December 07, 2001

By: Bev Dodd
Website: http://www.family-refinance-consolidation-loans.com

Home mortgage loan quote: Fast quotes, low rates

The down-payment is not the most important consideration when you go home mortgage loan quote shopping. After you get your home mortgage loan quote it's time to think of decorating that new home. We'll discuss this more below.

Lenders look for stability in a borrower when approving a home mortgage loan quote. Your past 2 years of credit history will have the greatest impact. Regular lenders will look for no late payments over 30 days on rent or mortgages, and no late payments in past 6 months on credit cards. Credit problems over 3years old may be OK if your recent history is solid. Never prejudge your credit as too bad to get approved for a mortgage because most expert lenders can usually help you resolve difficult issues.

The down-payment is not the most important consideration when you go home mortgage loan quote shopping. Keep an eye on the monthly payments as well. Make sure they are within your reach. The interest rate usually varies from lender to lender, even though there is a market rate, it's worth shopping around. You can lower your monthly payments by getting a longer term, putting more money down, or buying a less expensive property.

Here's a decorating tip after you get your home mortgage loan quote and it's time to think of painting. Light, cool, colors recede from the eye, making a room look larger, these types of colors can provide a wonderful illusion in small spaces or areas where the walls are fragmented. Dark or bright hues advance toward the eye. These work well in a large room, and/or a room that lacks intimacy or definition. If a large or empty room is already dark, due to lack of light, a bright, strong color might be the best choice.

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About The Author:

Bev Dodd is a successful author and publisher of http://www.family-refinance-consolidation-loans.com.  Many have commented that her website offers the best recommendations, links and information on loans, mortgages and financing.