comment

As a homeowner, this might be a good time as any to refinance your existing mortgage. The interest rate is low, probably as low as it will ever get. Before you talk to your mortgage lender, I suggest you do research on your own. Homeowners who are considering re-financing but are not knowledgeable about the […]

10 Easy Steps To Finding The Best Mortgage Lender

Saturday, February 13, 2010, 1:54 AM | Leave Comment

When you need the best financial adviser, you look for the best. When you need a good tax preparer, you find a good one. On the same token, when you look for a good and an effective mortgage lender, you look for the best mortgage lender. These days, because of the so many scams going […]

Foreclosure Does Not Necessarily Mean Zero Mortgage Balance

Thursday, February 4, 2010, 2:45 AM | 3 Comments

Media have reported millions of homes that have been foreclosed by banks the past year or so. That does not necessarily mean, after the foreclosure, the homeowners are off the hook from then on and the mortgage balance would automatically come down to zero. In cases where the bank auctioned off the home for less […]

Don’t let Willie’s mortgage story be your outcome

Saturday, January 9, 2010, 1:01 AM | Leave Comment

Before I say anything further, I want to mention that an overwhelming majority of the mortgage refinancing companies – in any shape or form – have legitimate businesses and that includes your neighborhood bank as well. They will help you refinance your home without any questionable action on their part and within the law, fair […]

Reverse Mortgage Lenders Might Put Older Homeowners At Risk

Saturday, January 2, 2010, 6:00 AM | 4 Comments

Reverse mortgage by its very nature is targeted towards seniors – age 62 or older – as against sub-prime market where everyone got screwed regardless of age. Sub-prime went down the drain so the story goes or at least we are being led to believe it did. You know that the National Consumer Law Center […]

Mortgage Lenders Profit From Foreclosure Not Modification

Monday, December 28, 2009, 6:33 AM | 3 Comments

The Federal Government initiated a program a while back called the Home Affordable Modification Program (HAMP). The basic logic behind it was to make loan modification easier and perhaps simpler for the consumers so that they would avoid foreclosure on their homes. But guess what? The lending institutions – perhaps your neighborhood bank as well, […]

Have more control over your homeownership future

Monday, September 21, 2009, 12:28 AM | Leave Comment

Have you fallen behind on your mortgage payments? If you have, don’t despair. Don’t think about defaulting on your mortgage loan. By following these steps, you can have more control over your home-ownership future than you think. So then, how to find the money you need You don’t necessarily have to have a checking account […]

Have A Specific Goal In Mind When You Apply For Loan

Sunday, August 30, 2009, 8:38 AM | 1 Comment

You gotta have a goal, a specific plan when you go to a lending institution and apply for a loan. Most folks do and they get a loan to spend on something that can potentially give them a return. There are, unfortunately, some who get a loan, at least when the credit was available in […]

The negative equity in your home is shrinking

Saturday, August 15, 2009, 7:47 AM | Leave Comment

What the heck is negative equity? If you have heard of mortgage underwater, then negative equity means almost the same, for us ordinary folks. I don’t know if there is a difference in technical definition. Let’s say your home is worth $200,000 and you owe $250,000 in mortgage, then you have negative equity of $50,000 […]

Calculators for mortgages

Thursday, July 9, 2009, 7:44 AM | 1 Comment

Whenever interest rates drop, the appeal of refinancing your mortgage grows. But it’s important to know the real costs – and potential savings – before making a move. Homeowners can see how their existing mortgage payments might change if they were to refinance, and, just as important, how long it would take to recover any […]