http://www.isnare.com/?s=author&a=CL+Haehl Finances CL Haehl Sun, 18 Mar 2007 00:00:00 +0800 http://www.isnare.com/?aid=133235&ca=Finances Since borrowers do not have personal relationships with the finance companies loaning them the money needed to buy real estate, there needs to be a system in place that allows such lenders to evaluate the risks associated with each individual applicant. For this reason, every single lender will obta... Finances CL Haehl Sun, 18 Mar 2007 00:00:00 +0800 http://www.isnare.com/?aid=133236&ca=Finances Amid constantly changing reports about the state of the economy, the future of interest rates, and the mortgage lending industry in general, it has become extremely difficult for the average American to decipher such substantial amounts of information. Extracting the high quality, accurate and relia... Finances CL Haehl Sun, 18 Mar 2007 00:00:00 +0800 http://www.isnare.com/?aid=133243&ca=Finances Since compensation methods for mortgage brokers are not regulated by any government entity, it is important to note that brokers can charge whatever they want to for their services. Of course, since the number of brokers in the residential real estate market has steadily increased to the point where... Finances CL Haehl Sun, 18 Mar 2007 00:00:00 +0800 http://www.isnare.com/?aid=133244&ca=Finances The Federal Housing Administration (FHA) is a government organization that will offer insurance protection against the principle balance of a mortgage loan for those borrowers who would otherwise be unable to obtain residential real estate financing. Understanding that home ownership is a positive a... Finances CL Haehl Sun, 18 Mar 2007 00:00:00 +0800 http://www.isnare.com/?aid=133246&ca=Finances A jumbo mortgage loan is one whose total amount is over $417,000 - Loans above this threshold are only slightly different than those below, yet those differences can be dramatic to borrowers unfamiliar with such a marketplace. It is also important to note that the ceiling for standard mortgage loans... Finances CL Haehl Sun, 18 Mar 2007 00:00:00 +0800 http://www.isnare.com/?aid=133624&ca=Finances With the plethora of loan programs expanding every year, borrowers are finding themselves faced with decisions about what loan type is best for their individual situation. The potential for difficulties and confusion is significant, and it is for this reason that borrowers seek to educate themselves... Finances CL Haehl Sun, 18 Mar 2007 00:00:00 +0800 http://www.isnare.com/?aid=133627&ca=Finances Why Don't We Hear More About Creative Financing? The largest majority of residential real estate financing is provided to home buyers by traditional mortgage lenders through traditional channels. However, there are multiple alternatives to the traditional mortgage that are unknown to most borrowers,... Finances CL Haehl Sun, 18 Mar 2007 00:00:00 +0800 http://www.isnare.com/?aid=133632&ca=Finances Whether you are buying a new home, refinancing or getting a home equity loan, your credit report is perhaps the most significant factor in determining your mortgage application’s approval, interest rate and monthly payment. It is important that borrowers do everything they can to protect their situa... Finances CL Haehl Sun, 18 Mar 2007 00:00:00 +0800 http://www.isnare.com/?aid=133634&ca=Finances There’s no doubt you have been inundated via e-mail, postal mail or even phone calls from lenders trying to convince you to cash out the equity in your home. The reasons for a cash out refinance are endless--debt consolidation, better rate/term, lower monthly payment, home improvements, college educ... Finances CL Haehl Sun, 18 Mar 2007 00:00:00 +0800 http://www.isnare.com/?aid=133635&ca=Finances Refinancing your mortgage is a big decision, and one that shouldn't be made blindly. Here are a few things to watch out for when refinancing your mortgage. Beware of a broker that is reluctant or refuses to disclose their YSP, or “yield spread premium”. That term refers to the amount of money the le...