Category: Business

Mortgage servicing companies charge a premium because most consumers believe that they will get a better deal because they are staying with their existing company.The truth is that the company you are currently making your mortgage payment to is most likely a collection company who is working on behalf of the actual holder of your mortgage which is usually Fannie Mae, Freddie Mac, or Ginnie Mae. In fact, I worked at a mortgage servicing company who I won’t mention here and I was floored when I learned that we were given two rate sheets. One for our existing customers and another rate sheet for new customers who management considered more likely to shop around (a full .25%-.375% higher rate).

Mortgage terms : Closed mortgage – A mortgage that cannot be repaid or prepaid, renegotiated or refinanced prior to maturity, unless stated in the agreed upon terms. Closing costs – Costs that are in addition to the purchase price of a property and which must be paid on the closing date. Examples include legal fees, land transfer taxes, and disbursements. Debt service ratio – The percentage of the borrower’s income used for monthly payments of principal, interest, taxes, heating costs, condo fees (if applicable) and debts. GDS is gross debt service – how much you spend on Principal, Interest, Taxes and Heating. TDS is total debt service – GDS plus all other debt payment obligations. Default – A homeowner is ‘in default’ when he or she breaks the terms of a mortgage agreement, usually by not making required mortgage payments or by not making payments on time. Down payment – The money that you pay up-front for a house. Down payments typically range from 5%-20% of the total value of the home, but can be anything above 5%, if you qualify. Early Discharge Penalty – A penalty you may pay your lending institution for breaking the mortgage contract early. This is usually 3 months interest or the Interest Rate Differential (IRD), whichever is larger. See below for IRD.

Paying attention to your financial situation is extremely important. Here are some advices related to financial issues. Prepaid cards require the cardholder to load money onto the card before the card can be used. Purchases are withdrawn from the card’s balance. The spending limit does not renew until more money is loaded onto the card. Prepaid cards do not have finance charges or minimum payments because the balance is withdrawn from the deposit you’ve made. These cards are not actually credit cards, and they don’t directly help you rebuild your credit score. Prepaid cards are similar to debit cards, but are not tied to a checking account. A lot of people use them as a way to stay within budget.

Payday Loan Interest: Payday lenders charge borrowers extremely high levels of interest that can range up to 500% in annual percentage yield (APR). Most states have usury laws that limit interest charges to less than approximately 35%; however, payday lenders fall under exemptions that allow for their high interest. Since these loans qualify for many state lending loopholes, borrowers should beware. Regulations on these loans are governed by the individual states, with some states even outlawing payday loans of any kind. In California, for example, a payday lender can charge a 14-day APR of 459% for a $100 loan. Finance charges on these loans are also a significant factor for borrowers as the fees can range up to approximately $18 per $100 of loan. More financial calculators at Mortgage loan.

Terms: A guaranteed loan is a loan that a third party guarantees, or assumes the debt obligation for, in the event that the borrower defaults. Guaranteed mortgages, federal student loans and payday loans are all examples of guaranteed loans.

Guarantee : A guarantee is a non-cancellable indemnity bond, backed by an insurer. It offers investors security that an investment will be repaid. A limited guarantee is when the amount the guarantor is responsible for is limited to a set sum or time frame. A non limited guarantee is when the guarantor is obligated to repay all amounts due. More financial info on Mortgage rate calculator.

Cash on Hand, Money in the Bank: Another thing most news reports look at is how companies manage their money – specifically, how much they have in free cash flow, total debt, and what assets they have available in cash equivalents, such as short-term government bonds that they can sell to settle debts. In Hemlock Inc.’s announcement, free cash flow is increasing, meaning that after all expenses have been laid out in order to maintain the business’ continuing operations, the amount of cash it has on hand is growing. On Hemlock’s balance sheet, the company shows cash and cash equivalents of $128 million, which can be converted into cash if required, especially in the event that their total debt increases and/or income takes a hit.

Interest Rate Differential – A way lenders calculate the penalty for discharging a mortgage before the end of a closed mortgage contract. The difference between the interest that the financial institution will make if you continued your mortgage to the end of the contract and what they will make by loaning it to someone else at the current interest rate. More on Mortgage affordability calculator. High ratio mortgage – A mortgage where the borrower is contributing less than 20% of the value of the property as the down payment. The borrower may have to pay a mortgage default insurance premium such as CMHC insurance, usually tacked onto the mortgage amount.

If you are producing solar electricity, you should convert your hot water systems to electric boilers. Instantaneous water heaters also allow the heating of water close to the tap – for instance as under-sink units. The water temperature can be adjusted to exactly what is desired. The demand for hot water is more or less the same over the course of the year. During the late spring and summer, that demand can entirely be met by solar power. That increases the level of self-consumption. A combination with special hot water heat pumps can also make sense.

How long do solar panels last? However, while that’s usually the case with a central inverter (which handles the output of all the panels), a newer type, the so-called ‘micro-inverters’, are installed or included with each solar panel, and are said to have a much longer lifespan (up to 25 years), and could last for decades as well.

Global Solar Supply is a premier , US based, provider of solar panels, solar batteries, solar inverters and any other accessories needed for solar power systems. Solar system Engineering, Consulting, Advice Renewable energy is the future.We are also a certified C-10 electrical contractor, fiber optics level 2 installer, troubleshooter, and thermal imaging level 1 accredited. I have experience in the design build of SCADA and other remote interfaced control systems including 12,24,48 and up DC power systems.

We have worked for many electrical companies, as an apprentice, lead foreman and supervisor for a variety of different projects including simple residential electrical installations to very complex control systems including SCADA, PLC and relay based systems. We have a full solution for solar batteries. The company is a market leader, top quality provider of solar panels and solar equipment montage in California, US.

