David Pham - Articles

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Benefits of a Pre-approval
If Realtors could have only one wish in this world, it might very well be that they would ask that buyers get pre-approved for loans before beginning a house hunt. Nothing is more frustrating - for real estate agents, home sellers, and people hoping to purchase a new home - than to get to the tail end of the long process and then get turned down because the loan is not approved. Read
By: David Pham | 09/09/2006 | Mortgage
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50

Interest Only Mortgage
Within the past several years we have witnessed an unprecedented surge in home prices in the USA, and as prices go up, it becomes increasingly difficult to finance real estate purchases. When you apply for a loan, the mortgage lender wants to ensure that you can make your monthly payments, so they compare your average monthly income to the amount of your payment. If the mortgage payment is too high, you will probably get turned down for the loan, even if you have excellent credit. Read
By: David Pham | 09/09/2006 | Mortgage
Popularity
50

Mortgage Interest Rates
There are many ways to pay for real estate, and as the mortgage business becomes more sophisticated over time, so do the ways that loans are packaged, marketed, and creatively used to help us finance our dreams of home ownership. But regardless of how complex mortgages and loans become, one thing remains constant and will continue to drive the financial sector, and that is mortgage interest rates. Read
By: David Pham | 01/09/2006 | Mortgage
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50

Home Purchase Loans
When you begin window-shopping for a home, you will soon find out that the number of houses available is almost outdone by the number and variety of home purchase loans available. Every year, lenders come up with new and innovative ways to package mortgages. They tweak them with complex interest rate schedules, they simplify them with basic low-cost approval and closing processes; and they trick them out with bells and whistles that are the latest up-to-date version of the reinvention of the wheel in terms of home purchase loans. Read
By: David Pham | 31/08/2006 | Mortgage
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50

Three Great Reason you May Want to Refinance your Mortgage
For those who are considering a refinance option this year, it may be a wise financial decision. Current interest rates are still at historically low levels, but they are beginning what appears to be a steady, continuous rise. Several key economic indicators are pointing to rising interest rates over the long term, as analysts predict the end of the ride for those record-breaking low rates we're enjoyed for the past few years. Read
By: David Pham | 31/08/2006 | Mortgage