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Accepting checks in your business virtually risk free
Most businesses accept checks as form of payment for goods and services. However, accepting checks can be a risky endeavor if your company doesn’t follow good policies and procedures for preventing loss from bad checks. In fact, the reason some...
Bad Credit? Qualify Yourself For A Zero Down Mortgage Loan
I decided to write this article today after closing a home purchase loan for a couple that had some major credit issues. They got into the house with ZERO down payment, and only had to bring $600 for the closing costs. Their situation was...
Some Of The Strangest Ways To Make Money
The first time I heard about an old couple that went diamond hunting in parking lots, I knew there were more ways to make money than my scheming mind could imagine. By twelve years old I was taking Playboy magazines out of newspaper recycling bins...
Want the income of the Marketing Pro's? Join Easy Street.
People from every nation are getting online to join Easy Street. With Easy Street, the Internet novice gets access to the same systems and tools that the top Internet Marketers use to make BIG money. The ease of use of the Easy Street system is mind...
Your Guide To Plastic Molding
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Low mortgage rates are spurring the recent boom in home ownership

Anyone serious about buying a home has seen the recent ads offering low mortgage rates for first time buyers and current homeowners. One reason for this mass of offers is that most financial institutions now understand the economic importance of having home owners as a part of their clientele.

The advertising for low mortgage rates is specifically designed to bring in customers who never thought that they could qualify for a home loan. Who are these customers in demand?

Lenders are going after non traditional borrowers
First time buyers, single buyers, minorities, women and other groups that might have been shut out of the home ownership market in the past. If you’re a member of one of these groups you might have received mailings, phone calls, or seminar invitations to give you more information on how to get your own home, and how to do so with low mortgage rates.

Seriously consider low rate offers
If you


are thinking of getting a home within a year or two, don’t hesitate to take advantage of these offers. It is highly unlikely that mortgages will remain at these low levels for a long time. Also, even if they did remain low, things can easily swing back to the days of the early 90’s when only people with excellent credit could get low mortgage rates.

Get started online
You can get started by getting prequalified online. The internet gives you access to many more resources than you can find locally. Look online for low mortgage rates, fill out an easy application and a lender will call you back to let you know if you are eligible for a low rate home loan.

Don’t be tempted to take the first offer that comes your way. Shop around, compare and then sign your documents.

About the Author

This article may be freely distributed as long as there's an active link to http://www.rapidlingo.com
Syd Johnson
Editor

 

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