Mortgage Loans for Purchase or Refinance

Compare Several Mortgage Loan Offers

Mortgage loans for purchase of real estate or the refinance of your present home, are offered at the best rates available. But don't just compare rates and fees, also check out the customer reviews. A loan that takes too long to get approved or processed might mean you loose the purchase deal you made. Every purchase contract has contingencies about how long you have to close the loan and in today's competitive market the contingencies are enforced.

It also pays to get pre-approved so that you have a loan approval in hand when you go shopping for your home. Be careful about the terms of the approval you get. A pre qualifed letter is almost meaningless since credit is not checked. A pre approval means your credit and income has been verified. The approval of the final loan will be subject to the appraisal.

Compare Several Loan Offers

Compare several loan offers with just one application and then select the loan that has the best interest rate and terms for you. Apply now for a fast pre-approval. Apply here.

In these difficult times it is even more important to manage your financial health as well as your personal health.

The Money Loan Store provides the expert financial information you need for mortgages, student loans, personal loans, car loans, credit cards, second mortgages, equity loans, bad credit loans, and tips on managing your credit.

Construction Loans

Thinking of building your new home? Find out what you need to know about construction loans. You can start here with the basics of construction loans including learning all the construction buzz words.

Car Loan Payment Calculator

Shop for an auto loan before going to the car dealer. Fill out the fast application and get immediate approval. Compare several offers and pick the best one for you.

You can also refinance your auto loan the same way. Compare your present payment with a new lower payment and see how much you can save every month.

Bad Credit Loans

When your income is drastically reduced the first place you look to save money is by not making loan payments. This can have a serious effect on your credit report which will in turn effect your ability to borrow money. If this has happened to you, there still may be ways to borrow money with a special bad credit loan. You can request up to $10,000 in one fast application.

Personal Financial Tips

Jul 27, 2021
Mortgage Rates to rise in 2022
Federal Reserve Indicates Higher Rates
The Federal Reserve is getting more concerned about price hikes and wage increases beginning a new round of inflation. Their response will be to raise interest rates as soon as early next year. That means mortgage rates will rise and homeowners will lose the benefits of refinancing to a lower interest rate loan. Or new homebuyers will be caught with rising interest rates and rising costs of homes. Make your move now and get qualified for a purchase mortgage or for a refinance mortgage. More info...

Jul 15, 2021
Shop for a Car Loan
Be Smart and Save
Shop for an auto loan before going to the car dealer or refinancing your present loan. Fill out this fast application and get immediate approval. Compare several offers and pick the best one for you in terms of interest rate, loan term, and monthly payment.
You can also refinance your auto loan the same way. Compare your present payment with a new lower payment and see how much you can save every month.
The cost of a car is one thing, but the cost of a loan is another. Be smart and get the best deal on both the car and the loan. More info...

Jul 15, 2021
Bad Credit Loans
Get Yourself Out of Financial Trouble
When your income is drastically reduced the first place you look to save money is by not making loan payments. This can have a serious effect on your credit report which will in turn effect your ability to borrow money. If this has happened to you, there still may be ways to borrow money with a special bad credit loan. You can request up to $10,000 in one fast application. More info...

Jul 15, 2021
Best Credit Cards for Rewards
Use Cash Rewards for Anything
Credit Cards as Financial Tools
Credit card companies include Chase, Bank of America, Wells Fargo, Citi, Capital One, and HSBC. You can choose the best card for you in terms of cash rewards and 0% interest. More info...

Jul 14, 2021
Mortgage Insurance Disclosure
Sample Disclosure
As a condition to making your mortgage loan, the Lender is requiring you to obtain Private Mortgage Insurance (PMI) PMI insures the Lender for losses incurred should you default under your mortgage: particularly, PMI insures the Lender for that percentage of your mortgage loan that is in excess of 70%
for Non-Owner Occupied, 75% for cash-out refinances, and 80% for all other programs, of the value of the mortgaged property. Please note on the 80/10/10-loan program PMI coverage cannot be canceled for five (5) years, and on Investment Property Loans with PMI coverage, for seven (7) years. More info... More info...

