Lenders realize that borrowers are more likely to default on mortgage payments on their second home loan. That’s the reason getting a second mortgage loan approved is always tricky and harder than the first one. But once the lender is convinced that you can afford
If tabloids are to be believed, the much-awaited U.S. housing recovery is on its way. In order to find out how truthful the media reports are, we took a closer examination of the optimistic recovery figures and came out with a detailed report. This report
After all those years, John and Natalie finally found their dream home. They couldn’t wait anymore to move in, so they applied for a mortgage the very next day. But they discovered that they are short of one important document before the mortgage gets approved
A person feels most loved and cared in his sweet abode. But have you ever thought that your home needs care too. Future is uncertain. A home is ever vulnerable to natural and man-made disasters. In case, a misfortune strikes leading to damage or destruction
Homebuying can be a daunting task not only because it involves such complex decisions, but also because there’s a lot of misinformation circulating about mortgages. Such myths and misconceptions impede potential homebuyers in their decision making process. Even the most knowledgeable homebuyers give in to