Fast Close Mortgage.com (“we,” “our,” or “us”) values your privacy and is committed to protecting your personal information. This privacy policy outlines how we collect, use, and share the data you provide when using our services. 1. Information We Collect We collect the following information when you fill out our forms or speak with us […]
Mortgage scams have become a large source of income for certain individuals over time. Especially during and after times of economic recession, home owners face a significant risk of being scammed by unscrupulous individuals who would go to great lengths to scam honest people out of their hard earned money. During times of economic recovery,
Pros and Cons of Choosing a 30 Year Mortgage Rate In the current mortgage loan market, which is certainly reflective of the national and global economy as a whole, any potential homeowner seeking to acquire a 30 year fixed mortgage will prove to be not only a wise choice, but a logical one from a purely financial
Paying off a mortgage loan takes a very long time, especially if it’s a 30 year or longer loan, so you might want to pay it off earlier than that. While paying off a mortgage sooner than its term has its disadvantages, like being left without savings or not being able to invest the money
5 Important Reasons Why You Should Pay Off Your Mortgage Sooner Than Later Read More »
Many Americans have been affected by the recent economic crisis. Millions of homes have gone into foreclosure, and millions of families have lost their homes. If you are at risk for losing your home, the good news is that there is something you can do about it, but it largely depends on your ability to
Getting a mortgage loan with bad credit is difficult, but doable. Lenders typically regard people with bad credit as a high default risk, but they are willing to help every borrower as much as their lending requirements permit them. The same applies to refinancing, where borrowers might want to take out a new loan and possibly receive
Top 10 Refinance Lenders for Borrowers with Bad Credit Read More »
When buying a home with a mortgage loan, both you and your lender own parts of the home. The part of the home that you own is represented by the equity which builds up each time you make a payment. Having equity in your home allows you to take out a house equity loan by using the
What is this Difference Between a Home Equity Line of Credit vs Home Equity Loan Read More »
Many homeowners refinance their mortgages before expiry of the term. This decision is typically done in response to changing economic conditions and/or financial situations as well as for the potential benefits. However, borrowers must do extensive research and pay close attention to detail when looking into refinancing; otherwise, it may end up costing you a lot
Home equity loans allow homeowners to take out a loan using the equity accumulated in their home as collateral. Home equity loans give you quick access to money that can be used for a home remodeling project, medical bills or college tuition. A home equity loan can be more advantageous than opening a new credit card
Pledged Asset Mortgages are designed to help home buyers who wish to purchase a home but aren’t able to make a down payment. Instead of making a down payment, the home buyer is required to use assets such as stocks or mutual funds as collateral. A Pledged Asset Mortgage is also known as an Asset-Backed or
A Pledged Asset Mortgage is Better than Having a Down Payment, or Is It? Read More »
