Did you know that if you buy a house between Jan1 2009 and Nov 30th 2009 the government will give you up to $8,000 or 10% of the purchase price – whichever is less. The best thing is you don’t have to wait to get your money. Once you buy the hous…

If you were to ask any financial expert whether or not you need to check you credit report, chances are they will tell you it is essential information to check up on at least once a year. The average person, however, has never checked their score and i…

Beware Tip# 1: When people have faced credit challenges in the past collection accounts are normally on their credit report. When looking to obtain a mortgage, collection accounts will normally need to be paid off (although there are exceptions to this…

In the smaller side of the middle market, it may be less difficult to obtain financing, says one specialty finance lender. There are pockets of money out there to be put to work, but the problem is that deals do not hold together, he adds. Financing te…

“In my opinion one of the biggest problems with our credit crunch and high foreclosure rate is bank reliance on FICO scores. FICO scores do a good job of reporting an individuals past history of repayment of debt. The biggest problem is the scores do…

Mortgage lending has become a thriving business with more and more mortgage borrowers relying on mortgage lending institutions to get loans. The Internet has made comparing and studying different lending institutions easier for the mortgage seekers. Mo…