Mortgage Loans City

Getting a Commercial Mortgage is Tougher Today
We are, indeed, in the midst of a significant and severe credit crunch. Conventional lenders, such as banks, Wall Street investment houses and insurance companies have greatly curtailed their lending activity. Even the very best investors and developers are finding it hard to get projects funded.

The collateralized debt market [...]

In an increasingly competitive mortgage market you start to see the Banks push mortgage products that will give them an edge over their competition. They will offer any incentive they can to get you committed to a mortgage for as long a term as possible. With cash back mortgages they offer to give you 5% [...]

Commercial mortgages are available through banks, commercial mortgage companies and private lenders. Rates vary as widely as residential mortgage rates. Traditional banks offer some very low rates. However, due to their restrictive lending criteria, they are prevented from making mortgages for many kinds of commercial properties. Gas stations, with or without convenience stores, for example, [...]

What is the difference between the fixed rate vs. variable rate mortgages? For most people looking to buy their next home this questions comes up all the time. When you look at the bank’s posted rates you usually see interest rates for many different terms as for fixed and variable interest rates. For most the [...]

Although many go house hunting, and house buying, it is amazing how few people actually know what a mortgage is and how a mortgage works. It is also not uncommon for many to mis-label their mortgage and instead call it a “home loan.” However, that term is totally misleading and inaccurate. The mortgage is basically [...]

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 [...]

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 [...]