PUBLIC MARKS from bhartzer with tags mortgage & home

Home construction loans are more complicated than a traditional mortgage loan. You need to deal with a loan officer that has a considerable amount of experience providing home construction loans to consumers. Here are four questions to ask your home construction loan officer.

The Home Affordable Modification Program has seen limited success, though. Now, we re hearing of a new program to be offered, called the Home Affordable Foreclosure Alternatives Program. Here is what you need to know about the Home Affordable Foreclosure Alternatives Program.

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home s sale price, the term of the loan desired, buyer s down payment percentage, and the loan s interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.