Jerry Wright's (jerrywright) Blog

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Mortgage and Lending - Absolute Mortgage
RECENT BLOG POSTS
Qualified military buyers can also utilize this tax credit along with other available benefits from the Department of Veterans Affairs (VA), making this dollar-for-dollar tax credit extremely financially attractive with today's lower home prices and lower interest rates. That's because the VA all...
07/20/2010
Statistics suggest that the Internet is the first destination and source of information for potential home buyers. In fact, nearly 80% of potential buyers reportedly begin their home buying process online. And why not? The Internet has a wealth of information and resources that can aid in the beg...
07/19/2010
You've probably heard of social networking sites like MySpace and Facebook, but have you heard of social lending sites? Over the past few years, several websites have sprung up that combine features of the omnipresent social networking sites, and commerce sites like eBay®. These sites allow indiv...
07/15/2010
Benjamin Franklin once said, "In this world nothing can be said to be certain, except death and taxes." More than 200 years later, this certainly holds true. And while being a homeowner won't add years to your life, the modern tax code has a number of benefits certain to make your tax bill lower....
07/14/2010
Annual income aside, there's not a person among us who wouldn't welcome the idea of having more money in their savings account. This is the money we use on everything from yearly vacations to family presents. Come holiday time, wouldn't it be nice to have an extra thousand or so dollars at your d...
07/13/2010
Credit card companies are great at marketing their latest features, but before you sign on the dotted line, read the fine-print carefully and look for some of the following fine-print pitfalls: Cash Advances - The convenience of getting cash is very expensive when it comes to some credit cards. M...
07/12/2010
The economic realities of the past few years have taught people some valuable lessons. One of which is: It's not what you make, it's what you keep, that counts. If you discovered that someone was stealing from you, how quickly would you act to stop them from doing it again? Would you act today, ...
07/09/2010
Lenders get very cautious when your life circumstances change during the period between applying for a mortgage and closing on it. Here are some rules that you should follow during those critical weeks: Rule 1: Do not change employers, become self-employed or quit your job Rule 2: Do not take on ...
07/08/2010
When a marriage ends in divorce, the lives of those involved are changed forever. During this time of upheaval, one thing that shouldn't have to change is the credit status you've worked so hard to achieve. Unfortunately, for many, the experience is the exact opposite. Unfulfilled promises to pay...
07/07/2010
Credit Reports: When One May Not Be Enough  Fannie Mae has instructed lenders that they should adopt a new policy that could involve a second review of an applicant's credit report just prior to closing. When reviewing defaulted loan files, they have determined that the credit profile of a borrow...
07/06/2010
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