Real Estate Mortgage Loan Refinacing

Equity Release, also known as Lifetime Mortgages can provide people of retirement age a steady sum each month. This article explains exactly what Equity Release is all about in easy to understand language.

With interest rates and home prices at historic lows many individuals (previously forced from the market) are now grabbing for their slice of the American Dream... the dream of home ownership. The newly announced CHF Access down payment assistance program will make this dream a reality for thousands of California residents. This program works in concert with FHA's (203b, 234c) federally guaranteed loans which currently require only a 3.5% down payment. Qualified California applicants will now be able to secure a 15 year 2nd mortgage for 3% of the loan value (which can be utilized for down payment and/or closing costs). This down payment assistance loan is being offered at a very low rate of interest (currently 8.25%).