I-Mortgage Network

Get 7 Mortgage Tips Lenders Don't Want You to Know...that Can Save You Thousands on Your Next Mortgage!

Sat, 08 Mar 2008 23:01 GMT

Hello,

As you probably know, mortgage lenders want to make as much money
as possible on your mortgage loan. You can just take a look at your
loan papers and see all the fees you may be currently paying
(e.g. loan origination, application fees,lenders attorney's fees etc).

What you may not know is that there are some key mortgage tips you can
use to your advantage when securing your next mortgage loan, that lenders
don't want you to know...because these tips can cut into their bottom line.
That means less money for them, and more money for you.

I don't know about you, but if I had the option, I'd want to keep more of my
hard earned money, rather than handing some of it over unnecessarily to a
mortgage lender.

To Discover 7 Exclusive Mortgage Loan Tips Lenders Don't Want You To Know
that Can Help You Save Thousands Of Dollars On Your Next Mortgage Loan...
check out our following site!

http://www.mortgagetips1.com/home

To your success,
Traci Crowley
I-mortgagenetwork.com
Mortgagetips1.com

Who Wants to Save Thousands of Dollars on Your Next Mortgage Loan?

Thu, 20 Dec 2007 14:27 GMT

Hi,

If you are like many Americans, you may have searched for mortgage loan solutions, but could use some help before and during the mortgage process to insure you find a product that best meets your needs.

Check out the tips below to help you secure your next mortage loan.

1) Review your own credit report and credit score before you apply for a new mortgage. The banks do not want you to know your credit score, because that is your ticket to negotiating your interest rate and fees on the mortgage loans you apply for...and that cuts into their profits. Also, this gives you an opportunity to verify your credit report for accuracy, correct any errors, and determine if you can pay off some outstanding debts that may be hurting your credit. This can help you secure a lower interest rate.

If you don't check your credit before you apply, that's just like handing your hard earned money over to the bank, because you will be paying higher interest rates. Why not be proactive, and position yourself for lower interest rates and significant savings on your mortgage loan, rather than letting your lender call all the shots? Remember...knowledge is power!

2) Only work with mortgage professionals that are employed to search for the best mortgage solutions available for your situation. Think about it this way...who do you think would secure the best rates for you, Mortgage Professional A who only works with one bank, or Mortgage Professional B who has access to hundreds of banks who are ready to fight for your business? As you can imagine, if you commit to working with one lender, they may try to convince you that they are the only one out there who can provide you with the mortgage solution you are looking for. In most cases, that is far from accurate. You are much better off if you work with a mortgage professional who has access to numerous banks that will compete for your business.

Mortgage Loans United

3) Although it may be convenient to apply for your mortgage at your local bank, this may not be in your best interest. Banks have hidden fees that are often much higher than other institutions who are prepared to compete more for your business.

Think about this, why would your bank go out of their way to provide you with the best rates and lowest fees when they already have your business?

Now, if you closed your account, the bank clearly would have more incentive to get your business back and may provide much better rates at that time, but the rule of thumb is... Don't apply for your mortgage at a bank if you want to avoid paying higher rates.

Check out the link below to get access to 4 more Exclusive Tips that can help you save thousands of dollars on your next mortgage loan.

Mortgage Loan Tips, Sub Prime Lending Solutions, and More!

To your success,
Traci Crowley
www.i-mortgagenetwork.com

How to Avoid Mortgage Loan Scams

Wed, 05 Dec 2007 22:23 GMT

As you may already know, there has been a lot of uproar in the mortgage industry lately.

Several large mortgage companies have had to lay off a large portion of their
workforce in order to try to recoup losses assumed by writing bad loans.

What has happened in many cases is that mortgage brokers have preyed on uneducated
consumers. They promised consumers a great mortgage loan solution when presenting their Good Faith Estimate, but during the loan process they bait and switched them to sub-standard Adjustable Rate Mortgage loans. As interest rates climbed out of control, many people could no longer afford to make their mortgage payments....ultimately leading to the foreclosure of their homes.

Consumers lose their biggest investment, banks also lose by selling the foreclosed real estate at a huge discount.

So how can you avoid mortgage scams?

The answer is simple....

1) Educate yourself on the loan you are interested in securing
2) Ask Questions as many times as you need to until you fully understand
the terms of the loan you are trying to close
3) Only work with mortgage loan representatives with a proven track record providing mortgage solutions that best meets their customers needs.

If you are looking for help securing your next mortgage loan or refinance....look no further.

MortgageLoansUnited.com is your answer!

They work with over 350 Banks for residential loans and over 1269 banks for commercial
loans. This means they have numerous options to choose from, and can provide extremely competive rates for the loan solution you want to secure...regardless of your credit rating.

