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Paul Dumke

Todays Mortgage Issues

A lot has changed in the morgage world in the past few months. While it is true that many lenders have dropped loan programs or even closed thier doors, there are still plenty of options for good willing borrowers.

Streamlined Fannie options, relaxed FHA (97%) and USDA Rural housing (100%) loans, just to name a few.

The media has created more fear than should be for todays buyers by inflating or mis stating facts about the industry.

With the foreclosure rate and dropping sales prices, now it the time for buyers to capitalize.

Questions? comments? expirences? We want to hear from you.

Published Thursday, December 13, 2007 12:28 PM by Paul Dumke

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Carin said:

Homebuyers may want to use a term life insurance policy to insure their mortgage. Term life is not only cheaper, but offers several advantages over bank mortgage insurance. Term life allows the policyholder, not the lender to name the beneficiary. You can also have continual coverage by purchasing a term life policy that converts into whole life upon completion of the term. Many conversion policies will not require any additional medical information. If you would like to know more about this option, please visit http://www.life-insurance-quotes.ca for more information.

December 17, 2007 12:12 PM

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