terms

How Do Soft Markets Affect Your Construction Loan Rates and Terms?

Construction loans, especially owner builder construction loans, are tricky enough when the mortgage industry and housing market is doing well. Things got a lot tougher, though, when lenders tagged certain counties around the nation as being areas of declining values.
These counties are known in the mortgage industry as soft markets, and they are having a [...]

Posted in | Tagged , , , , , , , , , , | Leave a response

Terms Can Only Get Better….Home Mortgage Refinance

First thing’s first. What is a home mortgage? To many, this is considered the best opportunity to eventually own a home. Through a home mortgage, lenders are secured of repayment of loans by keeping the residential property as collateral until the full payment is made.
Subsequently, full ownership of the property is then [...]

Posted in | Tagged , , , , , , | Leave a response