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Single
Parent Mortgage Loans

Single Parent Mortgage Loans is an innovative world wide web
tool, designed to assist single parents with the home purchasing process, and to
provide relevant and useful information and solutions to single moms and
dads who
are involved in the home-buying process. Our goal is to help all single
parents obtain a home loan that is perfect for their situation..
Our main focus is to help those
who may have limited home loan knowledge. Our aim is to prevent
misinformed decisions, by supplying single parents with the best home loan
resources and recommendations available. In many cases, our
recommendations are the difference between thankfulness and regret.
Predatory lending has become a hot topic of
discussion in recent weeks. A common unethical practice involves
inserting hidden clauses in contracts in which a borrower will
unknowingly promise to pay the broker or lender to find him or her a
mortgage whether or not the mortgage is closed. Though regarded as
unethical by the National Association of Mortgage Brokers, this practice
is perfectly legal. There are many more dangers to avoid located within
the fine print of various mortgage lenders.
We reviewed the legal mortgage documents of the vast
majority of online lenders. We have done a detailed assessment of the
market to find a mortgage product that best fits the needs of singles parents.
One lending institution far outweighs all others in this regard:
ING Direct.
ING Direct is
a global leader in banking with a workforce of over 115,000 people
worldwide. Their Mortgage products are keenly structured to meet the
needs of the single parent. Rates are lower than the traditional 30-year
fixed mortgage, but are fixed for the first 5 or 7 years. This results
in lower payments making the mortgage more attractive and easier
to obtain for single parent households. In addition to a simple,
straightforward online application process, they have a knowledgeable staff, and are very
pleasant to work with. You can click here for an
ING DIRECT Orange Mortgage Application. Their mortgage
services are ideally suited for single parents and are highly
recommended.
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