4 Reasons to Avoid a 15-Year Mortgage – For one thing, 15-year loans tend to come with lower interest rates than 30-year loans, and the shorter the life of your loan, the less money you’ll spend. Here are four reasons to avoid a 15-year.

Why it might not be a good idea to combine a mortgage that’s almost paid off with a home-equity loan – This means that a $1,000 mortgage payment is probably paying down what you owe on the loan by about $900. Early on in your loan, you paid mostly interest and very little principal, but now it’s the.

Buying a house? Mortgage rates are near a 4-year peak – average long-term mortgage rates have been rising steadily this year and are now at the highest level in almost four years. That translates into higher mortgage payments and more money paid out over.

Hard Money Loans – We offer hard money loans to areas including New Jersey, New York, connecticut. loan terms: amortized from 2 to 30 years; LOAN TO VALUE: Up to 65%.

How to Get a Hard Money Loan Approval: 12 Steps (with. – Hard money loans are generally lent to borrowers to finance real estate investment opportunities or other collateral backed loans; they are funded by private investors as opposed to banks. A hard money loan might be an appropriate option if you do not have a high enough credit score to secure a loan.

With more than 30 years experience in equity based lending, GCMAC specializes in financing for individuals and companies whose needs are not fully met by traditional banks. GCMAC is a family owned direct hard money lender (not a broker) based in San Antonio, Texas.

Hard Money Lending Programs Starting At 9. – 30 year amortization *final rates vary based on verification of application information, loan type, and other risk factors.. Even with tarnished credit, a borrower can obtain a hard money loan using the value of the investment property as collateral.

Loan Services Market 2018 Global Trend, Segmentation and Opportunities Forecast To 2025 – (Heraldkeeper. 3357238-global-loan-services-market-size-status-and-forecast-2018-2025 Market segment by Type, the product can be split into Conventional Loans Conforming Loans FHA.

Hard money and soft money are all about "Ltv (loan to value)". Everyone needs to have "Skin in the game." 3. All owner occupant loans MUST be fully amortized over 30, 20, or 15 years and the rate must be less than 6.5% over the APOR (which is about 11.02% as of July.

Home borrowing costs jump as average US 30-year mortgage rate rises to 4.47% – Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-rate mortgages rose to 4.47% from 4.42% last week. This benchmark rate averaged 3.97% a year ago. With the start of the.

Pete the Planner: A critical look at 15-year mortgages, a financial product I like – A hot housing market dotted with quick-selling homes often means raising your offer to get the winning bid, which makes the 15-year mortgage less attractive or affordable. That leaves you with the.