06 Jul 2016
By Mark Feder

The 4 Most Common Mortgage Questions, Answered

Home Mortgage Tips
Making the decision to purchase a home is one of the most significant investments most people will make in their life, and this automatically means there are a lot of questions that need to be answered before putting any money down. If you're considering making the leap, here are some insights into some of the common questions you might have. How Much Should You Put Down? While many homebuyers have the option of putting as little as 3% down in order to purchase a home, there are benefits to saving up for a down payment and putting in 15 or…
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01 Jul 2016
By Mark Feder

Pay Off Your Home Faster with These Mortgage Tips

Home Mortgage Tips
The monthly mortgage payment that goes into purchasing a home is frequently the most expensive cost per month that most people will incur, and that means that it can be helpful to know the tricks of the trade in squaring away this payment more quickly. If you're looking for some simple tips to get your mortgage paid off a little sooner, here are some pointers that will help you get to this goal. Make Bi-Weekly Payments It may seems like enough of an expenditure to pay your mortgage once a month, but making payments every two weeks can actually greatly…
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21 Aug 2014
By Mark Feder

Separation Anxiety: How to Deal with a Joint Mortgage Loan in the Event of a Divorce

Home Mortgage Tips
During the course of a marriage, it is common for the couple to acquire property together. This is what is referred to as joint or community property. When a couple divorces, it is up to the parties involved to determine what happens to this joint property or let a judge use applicable law to determine how property is to be split. What Happens To The House? A couple of options are available when deciding what to do with a house where both partners are listed on the mortgage. First, the couple may decide to simply sell the home and split…
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19 Aug 2014
By Mark Feder

Scam Alert! Three Mortgage Modification Scams to Watch out for (And How to Avoid Them)

Home Mortgage Tips
As if homeowners who are facing foreclosure don't have enough to worry about, a multitude of loan modification scam artists have invaded the internet, public files and even foreclosure notices in newspapers in hopes of targeting their next victim. By identifying the top three modification scams and learning how to avoid them, at-risk homeowners can protect themselves (and their homes). Never Pay For Mortgage Modification Assistance Many desperate homeowners fall victim to scam artists who offer to provide them with assistance in the loan modification process for an exorbitant fee. Many times the scam artist who promises to provide assistance…
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