Foreign Exchange 4U - Currency & Forex

There are many different types of mortgage brokers - traditional brokers concentrating on retail customers, hard money lenders and private lenders (who are usually not mortgage brokers but useful in certain situations.)

Choosing the right broker really depends on what you are trying to accomplish. Some examples include

Purchase a house at retail
Purchase a […]

If you are in the process of refinancing your mortgage and are working with a broker, your mortgage broker could be robbing you blind without you even knowing it. Broker Banks are a special type of lender that is nearly indistinguishable from other mortgage brokers and are exempt from all disclosure laws protecting homeowners […]

Mortgage Loan Basics

To understand loans and mortgages we need to understand loan limits first. If your loan amount exceeds the amount below, you will qualify for a Jumbo Loan, which carries higher interest rate.

One-Family (single family homes) $417,000 Two-Family(duplex) $533,850 Three-Family (triplex) $645,300 Four-Family(fourplex) $801,950

FIXED Loans:

30 Year Fixed Mortgage Rates This loan program is fixed […]

Mortgage brokers play an essential and important role all over the economy. Nowadays, mortgage broker bond becomes the important bond and it is required for the people who are engaged in the business of mortgage broker business, mortgage lending business. Mortgage brokers or lenders or dealers are required to obtain license and permit from the […]

So many first time investors are curious about hard money lenders. Who are they? What is it? How do I get some? Is it beneficial? Let me share with you some of the basic principals about hard money lenders. First of all, lets determine what the term ?hard money? […]

There are many kinds of brokers ? not just the stockbroker type that facilitates your stock purchases and sale. There are business brokers, commodities brokers, futures brokers, insurance brokers, mortgage brokers, online brokers, real estate brokers, stockbrokers, and ticket brokers, among others.

Brokers facilitate your purchases and sales from products and services to stocks and equities, […]

I have been advising borrowers who need residential mortgage financing for over seventeen years. My experience shows that no matter how sharp, intelligent, smart, educated, or ignorant a borrower is — the mortgage rate trap that they all fall into is the same. Unfortunately, by the time a borrower realizes that they have been misinformed, […]

Many home buyers choose the adjustable rate mortgage (ARM) in order to save money during the first few years of homeownership. But later, these same homeowners run into trouble when the adjustable rate mortgage adjusts (hence the name) to higher interest rates.

In many cases, such adjustments can greatly increase the size of the overall mortgage […]

What should I know before buying a home?

Here are some tips that could save you a lot of time, money and trouble.

Plan ahead. Establish good credit and save as much as you can for the down payment and closing costs.Get pre-approved online before you start looking. Not only do real estate agents prefer working with […]

Mortgage brokers routinely exploit their customers by marking up mortgage interest rates like a used car salesman overcharging you for a car. Understanding how retail mortgage loans work can tip the scales in your favor when working with a mortgage broker. Here are several tips to help you outwit your mortgage broker […]