New Home Loan - Understand The Various Types Of Mortgage Lenders

Written by Carrie Reeder

Continued from page 1

Savings and Loan

Half ofrepparttar mortgage loans inrepparttar 148539 United States are made by local savings and loans. If you belong to one, be sure to check their rates—they’re likely very good.

Government Loans

A lot of people falsely believe thatrepparttar 148540 government is inrepparttar 148541 business of making mortgage loans—they’re not. But they do “back” certain loans, which makerepparttar 148542 lenders more apt to extend them. Forrepparttar 148543 best information on government backed loans, talk to your local banker.

There are also many mortgage companies online that can help you find direct mortgage lenders and home loan brokers that will best suit your needs. This is a quick way to find a good mortgage loan and compare rates and offers from multiple lenders. When lenders compete for your business, it works to your advantage. To view our list of these recommended online mortgage companies, visit this page: Recommended Online Home Mortgage Lenders.

Carrie Reeder is the owner of ABC Loan Guide, an informational website with articles and the latest news about various types of loans.

Saving Money - The Magic 20 Percent

Written by Emmanuel Mendonca

Continued from page 1

Savings – Seeingrepparttar Big Picture

If you could save 20 percent of your salary each month, imagine what that would mean in real financial terms. For example, if you earn 2000 dollars per month and you saved 20 percent or 400 dollars out of every pay cheque, after 12 months you will have saved 4800 dollars! Regularly saving this amount of money would give yourepparttar 148538 financial freedom to take advantage of more of life’s opportunities. You could planrepparttar 148539 special holiday you have always wanted to go on, buyrepparttar 148540 car that you have been dreaming about for years, or help put a child through college. When it comes to life’s challenges, having a lump sum put away could help you pay for private medical care or deal with an expensive plumbing problem inrepparttar 148541 home, all without having to turn torepparttar 148542 bank for a loan and getting into debt.

How Can it Be Done?

As we have already seen, knowing exactly where your money is going isrepparttar 148543 starting point. Next, start thinking aboutrepparttar 148544 big things you could achieve with some money inrepparttar 148545 bank. Some people compensate themselves for not having what they really want, by making many frequent small purchases and getting a temporary “feel good” sensation afterwards. Rather than satisfying yourself with small purchases, such as new clothes and CDs every week or always buyingrepparttar 148546 latest mobile phone, think about how much more satisfying it would be to save up and buy or do something special, which you previously thought was out of your reach, but is achievable with a little effort.

Emmanuel Mendonca is the webmaster and publisher of Debt Genius at - a free source of information and advice on debt consolidation, getting out of debt and on saving money.

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