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Be a Storyteller, Not Just a Speaker
Stories develop themes. The themes chosen to illustrate the possibility of stories are: Relationships, Choice, Creativity, Making a Difference, Celebration. Speakers are ordinarily people, from teachers to grandparents, from mountain...
Build Confidence and Credibility: First-person Pronouns Get Your Messages Heard
Irritating speech habits destroy our professional credibility. Examples of irritating speech habits are sentences that end with dangling prepositions (Where did you hang your coat at?) and conversations peppered with "ums," "uhs," "like,"...
HOW TO GET THROUGH IT WITH GOLD
In September, 1830 the Right Honorable William Huskisson, M.P., a fast-rising English politician, turned up at the opening of the Manchester Railroad, to see The Future. Somehow, a man who many thought would end up Prime Minister, couldn't...
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Hi there, Some time ago I attended three major events, two were
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Fundamental analysis. Fundamentals analysis says the best way to predict the future trends of a stock is to understand the financial figures of the underlying company. The fundamental analyst would calculate a theoretical value of the company using...
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Applying for a Home Mortgage Loan Online - The Pros and Cons
If you have considered applying for a home loan mortgage online, there are a few pros and cons to think about with getting a home mortgage loan online:
Pros:
1. The process of applying for an online home mortgage loan is very simple, unlike some lenders who operate in the real world and ask for heaps of information.
2. The fees, when applying for a home mortgage loan online, can be considerably cheaper than the mortgages in the real world.
3. Online home loan mortgages tend to offer a great variety of mortgage loan programs, including more flexible repayment terms and lower rates of interest.
4. Online mortgages are usually easier for borrowers who have bad credit history to obtain. Also, online mortgage loan websites do tend to offer more alternatives to those with a bad credit history.
5. Normally you find out faster if your home loan mortgage application has been preapproved if you apply online. This means you can move on and apply with other lenders faster, if you dont get approved the first time.
Cons:
1. Not all online home loan mortgage lenders have representation in all 50 states so if you do apply for a mortgage loan online, make sure theyre represented in your home state.
2.
Accountability can be a problem you really need to stay on top of things, which can be troublesome if you dont know what youre doing.
3. You may be getting the deal that best suits their needs, not yours.
4. Sometimes you have to pay an application fee even before you know if your application has been successful something that is not always the case in the real world.
5. If things go wrong, and your online home loan mortgage provider doesnt come through, theres no formal organization you can complain to.
So, while applying for a home loan mortgage online may be a good idea, to keep your options open you may also want to talk with a real estate broker in the 'real world' about applying for your home loan mortgage. That way you can make your final decision of who to go with when you are closer to locking in the loan.
To see our list of recommended mortgage lenders online, visit this page: Recommended Mortgage Lenders
About the Author
Carrie Reeder is the owner of ABC Loan Guide, an informational website about various types of loans. The site has informative articles and the latest finance news.
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