http://homehelperservices.net en-us http://homehelperservices.net N/A vfetty@dbs-inc.org Thu, 29 Jul 2010 15:24:33 CDT 20 http://homehelperservices.net/articles/60/1/Reverse-Mortgage-A-Popular-Loan-For-Senior-Citizens Are 62 years of age or older, own a home, and need some extra cash? Depending on additional requirements, you may be eligible for a reverse mortgage. No loan payments are required while the reverse mortgage is outstanding. The loan is repaid when you cease to occupy the home as your principal residence, when you sell the home or when you die. Missy Moore Mon, 05 Dec 2005 00:00:00 CST http://homehelperservices.net/articles/21/1/Popular-Programs Here's a brief summary of some of the more popular programs for mortgages: Department of Veterans Affairs (VA) mortgages Federal Housing Administration (FHA) mortgages Rural Housing Service mortgages State and local government-backed mortgages Down payment assistance programs Missy Moore Mon, 07 Nov 2005 00:00:00 CST http://homehelperservices.net/articles/20/1/Other-Types-of-Mortgages Borrowers don’t realize how diverse the mortgage industry is. There are other types of mortgages and ways to finance a home besides the standard fixed rate and adjustable rate mortgages. Some of the other types of mortgages include: Construction mortgages Seller financing Assumable mortgages Two-step mortgages Jumbo mortgages Balloon mortgages Missy Moore Mon, 07 Nov 2005 00:00:00 CST http://homehelperservices.net/articles/14/1/Fixed-Rate-Mortgage-30%7B47%7D15 There are several types of mortgages offered by lenders, but the most common are fixed rate mortgages. Generally, these loans are popular because consumers choose fixed rates because they don’t want their house payment to rise and fall with interest rates. They also choose these loans because whenever rates are low, the fixed rate mortgages are very affordable. A borrower who chooses a fixed rate mortgage has two options: 15 year or 30 year loan. Which one is better for you? Missy Moore Mon, 07 Nov 2005 00:00:00 CST http://homehelperservices.net/articles/13/1/Which-is-the-Best-Mortgage-Option-for-You%3F Fixed Or Adjustable? Having the low initial cost of adjustable rate mortgages (ARMs) can be very tempting to home buyers, yet they carry the degree of uncertainty. On the other hand, having a fixed rate mortgage can offer rate and payment security, but they can be more expensive. There are many advantages and disadvantages of the adjustable rate mortgage and the fixed rate mortgage. Missy Moore Mon, 07 Nov 2005 00:00:00 CST http://homehelperservices.net/articles/5/1/Adjustable-Rate-Mortgage An adjustable rate mortgage, or ARM, is a mortgage loan that allows the interest rate and monthly payment to move up and down as market interest rates fluctuate. Initially, the loan is set at a fixed rate for a period during which the borrower’s rate doesn’t change. This is followed by a much longer period during which the rate changes at preset intervals. Vin Fetty Mon, 07 Nov 2005 00:00:00 CST