FHA to increase insurance premiums and mortgage down payments
Due to the increase in mortgage defaults, the Federal Housing Administration (FHA) is about to change its lending criteria. As we all know, FHA is not directly involved in lending but it insures the...
View ArticleTop 4 reverse mortgage myths
There are more than 600,000 seniors have who obtained reverse mortgages in the recent times which has helped them to save their homes. However, there are certain myths which confuse the senior citizens...
View Article2010 tax season – Check out the available tax breaks
The tax season is knocking at the door. You should know the tax breaks so that you would be able to receive it’s benefits. You may get some extra tax breaks if you’ve bought a new home, purchased a...
View ArticleMortgage Life Insurance – Should you go for it?
Before going into the details as to whether or not one should go for mortgage life insurance, let’s check out what it is all about. Well, to define it in simple words, mortgage protection life...
View Article7 Things that can affect your credit
Credit score is an important number while you apply for any kind of loan – secured or unsecured. Your creditor/lenders will decide whether or not you’re creditworthy depending upon this score. If you...
View ArticleMortgage bankers propose forbearance for the unemployed
In a recent development, the Mortgage Bankers Association (MBA), and members including Bank of America Corp (BAC.N) and Wells Fargo & Co (WFC.N), has proposed a new forbearance plan for the jobless...
View ArticleForensic loan audits – A new type of loan modification scam
Forensic loan audits are the latest variation of loan modification scams. California Department of Real Estate and the State Bar of California have warned homeowners to avoid such scams because these...
View Article7 Things to know about social security benefits
There is a lot of misconception and misunderstanding amongst people regarding the social security benefits. Most of us who want to get social security benefits hardly know how one can maximize the...
View ArticleClik here to view.
First MortgageFit member to make 10000 posts!
Hello everyone, We’re happy to inform you that George M Akerley, one of the mentors of MortgageFit Community has crossed the 10,000 mark! He is the first in our forums to have more than 10,000 posts....
View ArticleHow to take an apartment on rent without a credit record
Have you moved to US and looking for an apartment to take on lease? If yes, then you should know that it may be difficult for you to do so without a credit record. However, it doesn’t mean that you...
View Article
