www.ntv.co.ke Kenya Commercial Bank’s mortgage lending arm S&L is now lending as much of its loans to retail home developers as it is to large scale real estate developers. KCB’s Divisional Director for Mortgages Caroline Kariuki says there is a huge untapped market for home development loans, with the favourable economic environment boosting the uptake of mortgages. KCB has launched a web portal, to provide an up to date base for interaction with its potential customers and S&L members on all matters related to real estate. First Time Home Buyer Programs Video Rating: 0 / 5
FULL Uncut Version. click on “show more” to view info Mortgage Strike secret revolt revealed SEIU Lerner FULL Uncut Version ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Ex-SEIU Official Details Plan to ‘Destabilize’ Economy politifi.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Coalition bent on Destroying US Capitalism by wealth redistribution ? …. Left’s Economic Terrorism Playbook…. Calls for a nationwide mortgage revolt strike starting first week in may 2011. Strike Plans Starting with JP Morgan Chase Bank in NYC Manhattan. Calling for 500,00 poeple or more to just stop paying their mortgages etc., Lerner’s plan is to organize a mass, coordinated “strike” on mortgage, student loan, and local government debt payments–thus bringing the banks to their Knee’s, to the edge of insolvency. Scheduled to start in May 2011. Updated: March 24th 2011 …. STUNNING SECRET REVEALED..CHASE EMPLOYEE TELLS ALL…BANKS ARE IN THE FORECLOSURE BUSINESS webcache.googleusercontent.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ borrowers revolt, mortgage strike. mortgage revolt.. Secret Plan To Destroy JP Morgan Chase UNCUT TAPE Former SEIU Official Reveals. CAUGHT ON TAPE: Former SEIU Official Reveals Secret Plan To Destroy JP Morgan Chase, Crash The Stock Market Wall Street, And Redistribute Wealth In America Calls for a mortgage strike in may 2011. Specifically, the plan seeks to destroy JP Morgan Chase, nuke the stock market, and weaken Wall Street’s grip on power, thus creating the conditions … First Time Home Buyer Programs Video Rating: 4 / 5
What Your Mississauga Mortgage Broker Wants to Know About You
Once you’ve found a mortgage broker to help you find the right mortgage for your needs, you’ll need to discuss those needs with the broker. The broker will need to know some things about you before finding the right mortgage for you. Here are 5 key things your Mississauga mortgage broker will want to assess:
1. Your Character
Your general overview of your character is taken in by the mortgage broker in order to assess what kind of borrower you’ll be. This assessment is based on a variety of factors, such as your credit history, net worth, and earnings over the last several years. Your job stability and potential for increased earnings may also be taken into consideration. Some of the tools used to gauge these factors are your job and educational histories. You may be able to improve the assessment of your character by including references. This general character assessment will help your Mississauga mortgage broker to find you a mortgage that you are likely to be able to repay.
2. Your Payment Capacity
This may sound a lot like character, but this is based more on equations of your present wealth and income, though past repayment histories are taken into account. This is the factor that your lender will consider most important. Your Mississauga mortgage broker must first help you to identify your means of payment. All debts and incomes must be identified and compared. Often, the gross debt service ratio (GDSR) is used to make calculations about how much you’ll be able to pay each month.
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3. Your Collateral
More than ever, lenders are seeking substantial collateral to cover mortgages. The lenders want you to both not want to lose your collateral and to be assured they’ll get at least something back if you default. So your Mississauga mortgage broker must assess the value and liquidity of the property for which you seek a mortgage. The local property market, the condition of the property, local zoning codes, other debts secured by the property, and a variety of other factors go into this assessment.
4. Your Capital
Capital is financial speak for what you own that has a present cash value or that will generate a future cash value. The most important capital as far as mortgage lenders are concerned is cash. In other words, they want to know how much cash of your own you’re willing to pay up front for the purchase of the property. The more of your own cash you put into a home in Mississauga, the more reassured the lender will be of your dedication to maintaining the home and making all of your mortgage payments.
