Top 10 Things to Consider on Home Loans

Home Loans

Top 10 Things to Consider on Home Loans
(presented by www.refinance-refinance.net - mortgage lenders)

By Tom Levine

Here are our Top 10 most important things to consider when shopping for a Home Loan, Equity Line of Credit, or Refinance, courtesy of Loans-Directory.Org:

Down-Payment
Fixed Versus Adjustable Rate
APR
Loan Types
Loan Amount Qualification, Income
Loan Amount Qualification, Expenses
Employment and Credit History
Points
Sub-Prime Loans
Short-Forms

1. Down-Payment - As a general rule of thumb, lenders will be seeking contribution from you of around 3% to 6% of the total loan value. This can be negotiable, and there are many loan packages available.

2. Fixed versus Adjustable

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This entry was posted on Wednesday, May 17th, 2006 at 5:49 am and is filed under Refinance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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