What's also nice is they want to help you maintain or improve your credit rating, so they only run your credit one time after completing your application...that's it. TONS of other lenders and mortgage reps don't care much if they lower your credit score by running your credit time and time again...they are mostly concerned with how much money they will make when closing your loan. You won't have to worry about needless dings on your credit report with MortgageLoansUnited.com .

Go ahead and apply for a loan with MortgageLoansUnited.com you'll be happy you did.

The application page can be found at the following link:

http://www.mortgageloansunited.com/apply.html

All the best,
Traci
I-Mortgage Network Team

The Truth About Bad Credit Mortgage Refinance Loans

Sat, 25 Aug 2007 21:56 GMT

Lets face it, sometimes circumstances in your life may ultimately cause your credit to be less than perfect at times.

The good news is that it doesn't mean you have no options to refinance your mortgage. What it does mean is that you will be paying higher interest rates for your bad credit mortgage refinance, and potentially higher closing fees.

The reason many lenders require higher fees when working with bad credit loans, is that they classify these types of loans as being high risk for default. Charging higher rates and fees allows the lenders to make enough money financing these loans up front, so ultimately the risk of defaulting on the loan in the banks eyes would be minimized to a point.

So what does all of this have to do with you? We'll tell you...

If you are looking for a bad credit mortgage refinance solution, there are two options you should consider before securing a loan.

1. If you can, pay off some of your outstanding debt. This can help improve your credit scores, and with higher credit scores, you can get lower rates.

2. Compare bad credit mortgage refinance rates, so you can get the best deal you can for your personal situation.

An excellent place to start, is with the form below.

To get started, you just select which option you want to investigate based on what you want to accomplish with your bad credit mortage refinance loan, and one of our authorized representatives will do their best to help you out.

Even if you don't think you can qualify for a refinance loan, you should fill out the form to see your options. You may be able to significantly reduce your monthly payments, and/or get some much needed cash out for your home improvement projects, debt reduction etc.

You won't know your options until you take that next step, and get a free bad credit mortgage quote by filling out the form below. After all, you don't have anything at all to lose, and this can be a major step to improving your financial future.

	Home

Time to Refinance Your House? Avoid These Common Mistakes

Fri, 05 Jan 2007 22:18 GMT

A new year is here, and you may be looking for a way to generate some cash flow.

A House Refinance can be a great option because it can allow you to use the equity in your home to pay off some higher interest debts, or e.g. do some home improvements you've been wanting to do...but just did not have the funds.

Although home refinance loans can be a good solution...it's important to avoid these common mistakes:

1) Read the fine print on your mortgage loan agreement BEFORE signing the contract

-Many people sign mortgage loan contracts, get their money, then a year or so later are surprised to learn that their interest rate has skyrocketed. Read your contract very carefully and make sure ALL of your questions are answered before committing to a mortgage loan prematurely.

2) Don't let a mortgage advisor talk you into a refinance loan if the time is not right for you

-There are thousands of companies and banks who are anxious to increase their bottom line, and get your mortgage business. They may present you with extremely low rates, but again...read the fine print. The rates presented to you are often times just introductory, and can significantly increase over time...depending on the type of mortgage loan you secure.

You may be presented with a good rate now, but you should evaluate the rate relative to your current situation.

For example, if you have an ARM loan and are making minimum payments because you plan on moving shortly, but you get convinced to to accept a lower fixed rate..this can mean you may be paying several hundred dollars more per month on your mortgage.

The difference between a minimum and full Principal and Interest Payment can be quite substantial, especially in the short term. You could be saving hundreds of extra dollars per month until you move, then when you decide to make a long term committment on a property, it could make better sense for you to get a fixed mortgage and pay the full Principal and Interest payment at that point. It all depends on your situation.

For additional mortgage loan resources please visit the following links:

http://www.i-mortgagenetwork.net
http://www.i-mortgagenetwork.org
http://www.i-mortgagenetwork.com

All the best,

Traci
I-MortgageNetwork Team

Watch Our Lenders Fight For Your Mortgage Business

Tue, 20 Jun 2006 15:09 GMT

If you are in the market for a Mortgage Refinance, Home Equity Loan, Debt Consolidation, First Mortgage or another mortgage solution, chances are...you want the best possible rate you can get.

One of the best ways to insure that you get the best available mortgage rate is to compare rates of different mortgage lenders. Good lenders will work hard to gain your trust and business. When lenders are forced to fight for your business, you'll be surprised how flexible they may become on their fees and your interest rate.

This can mean huge savings on your mortgage fees, and more money in your pocket to spend, save, or invest as you choose.

The great news is that we found an excellent resource that can help you find the best mortgage to meet your needs....regardless of your credit rating.

Click on the image below and we will connect you to competing lenders for FREE. Watch our lenders fight for your mortgage business today!

All the best,

Traci

I-Mortgage Network team

P.S. Please also visit our site:

http://www.i-mortgagenetwork.com/

Your resource for first mortgages, second mortgages and more!