5. Other Repayment Factors
There are many other things that may impact your ability to repay your mortgage. So your Mississauga mortgage broker will dig deeper into your circumstances and the circumstances surrounding your property. For example, if your property has any liens against it or you have any wage garnishments or alimony payments, your assessed ability to repay a mortgage must be significantly downgraded. On the other hand, if you’ve worked for the same company for fifteen years and are buying a home in a very well-kept neighborhood with low default rates, your assessed ability to repay a mortgage may be significantly upgraded.
Once these 5 key assessments have been made, your Mississauga mortgage broker will be able to find the best mortgage to meet your needs within your means.
The Mortgage Centre is one of Mississauga, Ontario’s leading mortgage brokerage firms, offering seamless solutions to all your mortgage needs. Contact a Mississauga mortgage broker today – whether you want to buy a new home, set up a business or even refinance an existing loan or mortgage, we offer you the perfect solution to cater to your specific requirement.
What Your Mississauga Mortgage Broker Wants to Know About You
Once you’ve found a mortgage broker to help you find the right mortgage for your needs, you’ll need to discuss those needs with the broker. The broker will need to know some things about you before finding the right mortgage for you. Here are 5 key things your Mississauga mortgage broker will want to assess:
1. Your Character
Your general overview of your character is taken in by the mortgage broker in order to assess what kind of borrower you’ll be. This assessment is based on a variety of factors, such as your credit history, net worth, and earnings over the last several years. Your job stability and potential for increased earnings may also be taken into consideration. Some of the tools used to gauge these factors are your job and educational histories. You may be able to improve the assessment of your character by including references. This general character assessment will help your Mississauga mortgage broker to find you a mortgage that you are likely to be able to repay.
2. Your Payment Capacity
This may sound a lot like character, but this is based more on equations of your present wealth and income, though past repayment histories are taken into account. This is the factor that your lender will consider most important. Your Mississauga mortgage broker must first help you to identify your means of payment. All debts and incomes must be identified and compared. Often, the gross debt service ratio (GDSR) is used to make calculations about how much you’ll be able to pay each month.
3. Your Collateral
More than ever, lenders are seeking substantial collateral to cover mortgages. The lenders want you to both not want to lose your collateral and to be assured they’ll get at least something back if you default. So your Mississauga mortgage broker must assess the value and liquidity of the property for which you seek a mortgage. The local property market, the condition of the property, local zoning codes, other debts secured by the property, and a variety of other factors go into this assessment.
4. Your Capital
Capital is financial speak for what you own that has a present cash value or that will generate a future cash value. The most important capital as far as mortgage lenders are concerned is cash. In other words, they want to know how much cash of your own you’re willing to pay up front for the purchase of the property. The more of your own cash you put into a home in Mississauga, the more reassured the lender will be of your dedication to maintaining the home and making all of your mortgage payments.
5. Other Repayment Factors
There are many other things that may impact your ability to repay your mortgage. So your Mississauga mortgage broker will dig deeper into your circumstances and the circumstances surrounding your property. For example, if your property has any liens against it or you have any wage garnishments or alimony payments, your assessed ability to repay a mortgage must be significantly downgraded. On the other hand, if you’ve worked for the same company for fifteen years and are buying a home in a very well-kept neighborhood with low default rates, your assessed ability to repay a mortgage may be significantly upgraded.
Once these 5 key assessments have been made, your Mississauga mortgage broker will be able to find the best mortgage to meet your needs within your means.
The Mortgage Centre is one of Mississauga, Ontario’s leading mortgage brokerage firms, offering seamless solutions to all your mortgage needs. Contact a Mississauga mortgage broker today – whether you want to buy a new home, set up a business or even refinance an existing loan or mortgage, we offer you the perfect solution to cater to your specific requirement.
What Your Mississauga Mortgage Broker Wants to Know About You
Once you’ve found a mortgage broker to help you find the right mortgage for your needs, you’ll need to discuss those needs with the broker. The broker will need to know some things about you before finding the right mortgage for you. Here are 5 key things your Mississauga mortgage broker will want to assess:
1. Your Character
Your general overview of your character is taken in by the mortgage broker in order to assess what kind of borrower you’ll be. This assessment is based on a variety of factors, such as your credit history, net worth, and earnings over the last several years. Your job stability and potential for increased earnings may also be taken into consideration. Some of the tools used to gauge these factors are your job and educational histories. You may be able to improve the assessment of your character by including references. This general character assessment will help your Mississauga mortgage broker to find you a mortgage that you are likely to be able to repay.
