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This is Topic: Loan Programs
Following are the News Items published under this Topic.


Topic name: Loan Programs

Creative Financing and Financial Issues
Posted on Friday, September 17, 2004 - 02:37 PM PST
Seller Financing
As the seller, you have the option of financing the buyer's purchase with the equity you have in the property. You can finance part or the entire mortgage for the buyer. Before setting-up a private mortgage, it is wise to consult with your attorney.
[read more]

 
Types of Mortgage Lenders
Posted on Friday, September 17, 2004 - 02:35 PM PST
There are a number of types of primary mortgage lenders that you may encounter when shopping for your mortgage loan. To give you a better understanding of these service providers, a brief explanation is provided below. [read more]

 
Bi-Weekly Mortgage
Posted on Friday, September 17, 2004 - 02:33 PM PST
If you search for "bi-weekly mortgage" with an Internet search engine, you will be overwhelmed by the number of companies offering "Bi-weekly Mortgage Reduction Services" or "Bi-weekly Savings Programs." Beware, you are entering dangerous waters. [read more]

 
The Pros and Cons of Financing a Mortgage
Posted on Wednesday, August 11, 2004 - 06:32 PM PST
When Roberta Benzilio purchased her first house in Brooklyn, N.Y., 25 years ago, she was just launching her career. At the time, interest rates were soaring, banks were wary of new borrowers and Ms. Benzilio had only $5,000 for a down payment, less than the 20% most banks required.
[read more]

 
Fixed-Rate or ARM? Greenspan Weighs In
Posted on Wednesday, August 11, 2004 - 06:28 PM PST
Do you have the wrong mortgage?
[read more]

 
Beware of Hidden Costs With No-Fee Mortgages
Posted on Wednesday, August 11, 2004 - 06:23 PM PST
With mortgage rates hitting a 35-year low recently, a growing number of homeowners are being lured by no-fee mortgages when they refinance.
[read more]

 
12 MAT ARM
Posted on Wednesday, August 11, 2004 - 06:13 PM PST
If you’re looking for maximum possible qualifying power, the 12 MAT Adjustable Rate Mortgage is the loan for you. With a super-low introductory rate, you can qualify for a larger loan – and a bigger house.
[read more]

Note: 12 MAT Programs
 
Balloon Programs
Posted on Wednesday, August 11, 2004 - 05:53 PM PST
Often borrowers are certain that they will be moving to a new home or refinancing their loan within a short period of time. Borrowers in this situation may be able to take advantage of a lower fixed rate by obtaining a balloon loan from 0FeeMortgages.
[read more]

 
1,3,5-year Treasury ARMs
Posted on Wednesday, August 11, 2004 - 04:59 PM PST
If you are looking for an introductory rate that will help you qualify for a larger loan, but want that introductory rate for a longer time, check out our adjustable rate Treasury ARMs.
[read more]

 
Fixed Rate Programs
Posted on Wednesday, August 11, 2004 - 04:50 PM PST
The Fixed Rate Loan remains the most popular loan in America.

Why? Peace of mind. Most borrowers choose to purchase or refinance their home with a fixed rate loan because of the security a fixed interest rate and payment will give them.
[read more]

 
Compare Loan Programs
Posted on Tuesday, August 10, 2004 - 05:02 PM PST
At 0FeeMortgages, you’ll find a variety of loans to choose from –
and we may approve any of them in just minutes.

There are several factors to consider when choosing a loan. Do you want the stability of a fixed rate, or are you willing to accept a little more risk in exchange for the lower initial rate of an adjustable mortgage?
How long do you plan to stay in your home?

How much do you want your monthly payment to be?

The following grid outlines the features and benefits of each of our loan programs.

[read more]

 
Featured Article
 

Getting a Loan for a First Time Home Buyer
Current mortgage loan interest rates are still fairly low, with the average 30 year fixed rate at 6.39% and...[read more]

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