Jul 14, 2021
Mortgage Turned Down?
Subprime Loans
These loans are available through local lenders who take the loan applications and then sell the loans to the investment bankers. But what exactly are subprime loans? Subprime loans are made to people who have a history of not making payments on their debts in a timely manner. Although they have a somewhat shaken reputation, they serve a real need for some borrowers. And when used properly can help you build your credit and refinance to a lower rate loan in the future. More info...

Jul 8, 2021
RV Rentals for Your Vacation
Book Your RV Now
Join the RV movement. By renting an RV, the whole family can travel safely and enjoy a new adventure. There are RVs of every size and budget and you can book safely through RVShare where you can search among thousands of available RVs. More info...

Jul 7, 2021
Florida Hotels and Vacation Rentals
Book Now For Labor Day Weekend
Many vacationers are choosing to drive to their vacation destination and to rent a house for the isolation they want. Florida offers one of the largest selections of rental homes in the country, and many within easy driving distance of the Southeast United States. More info...

Jul 5, 2021
Orlando Hotels on Sale for Boo Bash at Disney and Halloween Horror Nights at Universal
Including Disney World and Universal Studios hotels
Halloween is back in Orlando and Disney and Universal have bigger plans than ever. The special after hours Boo Bash admissions at Disney World start in August. Those staying at a Disney World hotel will get first preference on tickets to this after hours event taking place select nights August 10th through October 31st.
Universal Studios is back with Halloween Horror Nights on select nights SEPT. 3 thru OCT. 31, 2021. This event is hugely popular. Book your hotel now. More info...

Jul 3, 2021
Refinance Your Mortgage Today 1.75%
Mortgage rates have dropped again
Save thousands of dollars on your mortgage by refinancing while interest rates are low. 15 year mortgages are less than 2%. Many homeowners have already begun the process because saving money is more important than ever. Us this online mortgage calculator to see how much you can save. More info...

Jun 30, 2021
Need Money?
Get a low cost personal loan.
Did you run up your credit cards during the last few months? Apply for a personal loan at a low-interest rate and get the money you need to pay off your credit cards. Personal loans can be used for any purpose and the interest rate is much lower than credit cards. Take a vacation, buy new clothes. Apply now. More info...

Jun 18, 2021
Shopping for a Mortgage Today
Shop for your mortgage before you shop for your house
Buying a house today may mean competing against other buyers to get your offer accepted. The best way to put your offer on top of the stack is to pay cash or present a pre approved mortgage letter from a reputable lender. Get your pre approval now and avoid disappointment. More info...

Jun 14, 2021
Fast Student Loans | School Year 2021- 2022
Look at alternatives to loans
Now is the time to apply for you student loans for next semester. Be sure to shop for the best loan for you. There are many variables like fixed or floating interest rates and pay back periods. LendingTree student loan programs offer a way to get the best student loan offers with just one loan application. Don't hesitate to apply as it is free and there is no obligation. More info...

Jun 12, 2021
Pay Off Your Credit Card Debt
Pay off High Cost Credit Cards with a Low Cost Personal Loan.
Personal Loan Requirements

Loan applications are accepted with any credit score but there are additional minimum requirements from the lenders.

-Age/ID/Residency Status - You must be 18 or older to be eligible for a personal loan. You must also have a valid Social Security number, and be a legal U.S. citizen or a permanent resident.

-Income - In order to ensure that you will be able to repay a loan, you must either have full-time employment, be self-employed, or receive regular disability or Social Security benefits. Some lenders may require a pay stub or other form of income verification such as tax returns.
-Bank Account - Most lenders require a valid checking account, as once a loan is approved, your lender or lending partner will deposit your funds directly into said account.

-Credit Type - Most loans do require that customers demonstrate a pattern of responsibility. To be eligible for a personal loan product, typically an individual must not have any accounts more than 60 days late; must not have active or recent bankruptcies; must not exhibit a pattern of late payments; and must not have any recently charged-off accounts.

More info...

Money Smart News Continued...