2. Your Payment Capacity
This may sound a lot like character, but this is based more on equations of your present wealth and income, though past repayment histories are taken into account. This is the factor that your lender will consider most important. Your Mississauga mortgage broker must first help you to identify your means of payment. All debts and incomes must be identified and compared. Often, the gross debt service ratio (GDSR) is used to make calculations about how much you’ll be able to pay each month.
3. Your Collateral
More than ever, lenders are seeking substantial collateral to cover mortgages. The lenders want you to both not want to lose your collateral and to be assured they’ll get at least something back if you default. So your Mississauga mortgage broker must assess the value and liquidity of the property for which you seek a mortgage. The local property market, the condition of the property, local zoning codes, other debts secured by the property, and a variety of other factors go into this assessment.
4. Your Capital
Capital is financial speak for what you own that has a present cash value or that will generate a future cash value. The most important capital as far as mortgage lenders are concerned is cash. In other words, they want to know how much cash of your own you’re willing to pay up front for the purchase of the property. The more of your own cash you put into a home in Mississauga, the more reassured the lender will be of your dedication to maintaining the home and making all of your mortgage payments.
5. Other Repayment Factors
There are many other things that may impact your ability to repay your mortgage. So your Mississauga mortgage broker will dig deeper into your circumstances and the circumstances surrounding your property. For example, if your property has any liens against it or you have any wage garnishments or alimony payments, your assessed ability to repay a mortgage must be significantly downgraded. On the other hand, if you’ve worked for the same company for fifteen years and are buying a home in a very well-kept neighborhood with low default rates, your assessed ability to repay a mortgage may be significantly upgraded.
Once these 5 key assessments have been made, your Mississauga mortgage broker will be able to find the best mortgage to meet your needs within your means.
The Mortgage Centre is one of Mississauga, Ontario’s leading mortgage brokerage firms, offering seamless solutions to all your mortgage needs. Contact a Mississauga mortgage broker today – whether you want to buy a new home, set up a business or even refinance an existing loan or mortgage, we offer you the perfect solution to cater to your specific requirement.
What Your Mississauga Mortgage Broker Wants to Know About You
Once you’ve found a mortgage broker to help you find the right mortgage for your needs, you’ll need to discuss those needs with the broker. The broker will need to know some things about you before finding the right mortgage for you. Here are 5 key things your Mississauga mortgage broker will want to assess:
1. Your Character
Your general overview of your character is taken in by the mortgage broker in order to assess what kind of borrower you’ll be. This assessment is based on a variety of factors, such as your credit history, net worth, and earnings over the last several years. Your job stability and potential for increased earnings may also be taken into consideration. Some of the tools used to gauge these factors are your job and educational histories. You may be able to improve the assessment of your character by including references. This general character assessment will help your Mississauga mortgage broker to find you a mortgage that you are likely to be able to repay.
2. Your Payment Capacity
This may sound a lot like character, but this is based more on equations of your present wealth and income, though past repayment histories are taken into account. This is the factor that your lender will consider most important. Your Mississauga mortgage broker must first help you to identify your means of payment. All debts and incomes must be identified and compared. Often, the gross debt service ratio (GDSR) is used to make calculations about how much you’ll be able to pay each month.
3. Your Collateral
More than ever, lenders are seeking substantial collateral to cover mortgages. The lenders want you to both not want to lose your collateral and to be assured they’ll get at least something back if you default. So your Mississauga mortgage broker must assess the value and liquidity of the property for which you seek a mortgage. The local property market, the condition of the property, local zoning codes, other debts secured by the property, and a variety of other factors go into this assessment.
4. Your Capital
Capital is financial speak for what you own that has a present cash value or that will generate a future cash value. The most important capital as far as mortgage lenders are concerned is cash. In other words, they want to know how much cash of your own you’re willing to pay up front for the purchase of the property. The more of your own cash you put into a home in Mississauga, the more reassured the lender will be of your dedication to maintaining the home and making all of your mortgage payments.
