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Questions and Articles

8 items

How Do You Lower Monthly Payments On A Mortgage?

A:
Monthly payments on a mortgage can be lowered in most people's cases with just a few steps. These steps may take significant time and effort, but if you need to lower monthly payments on your mortgage they will be worth the time. Appeal the value of ... more

Can someone with little or no mortgage experience join HTLA? Do they start at a lower commission level?

A:
While we strongly desire that Loan Officers with experience join HTLA, we do allow new and inexperienced associates to join us. These Loan Officers will start at the 50% commission level. They will be directed to utilize the Training Program offered ... more

How can a higher interest line of credit help to payoff my lower interest first mortgage?Can you give me more information on the workings of this program?

A:
A. When repaying a mortgage, it's typically not the rate you pay that's most important. What matters most is the total amount of interest you pay over the term of your loan. With the Mortgage Acceleration Plus System you use your line of credit to re ... more

How can a higher interest line of credit help to payoff my lower interest first mortgage and can you give me more information on the workings of this program?

A:
A. When repaying a mortgage, it's not the rate you pay that's most important. What matters is the total amount of interest you pay over the term of your loan. With the Money Merge Account you use your line of credit to reduce the balance owing on you ... more

Can I lower the interest rate on my mortgage without refinancing?

A:
Very doubtful. The only time they do this is for drastic situations or if there was a re-negotiating clause in your original loan agreement(yes, these do exist.). An example would be if you were going to default, they might do this to help you to avo ... more

How do I find the least costly mortgage? Does it make sense to pay more points for a lower interest rate?

A:
You can save real money if you carefully shop for a mortgage. Everything else being equal, even a one-quarter percentage point difference in interest rates can mean savings of thousands of dollars over the life of a mortgage. A popular option recentl ... more

How can I lower my interest rates on my credit card and mortgage?

A:
I called B of A, politely explained that I was working on my finances, and asked them to lower my rate. I explained that I knew I had late payments, and was resolving the problem by embracing online bill-paying. I was prepared to say I was going to g ... more

Help Lower My Mortgage Payments to Avoid House Foreclosure - With 8 Steps That Spell M-O-R-T-G-A-G-E

A:
If You Need Help, You are not alone If you are struggling to pay your mortgage you are not alone. Authorities project that over 2 million homes will go into default this year. One out of every 18 homeowners is behind on their mortgage payments. That' ... more
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