NeilStevenson

Demystifying Title Insurance Closing Costs

Obtaining title insurance is a universal requirement for almost every mortgage and remortgage. While the expense is usually minimal compared to the overall expense of the property itself, it is important to understand what title insurance is and how a sav... Read >

What Is a Key Worker Mortgage Scheme?

In 2004, a program was launched by the British government to assist hard-working public sector employees obtain affordable housing near where they work. Due to rapidly increasing home prices, many of these public servants found themselves priced out of th... Read >

Can I Remortgage?

The question “Can I remortgage?" is being asked more and more often as interest rates continue to fall. There are a number of variables involved in answering that question, but there are two basic issues that will probably be decisive. What is the equi... Read >

Title Insurance Refinance Options

Title insurance is a required fact of life when originating a new mortgage, but many homeowners question whether they need to obtain new title insurance when they refinance. Unfortunately, the simple answer is yes. Title insurance is an insurance poli... Read >

Alternatives to Refinance Rental Property

If you are considering refinancing your existing rental property, there are a number of factors to consider before committing to take the plunge. One simple alternative can streamline the process and save a considerable amount of money. Firstly, you s... Read >

Getting the Cheapest Fixed Rate Mortgage

Whether you are seeking a loan for your prospective new home or refinancing an existing property, a fixed rate mortgage is probably the way you will want to go. Due to the current global economic slowdown, interest rates are about the lowest they may be a... Read >

What Is a Non Status Mortgage?

A non status mortgage is a specific lending instrument designed to allow individuals who are unable to establish normal income to qualify for a loan. This mortgage type was originally intended to provide loans to people who owned their own businesses or w... Read >

Home Equity vs Refinance: Time for a Rematch

In the never ending battle between believers in home equity and the proponents of refinance, the rhetoric is often passionate and heartfelt. Battle lines have certainly shifted over the past several decades and there have been exhilarating victories and c... Read >

When Does a Cash Out Mortgage Refinance Plan Make Sense?

Cash out mortgage refinance loans are a popular vehicle for homeowners with significant equity in their homes to obtain money at a reasonable interest rate. While the advantages of extra cash in hand are intuitively obvious to anyone, there are disadvanta... Read >

Finding the Best Deal Remortgage Options

There are many reasons one may wish to remortgage their home. If your current interest rate is well above those currently being offered, it will almost certainly benefit you to switch to a new mortgage with a more competitive rate. If you have built consi... Read >