Shane Eastman's (money4sell) Blog

Acceleration Clause - The part of a contract that says when a loan may be declared due and payable.Accidental Death Benefit - In a life insurance policy, benefit in addition to the death benefit paid to the beneficiary, should death occur due to an accident. There can be certain exclusions as wel...

I am currently seeking out real estate companies in Northern Califorina that would like the oportunity to start their own Net Branch Within their company. This is an awsome oportunity that allows for an excellent relationship between the Largest Mortgage Broker in Northern California and your own...

 I am currently seeking out real estate companies in Northern Califorina that would like the oportunity to start their own Net Branch Within their company. This is an awsome oportunity that allows for an excellent relationship between the Largest Mortgage Broker in Northern California and your ow...

I think someone was looking for this?? Arizona Southwest Housing Foundation Down Payment Gift Program (GIFT)$25,000 (480) 926-7206 Flagstaff Affordable Housing Coalition Inc Community Homebuyer Assistance Program (CHAP)$10,972 (520) 214-7456 Glendale Los Vecinos Housing Development, Inc. First Ti...

 A mortgage loan that is held as an investment by a bank , rather than being sold on the secondary market. It is usually due to the fact that the loan does not comply with the underwriting guidelines set by the secondary market investors. Most portfolio lenders follow Fannie Mae and Freddie Mac g...

 When the Chairman of the Federal Reserve lowers "rates," he lowers the "Federal Funds" rate. Its the interest rate at which large banks lend funds to one another and is a "short-term" rate. Mortgage interest rates are long-term, up to 30 years. Longer-term interest rates are sensitive to expecta...

California Down Payment Assistance ProgramsAlameda Downpayment Assistance Program (DAP)$10,000 (510) 749-5824 Anaheim Home Program (HOME)$35,000 (714) 765-4340 Anaheim Police Residence Assistance Program (PRAP)$20,000 (714) 765-4340 Anaheim Second Mortgage Assistance Program (SMAP)$25,000 (714) 7...

A short sale is when a lender accepts a discount on a mortgage to avoid a possible foreclosure auction or bankruptcy. For Example:A homeowner, who is facing foreclosure, has an existing mortgage of $300,000 and you have a buyer willing to pay $220,000, you would write up a contract between the bu...

These loans are possible. The lender will give the broker a comission if you take a loan with a higher rate then what you qualify for at even (par) pricing. So if you qualify for a 7% and take a 7.5% instead then the lender will compensate the broker. The broker then uses this compensation to cov...

Managing Credit Cards to Raise Credit ScoresManaging credit cards is more complicated than managing a mortgage or auto loan because you have multiple debts rather than just one. The number of cards can vary, balances can be increased or paid down, balances can be shifted between cards, new cards ...