Home Loan Quotes

A mortgage transaction is very complex, very complicated, and very localized - the rules are not just by state but by county, sometimes even by municipality.

God did not say that you should be able to borrow one hundred percent of the price of a house.

I got a mortgage at 17! I didn't even know you could get a mortgage at 17.

Consider a 15- or 20-year fixed-rate mortgage instead of a 30-year, if you can afford the monthly payments - they may not be as high as you think.

Unlike other loans, a reverse mortgage doesn't have to be repaid until the borrower moves out of the home or passes away.

Yes, Americans can still get credit for cars and trucks and refrigerators, and those businesses are doing well. But just try to get a home loan now.

While I encourage people to save 100% down for a home, a mortgage is the one debt that I don't frown upon.

My mom enlisted in the U.S. Navy in World War II, and my parents actually bought our home thanks to the loan she got through the GI Bill.

I would like to pilot a government-led scheme, alongside Help to Buy, to offer a loan to young people on a reasonable income to be able to pay the deposit on a new home and then swap their high rents for a mortgage and actually have a place of their own.

People are living longer than ever before, a phenomenon undoubtedly made necessary by the 30-year mortgage.

People go into debt when they judge it beneficial to borrow money against their future earnings. Few can afford to buy a house outright, but many consider it worthwhile to take out a loan, which they will service and pay off over time, for the immediate privilege of living and investing in a house.

Buying a home is exciting, but it's also a big financial commitment.

The Adjustable Rate Mortgage (ARM) is like the neutron bomb. It’s going to kill all the people but leave the house standing

The way we finance homes in this country is slow, filled with middlemen, who run a nonstandardized evaluation process. This makes financing a home cumbersome and difficult.

Even the once simple home mortgage now has so many flavors and styles and variations that it is difficult for people to make a decision.

All homeowners in America may deduct mortgage interest on their first and second homes.

A reverse mortgage is available to anyone who is at least 62 years old and owns a home outright, or has a small mortgage balance remaining.

Because the fees associated with a reverse mortgage are high, such loans make sense only for borrowers who expect to live in their home for a number of years.

If you're going to live in the house make it your goal to just pay off your mortgage.

One of the biggest challenges is that once somebody realizes that they're ready to buy a home, then they realize that they haven't prepared properly, and it takes a while.

A mortgage casts a shadow on the sunniest field.