5 Risky Mortgages to Avoid

AAA

5 Risky Mortgages To Avoid

If there's anything we've learned from the subprime meltdown of 2008, and crash of 1987, it's that we should all proceed with caution when borrowing money to purchase or refinance a home. The type of mortgage you choose can mean the difference between one day owning your home outright or one day finding yourself in the middle of a foreclosure. We'll look at 5 mortgages that people most commonly have trouble with.
  1. No results found.
Related Articles
  1. Personal Finance

    Shopping for a Mortgage in 2017? Use This Tool First

    As home-buying technology has progressed, the process of finding the best mortgages rates for 2017 can all be done online.
  2. Personal Finance

    Finding the Best Mortgage Rates in 2017

    As home-buying technology has progressed, the process of finding the best mortgages rates can all be done online. Here's how:
  3. Personal Finance

    5 Risky Mortgage Types To Avoid

    There are plenty of ways to end up with a bad mortgage. The risks of these five should make every homebuyer think twice before signing.
  4. Personal Finance

    Top 6 Mortgage Mistakes

    These common errors could end in foreclosure.
  5. Personal Finance

    Reverse Mortgages: Why They're Really Too Good To Be True

    Americans are increasingly turning home equity to cash - but this transaction is not as simple as it sounds.
  6. Personal Finance

    Comparing Reverse Mortgages vs. Forward Mortgages

    Which one a homeowner chooses depends on where you are at this point in your life, personally and financially.
  7. Personal Finance

    What is a Subprime Mortgage?

    Subprime mortgages are offered to borrowers with low credit ratings, usually 600 or below.
  8. Investing

    Subprime Is Often Subpar

    Proceed with caution when considering these short-term, high-interest mortgages.
  9. Retirement

    Additional Streams of Income for Seniors

    Find out how a reverse mortgage can work in your favor during retirement.
  10. Personal Finance

    The Reverse Mortgage: Lifesaver or Albatross?

    How to decide if a reverse mortgage will help fund your retirement – or undermine it.
Trading Center