Home Mortgage Loan Pre-approval Online – Keys When Applying For A Mortgage OnlineWritten by Carrie Reeder
Applying online for a mortgage is very fast and easy. Just make sure of a few things before you start to look for places to apply to. Here are some tips to keep in mind when searching for a mortgage company to help you online:
1. Apply with many different brokers, but make sure online application or inquiry that you fill out will not allow them to pull your credit - If they ask you to describe your credit, it is likely that broker is not going to pull it. If you enter your social security number, it is likely that they will pull your credit. If you do not enter your social security number, usually, that makes it so that they cannot pull your credit. They eventually will need to pull your credit, but you want to make sure you have narrowed down broker that you want to work with before they pull your credit.
2. Enter information on your application accurately – If you are not accurate on your application, this will slow down approval process. State your income accurately. Sometimes people will inflate their income on their application in hopes that this will help their approval process. What this does is give broker a false sense of your situation. The mortgage application and approval process will go much smoother if you are accurate in stating your income and assets and credit history before you get into approval process.
Debt Settlement StrategiesWritten by Medha Roy
One of most common social diseases remains dormant for a long time. And when it raises its head, it reveals its monstrosity slowly. What is social malady? Think. More than a million Americans are affected by it. Yes, I am talking of ugly disease known as debt. Most of us don't think when we go on a shopping spree. This happens more when we are armed by those devil-in-disguise plastic cards, better known as credit cards. Credit cards are useful, but they can easily ring death-knell of all fun and frolic with their bills.
Once you incur debt, especially credit card debt, you have few options left to redo your life. However, these options are highly effective. One of best methods to deal with enormous amounts of debt is to consolidate all your debts. What is debt consolidation? When you incur multiple debts, all at high interest rates and feel victimized by abusive creditor calls, contact nearest and most reliable debt consolidation firm. How will you know it is reliable? If they tell you they will eliminate all your debts in days in lieu of a hefty fee, step out immediately. Further, they may give you a quote over phone itself, even before you have paid them a visit. These are indications of smooth-talking moneymakers.
Say, you have decided upon a debt consolidation company. Their first job is to club multiple debts into one, slash high interest rates and make you pay only one low monthly installment. Secondly, they step in between your creditors and you. Creditors stop calling you once and for all. The debt consolidation experts try to convince your creditors to reduce interest rates charged. Some creditors actually reduce your charges!
However, if you have hit pit, debt consolidation may not be right solution for you. Don't lose heart. There are ways to take you out of this misery. Say your financial condition is so poor that you cannot afford to pay even minimum payment required per month. Due to this, you fall out of debt consolidation program. What you enroll in is known as debt settlement program.