5. Other Repayment Factors
There are many other things that may impact your ability to repay your mortgage. So your Mississauga mortgage broker will dig deeper into your circumstances and the circumstances surrounding your property. For example, if your property has any liens against it or you have any wage garnishments or alimony payments, your assessed ability to repay a mortgage must be significantly downgraded. On the other hand, if you’ve worked for the same company for fifteen years and are buying a home in a very well-kept neighborhood with low default rates, your assessed ability to repay a mortgage may be significantly upgraded.
Once these 5 key assessments have been made, your Mississauga mortgage broker will be able to find the best mortgage to meet your needs within your means.
The Mortgage Centre is one of Mississauga, Ontario’s leading mortgage brokerage firms, offering seamless solutions to all your mortgage needs. Contact a Mississauga mortgage broker today – whether you want to buy a new home, set up a business or even refinance an existing loan or mortgage, we offer you the perfect solution to cater to your specific requirement.
Capitalism: Success, Crisis and Reform (PLSC 270) Professor Rae discusses the subprime mortgage crisis. Major actors are presented and analyzed, including homebuyers, brokers, appraisers, lenders, i-banks, and rating and government agencies. Major actors’ incentives and risks are assessed. Professor Rae also presents a brief history of government involvement in mortgage markets. Deregulation of the industry and its consequences are explored, and Professor Rae facilitates a discussion on apportioning blame for the collapse of the US housing market. Complete course materials are available at the Open Yale Courses website: open.yale.edu This course was recorded in Fall 2009. First Time Home Buyer Programs Video Rating: 0 / 5
Body: A huge fiscal crisis, an economic down turn, financial budget collapses – it is heard of all around the globe. A huge majority of Americans have faced the worse consequences of the hard-hitting recession in one way or another. Be it salary cuts or losing jobs or cut backs in hours – it is the citizens who have faced it real and intense over the period of time. The worst affected are those who are on mortgage loans and are not able to make their mortgage loan payments on time. Foreclosure is the nightmare that they are likely to be faced with. In a state of such affairs, the Obama government has devised a scheme known as Home mortgage refinancing. Home mortgage refinancing is a scheme where you are entitled to refinance your existing home mortgage loan so as to reduce on your overall monthly payments in terms of mortgage rates refinance, the relaxation on principal amount and the extension of repayment term. Now how to avail the benefits of such schemes devised by the government is a question:
Know what will influence the mortgage refinance rate that you will receive. Here are the elements that will determine the rate you will receive –
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a. Loan size
b. Credit Scores
c. Paid points
d. Debt to income ratio
It is important to know thoroughly well about the above in order to understand and evaluate the home mortgage refinancing schemes available to you.
Understand that advertised rates are not reliable. Experts say that when home mortgage refinancing companies publish their rates, it is most likely that only about 10% of applicants get to avail them. Best thing to do in such a situation is to refer to mortgage refinance online help and accordingly, use mortgage refinance calculators to know about the exact payments that you are to make on a monthly basis in future. Know what type of loan you want. Disclosing details to the loan officer will facilitate the process towards being given the best possible rate. State how long you would be able to pay off your loan and how much you would really need. Are you into paying points to lower the mortgage refinance rate? Contemplate well before deciding to nod on any offer. If you inform your loan officer immediately regarding information that will reveal whether you meet all the requirements or not, the sooner you will know if you will be exempted from paying the other additional fees. Shop around. This is one of the best ways to go with any kind of transaction. Know the credibility of your choice lenders. Allow ample time for you to get the hang of all the mortgage refinancing terms if you’re a newbie on this industry. Doing your homework will save you not just some money but also from future headaches.
So do not wait before it is too late. Go ahead, shop around through mortgage refinance lenders like Refinanceitt.com which is an US based mortgage refinance companies providing services in mortgage refinancing and loan modification to prevent foreclosure of home, and find out if you are eligible to avail benefits of home mortgage refinancing. If so, consult a good mortgage refinancing company and you can be saved not only from a good deal of paper work but also you’ll help yourself getting the best deals.
Author is regular writer for Refinanceitt.com, US based mortgage refinance companies. He believes that lowering your monthly payments by choosing mortgage refinancing is an easier way out to make your home more affordable.
Mortgage Mistakes
Mortgage Mistakes – The Top Reasons Your Lender Can Say “No!” and How to Avoid Them can help you identify and avoid the primary sources for headaches during the mortgage process and declined mortgage applications.
