There are lenders out there who give what are referred to as terrible credit mortgage loans, if you are experiencing financial problems, a situation that is common to many people everywhere. Possibly you recently just got divorced, lost your business, had large medical bills, or maybe you have had too many credit cards and [...]

There are lenders out there who give what are referred to as terrible credit mortgage loans, if you are experiencing financial problems, a situation that is common to many people everywhere. Possibly you recently just got divorced, lost your business, had large medical bills, or maybe you have had too many credit cards and now [...]

a friend is buying a house and his lender he is dealing with said for him too lock in the rate as of today 10-21-09 it would be 5.87,he called a second lender he previously dealt with and he said he could lock with 5.25..my question is can these two Numbers be right,i thought it [...]

The recession was caused by people being unable to pay back their home mortgages because the mortgage rates were too high?
Banks were not getting their money back from home owners, causing a credit crunch, thus they were unable to lend money to huge businesses.
Huge businesses then had to cut back on expenses and started to [...]

I am trying to buy a mixed use building (5 residential units and 2-4 commercial stores) in NJ. I know that commercial mortgages are a small different from home mortgages (i.e. there are no 30 year loans).
What different types of mortgages are available for purchasing a building like this?
Also, the money [...]

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