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Becky Connor Profile and Articles
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1). Bad Credit Advice:Refinancing Mortgage Loans Can Help Restore Your Credit Score
The truth is that a poor FICO score can affect your life. Low credit scores can make loans for cars, new homes and a myriad of other needs impossible to get or far more expensive. Having a great credit score can definitely make life easier.
If you’re looking at ways to repair your credit, do your homework and find out what you can do to help yourself.
2). Sub-Prime Mortgage Tips: Non Conforming Mortgage Refinance and Home Equity Loans
Equity Loans for homeowners with bad credit and low ficos are the fastest-growing segment of the mortgage market. Homeownership in the United States has risen to a record percentage of 69 percent and this increase is directly correlated to the non conforming mortgage, loans that do not conform to the Federal National Mortgage Association (FNMA) and the Federal Home Loan Mortgage Corporation (FHLMC) guidelines.
3). Manufactured Home Mortgage Loans
Many potential home buyers find the price is right on a manufactured home and a record number of 10,783 Californians purchased them last year. This is no surprise when the prices can be as low as $129,000 for a new 2,600 square foot home. Another attraction is the increased customization available on manufactured homes. Buyers can get wood burning fireplaces, stucco exteriors, even attached garages, making manufactured homes look more like a standard home.
4). FHA Home Mortgage Loans: Tips for Purchase and Refinance
The Federal Housing Administration (FHA) was created by Congress in 1934. FHA guarantees loans in order to assist lower and middle income consumers as well as the first time home owner. These government home loans generally have a low down payment requirement and less stringent requirements for income and credit scores. There is also the possibility for stated income loans.
5). How Second Mortgages Can Help Refinance Credit Card Debt
If you own a home with equity in it and are battling with credit card debt, you may want to consider taking out a second mortgage to consolidate. Debt consolidation can be a good strategy to get yourself back on track, but only if you are serious about eliminating debt and putting an end to your credit card abuse.
There are a variety of types of home equity loans including home equity lines of credit (HELOC).
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