no doc mortgages
no doc mortgages
no doc mortgages

 
Even though being a first estimate, important details about the interest rates, costs, charges and payments will be disclosed on a Good Faith Estimate.
They are structured to allow small monthly payments to be made for the property can be more easily affordable.
Mortgage offers contain many terms less than 30 years, and some are as little as 10 years.
If you bought your house a number of years, especially if you were young with less than perfect credit history, your interest rate is probably at a much higher rate than it could be.

List of other possible sources of income outside of your regular salary and make sure that you have enough to cover the needs of your family, or your plans will not stand a chance.

The only difference is that you take a new loan for more than what is owed on the current loan and you pocket the difference.