Home Loans For Single Mothers

Mortgages and home loans are how many people can afford to own a home. Mortage rates, different types of mortgage loans, and how down payments affect your mortgage payments are some of the topics you can find in this section.



Interesting Points on Purchase Points

August 10, 2011

The maze of a home loan has a lot of layers. Once the single mom has decided if she will apply for a fixed or adjustable rate loan and is finished researching everything available to her, she should start to learn about fees, rates and points associated with the mortgage. Purchase points are basically just [...]

Refinancing Your Home Loan – Is Now the Right Time?

Thumbnail image for Refinancing Your Home Loan – Is Now the Right Time? May 18, 2011

Sometimes, refinancing your home loan can help free up a decent amount of cash month to month, which can be very important to the single mom. However, the refinance process does require some monetary and time investments. Before you refinance, make sure now is the right time for you to do so. The Rate The [...]

Understanding Home Loan Options

Thumbnail image for Understanding Home Loan Options May 8, 2011

A lot of single moms will be surprised to discover that people spend more time researching the loan options for a new car than they do seeking out the best type of loan to buy a home. Considering the cost comparison of a vehicle compared with a home and the time it will take to [...]

Does a Balloon Mortgage Fly?

Thumbnail image for Does a Balloon Mortgage Fly? April 26, 2011

One type of home loan that gets little attention these days is the Balloon Mortgage. This is a home loan that allows the borrower to put off the payment for a major chunk of the value of the home and pay it off at a future date. Balloon mortgages are sometimes called two step mortgages. [...]

Adjustable Rate Mortgage or Fixed Rate?

Thumbnail image for Adjustable Rate Mortgage or Fixed Rate? March 25, 2011

The most popular loans for home owners are either a fixed rate mortgage or adjustable rate mortgage, however, there are many types of home loans that a single mom should learn about if she is considering purchasing a home or renegotiating her present mortgage to take advantage of low interest rates. Fixed Rate Mortgage The [...]

4 Risk Free Ways To Own Your Home

Thumbnail image for 4 Risk Free Ways To Own Your Home January 12, 2011

If you’ve always wanted to own your home, you don’t have to give up on those dreams  just because you’re a single mom. Though many single moms have trouble with finances from time to time, they also learn to save money for down payments and other things that matter to the well-being of themselves and [...]

Mortgage Loans… Which is The Best?

January 3, 2011

Mortgage loans can be the most important loan you ever get. Mortgage loans are what you use to buy your home. They are a type of loan that you need to carefully shop for, especially as a single mom.  Mortgage loans are part of a your financial picture for many years. Most American mortgages have [...]

Mortgage Company Blues? Follow These 3 Tips To Help You Choose

December 28, 2010

Finding the right mortgage company can be very overwhelming for any single mother. After all, you are going to have your mortgage for the next 15 to 30 years! How can you know that you got the best lender? Here are some tips on what to look into when shopping for a mortgage company. The [...]

Home Mortgage Shopping Items You Need To Know

December 22, 2010

Home mortgage shopping sounds like fun, but there are three key things to remember when you are shopping for your mortgage. Single moms know how to shop, but when it comes to a home mortgage maybe not. Before you begin shopping for a home mortgage, you must realize that not all lenders offer the same [...]

What You Need To Know About Interest Rates And Refinancing Options

December 4, 2010

Many homeowners make the mistake of thinking re-financing is always a viable option. However, this is not true and homeowners can actually make a significant financial mistake by re-financing at an inopportune time. There a couple of classic example of when re-financing is a mistake. This occurs when the homeowner does not stay in the [...]

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