Home Mortgage Loans For People With Bad Credit

Written by Carrie Reeder

Getting a home loan with bad credit has actually never been easier than it is today. Here are some tips to help improve your chances of success:

Find A Good Real Estate Deal – If you can find a property that has some equity in it when you purchase it, you may have an easier time getting financing on that property. Torepparttar lender it may be almost as good as if you had some kind of down payment onrepparttar 148752 property. Some lenders will considerrepparttar 148753 properties loan to value ratio when they considerrepparttar 148754 loan. Talk to your mortgage broker and see if this factor could help you get qualified.

Try Creative Financing – See ifrepparttar 148755 seller would be willing to carry back a second mortgage onrepparttar 148756 home. This is where you set up a contract or agreement withrepparttar 148757 seller that you will pay them monthly payments, including interest of, let’s say, $150/mo on $10,000 dollars ofrepparttar 148758 price ofrepparttar 148759 property, as a second mortgage. Then, to make it nice forrepparttar 148760 seller, perhaps put inrepparttar 148761 agreement thatrepparttar 148762 entire amount is due in full within 2 years or something. That should give you plenty of time to refinance and thenrepparttar 148763 seller doesn’t feel permanently locked intorepparttar 148764 contract.

Save For A Down Payment – There are lenders who may be able to qualify you for 100% financing, even with low credit scores, but your interest rate will be much lower if you can put even 3-5% down. If possible, try to save as much as possible for a down payment. Sometimes it may be better to wait about 3-6 months to get into a new home loan if it meansrepparttar 148765 difference of having a down payment. The interest rate could be quite a bit better because of that factor. However, if you don’t want to have a down payment, you can always refinance later for a lower interest rate.

Option Trading Tips - Crash & Earn!

Written by James Thomas

Asrepparttar market is driven byrepparttar 148751 emotions of fear and greed we can always count on rising and falling markets.

History has shown thatrepparttar 148752 market does have incredible run ups (i.e.repparttar 148753 tech boom) and incredible collapses (i.e.repparttar 148754 tech crash). Inrepparttar 148755 big bull market ofrepparttar 148756 late 1990's/2000 everyone was making money untilrepparttar 148757 market crashed and then a lot of people gave back all their profits while others lost their shirts.

How many people do you know actually profited fromrepparttar 148758 crash?

We all knew it was coming, didn't we?

TIP: One ofrepparttar 148759 most profitable things we can do as an option trader is to buy puts in a falling market. It sounds too simple I know but often it'srepparttar 148760 simplest things that can producerepparttar 148761 most profitable results.

I recently read of about a woman who bought $10,000 worth of puts onrepparttar 148762 S&P 500 a week beforerepparttar 148763 massive stockmarket crash of 1987.

She was only a beginner to option trading but she knew enough to see thatrepparttar 148764 market was sky-high and that there were dark clouds onrepparttar 148765 horizon.

She was quite surprised (overrepparttar 148766 moon!) to get a call from her broker onrepparttar 148767 following Monday saying that her puts were now worth $500,000!

As everyone was panicking, she was quietly unaware that she was making an absolute fortune! Hard to believe I know, butrepparttar 148768 lesson here is that you don't have to be a rocket scientist to make money by trading options.

Now we can't go back in time and make that trade for oursleves and when it comes to crystal balls, well mine is as good as yours...but we can 'expect' thatrepparttar 148769 market WILL crash again (it always does) and all we need to do is to wait patiently for that turning point with our fingers onrepparttar 148770 put buying trigger.

Cont'd on page 2 ==>
ImproveHomeLife.com © 2005
Terms of Use