Most Popular Articles in MortgageFit - RSS FeedThe most popular section includes financial resources frequently viewed and used by guests and community members at MortgageFit. The section provides information on financial issues to help people manage their finances in a better way.Quitclaim Deed: Document transferring property-interest- (Found June 6, 2008 ) Quitclaim deed is a legal document that helps to transfer your share of interest in the property (house, land, mobile home, etc) to another individual. The person giving away the interest is the grantor while the one who accepts it is the grantee. While the interest is transferred, no warranty is made on the rights which others may claim from the property. The deed implies that the grantor simply transfers his interest but does not guarantee whether the grantor actually has ownership rights...http://www.mortgagefit.com/quitclaim-deed.html Reverse Mortgage: The Financial Aid for Seniors- (Found June 6, 2008 ) If you're a senior person looking to cash in your home equity and use it to your advantage, a reverse mortgage can help. With a reverse mortgage, you can convert your home equity into a steady flow of tax-free income thereby receiving a paycheck at regular intervals. Since the loan provides easy flow of cash, therefore it is the preferable choice of seniors in the US as well as in UK, Canada and even in India. This article will help you get an idea of reverse mortgages, especially the aspects.http://www.mortgagefit.com/reverse.html Is Mortgage Refinance a wise financial move- (Found June 6, 2008 ) Are you looking forward to get extra cash, save more and pay off all your debts Or, do you wish to replace your current mortgage with a new loan having more favorable loan terms. There's a way out by which you can fulfill all such needs - a process called refinance (or refinancing). It gives you the chance to pay down your current home loan from the funds offered in a new loan against the same property as the collateral. For example: Mr. X and Mr. Y both took a mortgage loan worth $400,000....http://www.mortgagefit.com/refinance.html Should you go for a Second Mortgage loan- (Found June 6, 2008 ) You may need a lot of cash but cannot avail it through credit cards or any other means. Here's where a second mortgage can help you. This article gives you an overview of second mortgage and covers the following aspects:What is second mortgageWhen do you choose a second mortgageHow much can you borrowWhat are the possible rates, terms and feesHow to get a second mortgageWhat happens to the second loan if you refinance the firstDo it yourself! Check out whether second mortgage is the right...http://www.mortgagefit.com/second-mortgage.html Mobile home loan - How to qualify and what are the options- (Found June 6, 2008 ) If you're a home buyer looking for housing options other than traditional site built houses which cost you more, then mobilemanufactured home may be the right choice for you. Mobile homes are first built in factories and then taken to the site where it may or may not be given a permanent foundation. What are the types of mobile home loans Mobile home loans are available as mortgage and personal property loans.Mobile home mortgage loan: If the home has a permanent foundation, you may take out a.http://www.mortgagefit.com/mobile-homeloan.html |