Archive for the '100 mortgage loan' Category

A Closing Day Surprise

New York State has the highest closing costs in the Nation. One of the main reasons for this is the New York State Mortgage Recording Tax. This is a fee paid by the borrower to the State and local government for the privilege of having a mortgage. It is always priced as a percentage of [...]

Finding the Best Home Mortgage Companies - 6 Considerations

Whether you’re shopping for your first home or looking to refinance your seventh, you’ll likely also be searching for a mortgage lender in your area. However, mortgage research - to be effective - goes well beyond locating the best interest rate. So, keep reading for some criteria and factors to help you evaluate different mortgage [...]

Bad Credit Residential Mortgage

At Donna’s Mortgages, we have a track record for helping our customers manage their financial affairs responsibly, and assisting them in re-establishing their credit and stability.
We understand that, although many clients are capable and willing to take on the responsibility of a new residential mortgage, the criteria used by most, if not all, financial lending [...]

4 Important “W’s” Of The Adjustable Rate Mortgage

The current mortgage meltdown in the United States has given the adjustable rate mortgage a black eye. Used properly, it can be a smart way to use money to your advantage. Here’s the breakdown on the ARM and how and when to use it without hurting yourself.

What - The adjustable rate mortgage is a form [...]

Advantages Of A Bad Credit Second Mortgage

Bad credit second mortgage offers relief to those who own a property and are in need of urgent cash despite their poor credit history. They can secure a loan against the equity that has built up on their home. Equity refers to the difference between the current market value of their home and their first [...]