What is my credit score currently? What factors make up my score? How do I know if it’s good or bad? How much does it affect my chances of getting a mortgage loan?
These are some of the most frequently asked questions relating to consumer credit. In this article, we will address all of these topics [...]
Credit Scores | Brandon | 
February 21, 2010 6:19 pm | 
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You’ve probably seen a news story about the latest round of credit card changes taking effect. In fact, this is the second of three “waves” of new credit card laws. The first batch were put into place in August 2009, and the second round will take effect on February 22, 2010. The final set of [...]
Personal Finance | Brandon | February 17, 2010 10:04 am | Comments Off
There are plenty of articles online that cover the steps needed to get a mortgage broker’s license. So I’m not going to recreate the wheel by addressing those steps here. Instead, I’d like to cover some of the unwritten rules you should know about, if you want to become a mortgage broker in the United [...]
Mortgage Loans | Brandon | February 11, 2010 9:10 am | Comments Off
Can I get another mortgage loan after going through a foreclosure process? Unfortunately, this is going to be a fairly common question in American, for years to come. We saw record-breaking numbers of foreclosures from 2008 - 2009, and 2010 is shaping up to be another bad year for the housing industry. So let’s examine [...]
Foreclosure | Brandon | February 8, 2010 2:09 pm | Comments Off
Question: “When does mortgage refinancing make sense, in general? What is the rule of thumb for a refinance, in terms of doing it right?”
To answer this question, you have to identity your primary goal for refinancing. If you’re able to achieve that goal through the refi process, then it might make sense to move forward. [...]
Mortgage Refinancing | Brandon | February 7, 2010 8:34 am | Comments Off
Legal Note — I make no claims or assertions about FreeCreditReport.com, other than sharing this data relating to their BBB record (which is public record). The data reported in this article was taken from this page on January 7, 2010.
FreeCreditReport.com has racked up more than 11,000 Better Business Bureau complaints over the last 36 months. [...]
Credit Scores | Brandon | January 7, 2010 4:14 pm | Comments Off
Current mortgage rates are lower than they’ve been in many years. In fact, we saw record-low interest rates earlier this month. At the time this article was published, the current rate for a 30-year fixed mortgage was just over 5%. They may be higher or lower by the time you read this article.
But that’s not [...]
Mortgage Loans | Brandon | December 27, 2009 1:13 am | Comments Off
How do I apply for a home loan modification under the Making Home Affordable program? What steps do I need to take when applying for a mortgage modification?
On the surface, this seems like an easy question to answer. But unfortunately, there’s enough misinformation posted online to keep homeowners scratching their heads in dismay. So I’ve [...]
Mortgage Loans | Brandon | December 26, 2009 9:15 am | Comments Off
Question: “What kind of interest rate can I get on a federal student loan, and will it be higher or lower than the rate on a private loan?”
Before I answer your question (as best I can, at least), we need to go over some basic definitions. This is for the benefit of other readers who [...]
Student Loans | Brandon | December 20, 2009 11:51 am | Comments Off
There are programs to help eliminate student loan debt, in exchange for some type of community or military service. This article gives a quick overview of how these programs work.
Each year, millions of young men and women use student loans to pay for college. And many of them graduate with a new diploma … and [...]
Student Loans | Brandon | December 16, 2009 5:01 pm | Comments Off