Those appliances in the household with the highest electricity demand are the dish washer, the washing machine, the tumble dryer and the kitchen stove. These can easily be equipped with timer switches, so that they run during the day, when the solar generator on the roof is producing a lot of output, which can be used directly. A high-wattage stove might be a challenge for PV by itself. In this case, a large storage unit (solar battery) can be used as a buffer for short-term load peaks. Because it is not just the number of kilowatt hours on the roof that has to be sufficient, but also the currents made available at short notice. This determines if a storage unit is designed for capacity (in kilowatt hours) or output (in kilowatts).

Solar energy is derived from the sun’s radiation. The sun is a powerful energy source, and this energy source can be harnessed by installing solar panels. Did you know that the energy it provides to the Earth for one hour could meet the global energy needs for one year? However, we are able to harness only 0.001 percent of that energy.

Advantage of Solar Energy : Since you will be meeting some of your energy needs with the electricity your solar system has generated, your energy bills will drop. How much you save on your bill will be dependent on the size of the solar system and your electricity or heat usage. Moreover, not only will you be saving on the electricity bill, but if you generate more electricity than you use, the surplus will be exported back to the grid and you will receive bonus payments for that amount (considering that your solar panel system is connected to the grid). Savings can further grow if you sell excess electricity at high rates during the day and then buy electricity from the grid during the evening when the rates are lower.

Disadvantage of Solar Energy : The more electricity you want to produce, the more solar panels you will need, as you want to collect as much sunlight as possible. Solar panels require a lot of space and some roofs are not big enough to fit the number of solar panels that you would like to have. An alternative is to install some of the panels in your yard but they need to have access to sunlight. If you don’t have the space for all the panels that you wanted, you can opt for installing fewer to still satisfy some of your energy needs.

Few answers : You have many choices when it comes to purchasing anything in today’s market place and we are here to make it easier to get the solar parts you want and need as quickly and easily as possible. we offer FAST shipping and strive to have orders shipped out the same if the product is in stock at our warehouse facilities. We also offer education and design assistance for your projects and will have engineering service links on our web site very soon. Bottom line we are here to help you with your solar power system whether it is on component to fix your existing set up or if it is a custom designed system we can help.

Looking for Sub-ZeroAppliance Repair Service in Orange County? Refrigerators made by KitchenAid are known to provide efficient cooling and effective food maintenance. While refrigerator repair can be needed even for high end units from KitchenAid, it will be something at the back of your head for a long while because of its properties. KitchenAid offers a range of refrigerators which have different features you will all love. They offer built-in and standing refrigerators, refrigerators with drawers or undercounter refrigerators, and more specialized units built solely for beverage and wine or for making ice. The styles of their models also have good variations. They have French door units, side by side refs, and units with bottom freezers. Because of these differences alone, you are given a lot of options for the style and functionality of your KitchenAid refrigerators. They offer varying sizes as well to make sure your unit fits your kitchen. Apart from that, colors and materials used for KitchenAid units also have variations ranging from metallic-looking units to even wood-patterned ones.

D&V appliance repair in Orange County has been a family owned and operated company since 2005. Our main goal is to provide quality appliance service for our customers to earn their trust and confidence. During these years we have helped 1000’s of happy customers. We understand that it can be stressful when your appliance breaks down. We do our best to come as soon as possible and work fast as we can to get the problem fixed. That’s why it became our company’s strategy to invest in two things: our technicians’ education and training, and our appliance parts stock, making sure that majority of the appliance problems we can fix in one trip.

You can trust our appliance repair to our professional technicians. With years of working experience our technicians can provide the best quality appliance repair service. Whatever the problem is, we guaranty that we can fix it fast. You don’t have to worry about anything. See more info on appliance repair in Santa Ana.

For Orange County Appliance Repair Call us today 714-204-3140 or schedule an appointment on-line. We will come at the most suitable time for your and will consider all your preferences and customer our service will be happy to answer all your questions regarding appliance repairs. We are open from 8:00 AM to 9:00 PM every Monday through Saturday. We are also on call after our normal scheduled hours and on weekends for emergency repair services.

We all are surrounded by appliances in our homes. And we don’t pay much attention to them until something breaks down. But having your refrigerator got warm when you just brought a week supply of grocers from a grocery store is a nightmare; or what an unpleasant situation to have your dryer stopped working when you have a bench of wet clothing in your washer. Appliances has a tendency to always break unexpectedly at worst possible times like during holidays or when you have family visiting at your home or when you are busy at your business.

One of the top pros of selecting LG appliances is that they have reasonably-priced appliances considering the features that they are offering. With the many different models and designs to choose from, you will not have a hard time finding the appliance that will suit your taste. The durability and high quality of these items also lessens the need for LG appliance repair costs. Their products are known to last for years and function as if they are new despite having been used for a long time. With the energy-saving features and continuously improving models they strive to come up with, choosing home appliances from them can be a great investment to have a more energy-efficient home.

Today, Samsung is a brand known to be a highly competitive name when it comes to mobile phones and electronic gadgets. Apart from providing the latest gadgets, Samsung—which is more formally known as the Samsung Group also provides home appliances with the latest technological advancements and features. Samsung is one of the South Korean companies based in Seoul, South Korea which produces home appliances, electronic goods, and telecommunications equipment among others. It was founded in 1938 by Lee Byung-chul as a trading company and the company began in the electronics industry in the latter part of the 1960s. In the 1990s, Samsung began to globalize their activities, and today, they are one of the top providers of many kinds of advanced consumer goods.