Financial Information

Understanding Credit

Your credit score is a significant factor in determining the type of loan you will receive.  The higher your credit score, the less risk you represent to the lender which will help you receive a better interest rate.  Freddie Mac has prepared a website called "Credit Smart" to review the importance of establishing and maintaining good credit.

The Mortgage Professor

Confused from all the different financing options and opinions?  Check out what the mortgage professor has to say.  Jack M. Guttentag, Professor of Finance Emeritus, at the Wharton School of the University of Pennsylvania provides a wealth of information and insight to financing.

The Basics of Private Mortgage Insurance

Whenever you're considering loans, understanding when PMI (Private Mortgage Insurance) is necessary will be very helpful.  Find out when the lender is required to cancel PMI.

Home Finance Guide

Designed by a team of concerned writers and developers who understand that buying a home, alleviating debt and preparing for disaster are among the most important, yet most wearisome, financial steps one can take. Our staff recognizes that having access to practical, well-researched information may alleviate some of this stress. eFinanceDirectory.com is an expansive, user-friendly directory of original articles, tips and other resources dealing with an assortment of financial concerns, such as debt relief, home mortgages and insurance.

How additional mortgage payments can help you?  Or have you asked yourself, Is it time to refinance?