Michigan Mortgage Michigan Mortgage: The Best Articles, News & Resources
 
Home
2nd Mortgage
Adjustable Rate Mortgage
American Home Mortgage
Ameriquest Mortgage
Arizona Mortgage
Arizona Mortgage Loan
Bad Credit Loan Mortgage
Bad Credit Mortgage
Bad Credit Mortgage Refinance
Bank Of America Mortgage
Best Mortgage Rate
Big Mortgage
California Mortgage
California Mortgage Loan
Chase Mortgage
Colorado Mortgage
Commercial Mortgage
Countrywide Mortgage
Current Mortgage Interest Rate
Current Mortgage Rate
Emc Mortgage
Finance Mortgage
Fixed Rate Mortgage
Florida Mortgage
Florida Mortgage Broker
Florida Mortgage Lender
Florida Mortgage Loan
Free Home Mortgage Calculator
Free Mortgage Calculator
Gmac Mortgage
Green Point Mortgage
Hawaii Mortgage
Home Mortgage
Home Mortgage Lender
Home Mortgage Rate
Home Mortgage Refinance Loan
Home Mortgage Uk
Illinois Mortgage
Illinois Mortgage Loan
Indiana Mortgage
Interest Only Mortgage
Interest Only Mortgage Calculator
Interest Rate In Mortgage
Low Mortgage Rate
Lowest Mortgage Rate
Maryland Mortgage
Miami Mortgage
Michigan Mortgage
Missouri Mortgage
Mortgage Broker
Mortgage Calc
Mortgage Calculator
Mortgage Chicago
Mortgage Company
Mortgage Dallas
Mortgage Denver
Mortgage Finance Calculator
Mortgage Fraud
Mortgage Houston
Mortgage Indianapolis
Mortgage Insurance
Mortgage Interest Rate
Mortgage Lead
Mortgage Lender
Mortgage Loan
Mortgage Loan Payment Calculator
Mortgage Louisville
Mortgage Marketing
Mortgage New York
Mortgage Payment
Mortgage Quote
Mortgage Rate
Mortgage Rate Calculator
Mortgage Rate In
Mortgage Refinance Information
Mortgage Refinancing
Mortgage Uk
Mortgage Washington
National City Mortgage
Nevada Mortgage
New Century Mortgage
North Carolina Mortgage
North Carolina Mortgage Loan
Online Mortgage
Option One Mortgage
Oregon Mortgage Loan
Refinance Mortgage Loan
Refinance Mortgage Rate
Refinance Second Mortgage
Reverse Mortgage
Second Mortgage
Suntrust Mortgage
Texas Mortgage
Texas Mortgage Loan
Virginia Mortgage
Web Mortgage
Well Fargo Home Mortgage
Well Fargo Mortgage


::: Michigan Mortgage Information :::

michigan mortgage Listings
Your Source for Mortgages. Find and Compare Mortgage Listings Here.

michigan mortgage Listings
Find and Compare Top Local michigan mortgage Listings Here.


::: Michigan Mortgage Featured Resources :::

Michigan Mortgage
Find: Michigan Mortgage. Review & Compare!

Michigan Mortgage Info
Get Info on Michigan Mortgage from 14 search engines in 1.

SEARCH RESULTS

Creative Financing Secrets.
Things Your Mortgage Company Or Bank Either Don't Know - Or Won't Tell You!

Mortgage Cycling Revealed.
Affiliates Earn $31.00. Patent Pending Mortgage Reduction Program Quickly Builds A Minimum Of $40,000 Worth Of Home Equity.


::: Michigan Mortgage Articles :::



Will You Qualify for that New Mortgage or Re-Finance?

by TrimYourDebt.com

The Federal Reserve continues to raise short-term interest rates, but long-term mortgage rates are still at 40-year lows. This may be one of your last opportunities to lock in great interest rates below 6%. So, we put together a brief checklist for you to follow in order to make sure that the process goes smoothly for you.

