Tag Archives: Tips to getting a good mortgage
Top 10 Terms You Should Know about Mortgages
Everyone knows that you should never sign on the dotted line without reading the contract. This same term applies to loans. Signing a loan without knowing the terms and what everything means can be detrimental to your finances, credit and future investments. Before you sign on the dotted line, make sure that you know these [...]
- May 4, 2010
- / Category Know Your Mortgage, Mortgage Industry, News, Real Estate Industry, Uncommon Useful Knowledge, Understanding Your Mortgage
- / Posted By Mortgage Master Luke
- / No Comments.
What Makes Up My credit Score?
One, if not the, most important factors in determining what kind of mortgage you qualify for is your credit score. The problem is that how the credit score is calculated can be a bit confusing. The scores can range from 300 to 850. Now while the formulas used to calculate a credit score are proprietary information, [...]
- / Category Know Your Mortgage, Mortgage Industry, News, Uncommon Useful Knowledge, Understanding Your Mortgage
- / Posted By Mortgage Master Luke
- / 4 Comments.
7 Things You Should Never Do When Applying for a New Mortgage
This is a list of things to steer clear of when you are seeking to obtain financing for a home. The following items may prove to be a detriment when you wish to move forward with the loan process. Don’t open any new credit accounts, especially buying or leasing a vehicle! Brand new lines of [...]
- April 1, 2010
- / Category Know Your Mortgage, Mortgage Industry, News, Uncommon Useful Knowledge, Understanding Your Mortgage
- / Posted By Mortgage Master Luke
- / No Comments.
A New FHA Refinance Program for Struggling Home Owners
Last Friday, HUD announced a new program designed to help home owners who have seen a drop in their home’s value. We do not have all the details yet, but here is a quick summary of what was announced: 1. Existing lender must be willing to write down/reduce the loan’s principle balance by at least [...]
- / Category Know Your Mortgage, Mortgage Industry, News, Real Estate Industry, Uncommon Useful Knowledge, Understanding Your Mortgage
- / Posted By Mortgage Master Luke
- / 2 Comments.
A Working Government Program for Home Owners
Over the last couple of years, the government has made many attempts at trying to help home owners keep there homes. Many of these attempts have been disappointments at best or all out failures at their worst. There are a couple of programs though that are working to help home owners lower their mortgage payments, [...]
- March 3, 2010
- / Category Know Your Mortgage, Mortgage Industry, News, Real Estate Industry, Understanding Your Mortgage
- / Posted By Mortgage Master Luke
- / 9 Comments.




