Moyses Levy

 Being a homeowner is a huge undertaking. As a homeowner, you're responsible for mortgage payments, property taxes, maintenance on the home, and the exterior upkeep as well. They're all major responsibilities but the one responsibility that's the most important, and that will affect your ability to handle the responsibilities listed above, is selecting an affordable mortgage loan; the key to that is know what your financing options are and how to use those options to your advantage. Three steps is all it takes.   The first step in using your financing options to your advantage is to shop around for up to three mortgage lenders-whether they're brokerage firms or bank-direct lenders-to foster the financing of your mortgage. Find firms / mortgage consultants that are patient, willing to answer your questions directly and that appear to genuinely care about helping you find a good mortgage loan. Do not move forward with the second step until this is done.   The seco...

 Types of mortgage advice   So what are the different types of mortgage advice and where would you expect to find them?   Non-advice   This type of mortgage broker offers the least consumer protection, they will simply ask a set of questions to narrow the customers requirements and thus filtering the number of mortgages available. They then present the customer with a small list of possible mortgages for the consumer to choose one appropriate. The consumer protection here is based on the script of questions the broker asks. The script is a process determined prior to the consumer appointment, and is impersonal. Therefore specific personal circumstances are unlikely to be assessed. It also assumes that the customers answers are factually correct and the final choice is made solely by the consumer. Although no advice is offered these brokers do handle the arranging of the mortgage on the consumers behalf, and therefore dealing with all the chasing and remov...

 When a person purchases a property in Canada they will most often take out a mortgage. This means that a purchaser will borrow money, a mortgage loan, and use the property as collateral. The purchaser will contact a Mortgage Broker or Agent who is employed by a Mortgage Brokerage. A Mortgage Broker or Agent will find a lender willing to lend the mortgage loan to the purchaser.   The lender of the mortgage loan is often an institution such as a bank, credit union, trust company, caisse populaire, finance company, insurance company or pension fund. Private individuals occasionally lend money to borrowers for mortgages. The lender of a mortgage will receive monthly interest payments and will keep a lien on the property as security that the loan will be repaid. The borrower will receive the mortgage loan and use the money to purchase the property and receive ownership rights to the property. When the mortgage is paid in full, the lien is removed. If the borrower fails to repa...

 If math was your strong suit in high school and college, you might consider giving a career as a financial engineer a try. Leading brokerage houses such as Merrill Lynch are increasingly interested in hiring financial engineers to help guide their businesses. In fact, Merrill Lynch provided a grant to MIT to launch a financial engineering program.   Nowadays, a certificate in financial engineering is considered to be an express route to Wall Street and to the job security and financial rewards that it represents. Mathematical modeling is a hot property in the investment industry--and financial engineers can provide it.   An advanced degree is absolutely critical to obtaining a position as a financial engineer. Preferably, you should have a graduate degree from a highly reputable institution known for its advanced math and financial management programs. While there is some glamour associated with the term financial engineer, the work of such an engineer basically ...

 Financial engineering is a discipline that uses knowledge from multiple fields, including computer science, economics, applied mathematics and statistics, and applies them to innovative solutions to financial problems as well as the creation of new finance products. Also known as computational engineering, finance engineering is used in a variety of organization, including investment banks and insurance agencies. One example of the application of financial engineering to a current problem is financial reinsurance products, which allow an insurance provider to write big policies without shouldering too much risk by sharing it with another company in exchange for a portion of the premiums. Another example is bundling several products together into one package that is offered to consumers at a special low price. Some of the fields in which financial engineering is applied include:   Corporate finance. This is a blanket term that refers to the way the finances of a corporation ar...

 When you talk about investment and investment banking, the first thing that would come to your mind is business management and finance. An investment is something that you place in a bank or venture in the hopes of either saving the money or letting it grow. It is usually for the latter reason that individuals and organizations transact investments. To understand investment banking, first, we have to understand its roots. The term "invest" comes from the term "vestis," which is Latin for "garment" and was used to denote the act of putting resources into another one's pockets. Like the Latin term, the investor puts the assets into another entity's pocket; the latter is where the investment banks come in. Basically, investment banking involves the client purchasing assets from the investment bank. The client expects that the purchased asset capital will gain dividends and grow. In effect, the investor did not work on anything other than making the i...

 In many cases, it is observed that conventional loan is either not possible or undesirable. This is when business structured loan comes into play.   Business structured loan is a way of making a loan based on strong cash flow performance in the past. Rather than use other assets as collateral, advance funds are offered based on previous history. This provides a record of how the borrower fared while repaying his previous loans, if any. Benefits   Business structured loan is an attractive option for those entities which don't possess much material assets, but have a long history of monthly billing and client base, coupled with the customer's consistent pay histories.   Investors are often willing to lend money to such corporations, even if they are small, and do so at lower interest rates than the one from financial institutions. For any business which seeks to expand client base and requires quick cash for it, structured finance offers the most cost-efficient wa...