First, it is a good idea to check your credit report to make sure there will be no surprises when your lender takes a look at it. You can get a free copy of your credit report and credit score at http://www.trimyourdebt.com/GetYourCreditScore.aspx. Remember a score above 700 usually means you will get the best interest rates. Usually a rate below 680 is considered to be of higher risk and so the lender requires a higher interest rate to mitigate the increased risk of loss.

If you find any incorrect information in your credit report, be sure to get it cleaned up before applying. Cleaning up negative items from your credit will also ensure that you get a better credit score. For information on how to get your credit cleaned up before you get that new mortgage, visit http://www.trimyourdebt.com/CreditRepairGuide.aspx.

Next, list out all of the debts reported on your credit report and add up all of the monthly payments. Also include what your payment would be with your new mortgage. In order to estimate your monthly payment with a mortgage interest rate of 6%, you can use $6 per thousand dollars of mortgage. So for example, if you need a $150,000 mortgage, then multiply 6 times 150, which equals $900 per month. Add this payment to the other monthly debts listed on your credit report and this will be your total debts.

Now take out your most recent paycheck stubs to do a debt-to-income calculation. The calculation is done by taking the total debts from above and dividing this number by your gross monthly income. The ratio should be less than 38%. If your ratio is too high, then you need to do your best to start paying down your debts. The quickest way to do this is to follow the debt plan that is available at http://www.trimyourdebt.com/welcome_budget_short.aspx.

The final item that you will need to provide to your lender is documentation that shows your assets such as bank account statements, 401(k) statements, any cash value of life insurance, etc. Your lender wants to see where your down payment will be coming from.

You are now ready to check for the best rates and start looking for a lender. To get free rate quotes with no obligation and no credit check, feel free to visit us at http://www.trimyourdebt.com/MortgagePlanner.aspx.

About the Author

Don Blackhurst is the co-founder of TrimYourDebt.com (http://www.TrimYourDebt.com), which provides free budgeting tools, debt planning, and credit help. He has been working in the banking and finance industries for over 15 years and has an MBA with an emphasis in Finance and Econometrics.



::: Michigan Mortgage News :::

Michigan Mortgage - Google News
Michigan Mortgage - Google News
Michigan Mortgage - Google News

Hope rises for Michigan housing market - DetNews.com
7 Sep 2008 at 11:26pm

Hope rises for Michigan housing market
DetNews.com, MI - 8 hours ago
"We absolutely need more flexibility in the market," said Audrey Acquisti, president of the Michigan Mortgage Bro...



Detroit's Blackmail Attempt Is Beyond Shameless - Wall Street Journal
7 Sep 2008 at 10:00pm

Wall Street Journal

Detroit's Blackmail Attempt Is Beyond Shameless
Wall Street Journal - 9 hours ago
And now that Michigan is an election-year swing state and Detroit's auto makers are post...



Record 1.2 million homes hit by foreclosure - CNNMoney.com
5 Sep 2008 at 11:33am

TopNews

Record 1.2 million homes hit by foreclosure
CNNMoney.com - Sep 5, 2008
Those two states as well as six others - Nevada, Arizona, Michigan, Rhode Island, Indiana, and Ohio - all had foreclosu...



Mortgage crisis hits Bay City Country Club - The Bay City Times - MLive.com
8 Sep 2008 at 6:58am

Mortgage crisis hits Bay City Country Club
The Bay City Times - MLive.com, MI - 50 minutes ago
Those include a poor economy that has seen people leave Michigan and competition from too many ot...



GMAC's mortgage arm cutting jobs - Detroit Free Press
4 Sep 2008 at 1:25am

RTT News

GMAC's mortgage arm cutting jobs
Detroit Free Press, United States - Sep 4, 2008
In Michigan, 164 employees will be let go, about half in the company's Troy center. The rest ar...



