How To Use A Military Mortgage

February 5, 2010

Active duty military personnel who are having financial problems with their mortgage payments have some avenue of help under the Soldiers and Sailors Relief Act which can be very beneficial to them and to their families.

Who is eligible for this program?

The provisions of the SSRA apply to active duty military personnel who had a mortgage obligation prior to enlistment or prior to being ordered to active duty (for Re Read more

Mortgages, True Costs Revealed – Early Redemption Charges

January 14, 2010

An Early Redemption Charge is a fee you must pay for paying off a mortgage before the agreed end of a deal with a lender.

Why are such penalties applied?

In order to attract borrowers, lenders are often forced to compete by offering mouth-wateringly cheap deals in the first two or three years, sometimes for longer per Read more

Mortgage Saving Tips For Your Home Mortgage

December 27, 2009

Here are our top tips for how to save on your mortgage payments on your house, follow them and you could save $100,000 in interest payments and years off your loan term. Sounds to good to be true well see how easy it is in these money saving tips. Learning how to save on your mortgage can set you up to slice years off your loan. Finding out if you can save on your mortgage payments won’t cost you anything, and you will discover whether you have t Read more