What is a soft mortgage?

Answer A soft mortgage is a type of loan offered to low-and-moderate income home buyers. Designed to stimulate home buying, these mortgages feature very low interest rates and longer pay-back periods.Func... Read More »

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What Is a Soft Second Mortgage?

Formulated to target low and middle-income home buyers, a soft second mortgage is a second mortgage with subsidized affordable rates, which is usually combined with a traditional first mortgage. It... Read More »

Difference Between Soft Paws & Soft Claws?

Cats like to scratch stuff. That's a fact of life if you share yours with a feline friend. Declawing is considered by many to be inhumane, and training your cat not to scratch furniture may be a lo... Read More »

Can i qualify for a mortgage before i sell my home&satisfy the existing mortgage?

On One Hand: The Hard WayIf your credit history and financial situation are good enough, you can qualify for a mortgage on a second property. This will work just as if you were buying a second home... Read More »

Who Do You Talk With to Get an Interest-Only Mortgage Changed to a Fixed Rate Mortgage?

Interest-only mortgages are considered to be one of the riskiest types of home loans on the market. If you have an interest-only loan, you can take the necessary steps to convert it into a fixed ra... Read More »