Home calendar - Detroit Free Press
7 Sep 2008 at 1:37am

Home calendar
Detroit Free Press, United States - Sep 7, 2008
14th annual Fall Parade of Homes: Visit 37 new model homes throughout southeastern Michigan through Sept. 14 built by members of t...



Statewide demand for foreclosure moratorium builds - Michigan Citizen
6 Sep 2008 at 11:00pm

Statewide demand for foreclosure moratorium builds
Michigan Citizen, MI - Sep 6, 2008
Also included are Michigan Manufactured Housing, the Michigan Land Title Association, the Mortgage Bankers...



EFFECT ON DEVELOPMENT Business leaders: It's time to get back to ... - De...
5 Sep 2008 at 3:58am

New York Daily News

EFFECT ON DEVELOPMENT Business leaders: It's time to get back to ...
Detroit Free Press, United States - Sep 5, 2008
The national economy is ailing, Michigan's joble...




::: Michigan Mortgage Blogs :::

Michigan Mortgage - Google Blog Search
Google Blog Search Results: 68,372 results for Michigan Mortgage - showing 1 through 10

,leads talent international,michigan mortgage lead
7 Sep 2008 at 11:55pm
,leads talent internation Category: Howto & DIY Tags: leads, talent, international, michigan, mortgage, lead, qualified, life, insurance, exclusive, automotive, finance, script, small, business, marke...

http://www.Lead411.biz,leads talent international,michigan ...
5 Sep 2008 at 7:09pm
Lead411.biz,leads talent international,michigan mortgage lead,qualified life insurance leads,exclusive automotive finance leads,mortgage lead script,small business marketing firm dallas. Author: ilk71...

Short sales - Michigan buyers tips
7 Sep 2008 at 3:57pm
First of all what is a "short sale" The easiest definition of a short sale is where the seller of the home is trying to sell the home for less than what they owe on the mortgage. The bank has to appr...

FORECLOSURE MYTHS: 77 Secrets to Saving Thousands on Distressed ...
8 Sep 2008 at 1:16pm
He has helped thousands of homeowners obtain their own homes and investment properties, is a certified trainer for the National Association of Mortgage Brokers, and is a former president of the Michig...

Cox?s ties to mortgage firms may explain inaction on foreclosures
7 Sep 2008 at 5:21am
With calls increasing for state attorney generals to sue guilty lenders, Michigan Attorney General Mike Cox may be compromised. His list of campaign contributors includes a number of mortgage interest...

Fannie Mae and Freddie Mac now under government takeover
7 Sep 2008 at 7:13pm
Let?s be candid here: this is a massive bailout in the form of nationalization of the largest mortgage guarantee organizations in the United States. A statement issued today by James B. Lockhart, Dir...

Drew Sygit on the takeover of Fannie Mae and Freddie Mac
8 Sep 2008 at 3:57am
Drew Sygit, a certified mortgage specialist from the Lending Edge Team in Rochester Hills, Michigan sent me some interesting thoughts regarding the government takeover of Fannie Mae and Freddie Mac o...

Finding a Michigan Mortgage You Can Afford
29 Aug 2008 at 1:11am
When you?re looking into your Michigan mortgage options, one of the things that you are going to want to be sure of is that you are looking at and identifying how much of a home loan you are actually ...

Blogs Happen - Contest entry
7 Sep 2008 at 9:39am
Blogs do happen. I can be driving down the street, laying in bed, working with a client when a thought pops into my head. It may be about real estate,; it may be about our great country,; it may be ju...

Plymouth Mi Fall Festival
6 Sep 2008 at 9:43pm
Tomorrow is the last day for Plymouth Michigan's Fall Festival. Located right in the heart of Plymouth Michigan around Kellogg Park the Fall Festival draws thousands of people from Metro Detroit. The ...


Google
 



Best sellers from



[CaRP] XML error: junk after document element at line 1

An invalid directory path was used in the script.