http://thehomeloansadvisor.com/info Articles and Information to Improve Your Knowledge about Home Loans Sun, 13 Apr 2008 18:37:54 +0000 http://backend.userland.com/rss092 en Reverse mortgages or lifetime loans are an increasingly useful source of revenue for our ageing population. In essence they are a very simple concept. If you own your own home and have paid up all your mortgages but this has left all your money tied up in the home, you ... http://thehomeloansadvisor.com/info/what-is-a-reverse-mortgage/ If you are an investor that sells properties using lease options you no-doubt understand why it can be an appealing avenue for those that need rental history and/or rent credits to help a challenging credit file. But, would YOU consider buying a property using a lease option? You better! There is ... http://thehomeloansadvisor.com/info/the-power-of-the-lease-option/ Your credit report is an important document which may affect you more than you think. It is perfectly possible to see a copy of your credit report. But why would you want to read your credit report, and how do you find it? In the US there are 3 agencies which ... http://thehomeloansadvisor.com/info/get-a-copy-of-your-credit-report/ If you own your home you have a financial resource available to you that can help you with your financial needs or concerns. What is it? HOME EQUITY! Equity is the value of your home minus the remaining mortgage balance which is outstanding. While you live, eat and sleep in your ... http://thehomeloansadvisor.com/info/about-the-home-equity-line-of-credit/ It used to be that "people" made decisions about your credit worthiness. You knew your banker and your handshake was all the collateral you needed. Those days are long gone, and now a single number - your FICO score - determines your credit worthiness. Although there are several credit models, the ... http://thehomeloansadvisor.com/info/how-to-improve-your-credit-score/ Have you heard that commercial about interest-only mortgages...the one where you’re told about what a wonderful benefit it is to have a low, low mortgage payment and all the wonderful tax write-offs you will receive? Before you decide to buy now and pay later, that is pay “big time” later, take ... http://thehomeloansadvisor.com/info/what-is-an-interest-only-mortgage/ If you are in dire need of money and don't have the financial means for a large cash transaction to buy a house, then opting for a home mortgage is worth consideration. Basically, a mortgage refers to a long-standing credit that a debtor obtains from a financial institution or from a ... http://thehomeloansadvisor.com/info/what-is-a-home-mortgage/ So you know how people throw a bunch of crap together and try to sell it to you for $47? And most of it is recycled garbage they picked up for $1 at eBay? Well, I'm as sick of that as you are. Which is why this post is so important. I ... http://thehomeloansadvisor.com/info/a-kraken-of-a-speedsale/ Your credit report is an important document which may affect you more than you think. It is perfectly possible to see a copy of your credit report. But why would you want to read your credit report, and how do you find it? In the US there are 3 agencies which ... http://thehomeloansadvisor.com/info/check-your-credit-report-often/ Mortgage rules have tightened recently.  Here's some good advice.  By Earl Juanico  The speedy growth in the use of non-traditional home mortgage loans, particularly among less creditworthy borrowers in the population has alerted regulators who now want to tighten up requirements for those who want to avail of the loans. This generally ... http://thehomeloansadvisor.com/info/home-mortgage-loans-what-to-do-when-rules-tighten/