Obtaining a Second MortgageWritten by Garret Belisle
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Side bar : more people applying, more competition grows with bank and loan corporations which can some times result in your rate actually being below prime. Another great thing is that you can even take your homes worth and turn it into a line of credit. Which is nice because you now have a better credit rating and peace of mind. Don't go overboard, always take a loof at your future financial obligations first. You do not want repo man knockin at your door.As always see a professional you know and trust, look around and see what is available to you. You have a wide range of options available to you. Garret By way if you are looking at buying a home for first time you can find several useful articles listed over at www.gbcmortgage.blogspot.com, a great resource to give you some tips and tricks, and be sure to read ever popular post "How to Buy a Home with No Down Payment",
Garret Belisle is the author of a blog designed to help you on your way to home ownership, and some helpful tricks on down payments and credit repair. You can view the site here at http://www.gbcmortgage.blogspot.com. Be sure to check out www.firefoxmentor.com for the latest information on the firefox browser.
| | What is a "Simultaneous Second Mortgage?"Written by Garret Belisle
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What's in it for Me? The borrower save money because their monthly payment will be lower than it would be with a single, larger first mortgage, plus there's only one set of closing costs. As always, take a look at your situation. See whats around and of course you can always check out information here and verify it with your banker or mortgage officer. All best Garret Belisle
Garret Belisle is the author of a blog designed to help you on your way to home ownership, and some helpful tricks on down payments and credit repair. You can view the site here at http://www.gbcmortgage.blogspot.com. Be sure to check out www.firefoxmentor.com for the latest info on the firefox browser
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