Mortgage Terms Explained
by: Christopher Cooper

When you are hunting for a mortgage, you will find that there are many different types of mortgages available. I will list some of the more common ones and their uses. More

What is Bridging Finance?
by: Commercial Lifeline

Once you understand what the term, Bridging Finance means, its easy to understand how it got its name. The purpose of a bridging or bridge loan is to provide short term cash for a real estate transaction until permanent financing is secured. Bridge loans are commonly used to bridge the cash gap when completing commercial real estate transactions. More

Home Loans
by: Barry Stein

Buying a home remains the great American dream. Home ownership rates have been exploding in recent years, spurred on by the historically low interest rates in the home mortgage market. Home prices have been rising at far faster than inflation, especially in major urban areas such as San Francisco, San Diego and Chicago. This means that not only can that home youve always wanted put a roof over your head, but it can provide you with a great investment as well. For people new to the mortgage market, buying their first home starts with finding the best home loans. More

Is an ARM Right For You?
by: Tom Levine

Let’s start by taking a look at 7 key elements of an adjustable rate mortgage:

1) ARM defined:
While a fixed rate loan is constant and never changes throughout the life of the loan, an adjustable rate mortgage changes periodically. The interest rate of an ARM goes up and down based on whatever external index it is tied to. Add the lender’s “margin” to that, and you’ve got the rate. Add costs to that, and you’ve got the APR. Other considerations include the fixed period, the adjustment date, and the adjustment interval. There are built in risk management devices such as caps, conversion clauses, rate ceilings, rate floors, periodic payment caps, and periodic rate caps. So, while fixed rate loans stay constant and are fairly straightforward, future payments on ARMS is an unknown, and they go up and down depending on a variety of variables. MORE

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