money

Tips to Consider When Applying For A Mortgage Loan

If you are one of the senior citizens that are approaching retirement and you have less financial security, it is essential to ensure that you know the best options you are recommended to consider. Also, if you have paid off your mortgage, it is advisable to consider taking a simple reverse mortgage loan. This type of a loan will help you to get a line of credit, a monthly payment and also get enough cash.

Before you apply for this type of a loan, make sure that you have gone through the terms and conditions that are available. This is because this kind of a loan is not the same as a home equity loan. Therefore, you need to take most of your time to go through these rules before you make up your mind. Also, you can use Simple Reverse Mortgage Quote to know how this form of a loan operates. Here are some of the tips you are recommended to consider before you apply for this type of a loan.

Requirements

loanIf you are planning to apply for this type of a loan, ensure that you know the requirements that are needed. There are many things you need to have for you to qualify to get this kind of a loan. First, make sure that you have paid off any outstanding loans on your house. If it happens that you have some arrears, your chances of getting this loan are minimally low. Also, you should be at least sixty years of age.

Precautions

It is essentials also to consider the precautions of any given loan before you plan to apply for it. Even though this loan sounds too good to be true, it is crucial to know that there are some of the precautions you must take while applying for this loan. Therefore, you have a chance of not regretting later if you take most of your time to go through the right process of processing your loan.

A good lender

lenderWhen you are applying for a loan, it is important to consider looking for the best lender. This is because there are many lenders in the market today and selecting the best one can be a challenge if you do not know some of the elements to put into an account. This, therefore, will force you to research and pick the best lender that will make you happy with your reverse mortgage loan. Also, you can look for an attorney who is familiar with this type of a loan so that he or she can guide you through the entire process.…

My Multiple Incomes | The Multiple Income Stream Blog

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My Monthly Income Stream Report – Septemeber 2011

It’s time for another monthly income stream report here at My Multiple Incomes. Thank you to everyone who has supported me this far, and I really appreciate all of your comments and questions each month!

Important Happenings in September

I started my first Newsletter here at My Multiple Incomes, and I hope it gains some traction. If you haven’t already done so, please sign up on the sidebar to your right! I promise I won’t spam you, but I will send out some great stuff that can’t be found on this site.
At The College Investor, I also started a weekly recap newsletter that has all of my current happenings, as well as some extras thrown in. If you’re like me and don’t have time to visit every site you may want to, it is a great way to keep up and get some special content.
For traffic, The College Investor remained pretty flat compared to August, while My Multiple Incomes continued great steady growth. I had some nice pillar articles posted at the site, and I incorporated a “New Here” sidebar widget to highlight my best posts. It seems to be paying off as a lot of new visitors are finding the widget useful.

Multiple Income Sources

Investments:
Dividends: $162.89
Websites:
The College Investor
Private Advertising: $833.00
CPC Ads: $59.03
Affiliate Networks: $60.00
My Multiple Incomes
Private Advertising: $80.00
CPC Ads: $7.56
Niche Site #1
CPC Ads: $17.82
Freelance Writing: $315
Gross Total: $1,535.30
Difference from August: +$222.06

What I Learned

I was really happy to see my income improve over last month, although it was partially due to some freelance writing I did. I want to highlight the power of networking in finding that freelance writing gig, because it was actually another blogger who referred the customer to me, as they were overwhelmed with other work! I appreciate this, and this person knows who she is. As a side note, this gig is ongoing, and so I hope to continue to post renewed amounts in this column going forward.
Another fun thing happened last month – My Multiple Incomes became profitable! It is always a fun time when a website you’ve developed goes from red to black, and that happened with the income earned here last month. I couldn’t have done it without continued readership, so thank you.
If you didn’t see it on Twitter, you missed out! California Amazon Associate Affiliates are able to create new accounts and begin making affiliate income again! I’m excited to get this income stream back, and I hope it continues to earn me some revenue going forward.

Readers, I love to hear your thoughts and questions!

Tags: advertising, Amazon, blogging, cash flow, freelance, multiple incomes, side income, website…