EASTJAVA'S

It’s not very often that a borrower takes into heavy consideration what his loan to value is when shopping for a loan.  In fact, if the subject is brought up by the customer, it’s mostly in relation to avoiding paying monthly mortgage insurance.  But sometimes, a loan to value can affect even more aspects of your loan – like pricing and approval!

What is loan to value?  Well, it’s exactly what it says.  The loan amount compared to the value of the home you are buying or refinancing.  For example, if you are buying a $100,000 home, and your loan amount is only $50,000, your loan to value or “LTV” is 50%.  It’s also very common to refinance a home to obtain a lower LTV and drop mortgage insurance that was before required.

Different types of loans have different minimum requirements for LTV’s.   With primary residence purchases, for instance, an FHA loan can have as high as a 97.75% LTV (soon to change to 96.5% in 2009).  A conventional loan can have as high as a 97% LTV (but more common is 95% LTV).  VA and Rural Housing loans can have 100% LTV’s.  People who have cash to put down on the property they are buying and financing with a conventional loan oftentimes try to amass 20% of the purchase price in order to avoid mortgage insurance.  Mortgage insurance is required when your LTV for a primary residence is above 80% and is issued by independent mortgage insuring companies like Genworth Financial or PMI.  Fannie and Freddie, the big purchasers of conventional loans, will require one of these or other approved companies issue mortgage insurance unless the loan has an 80% LTV.  And if you’re refinancing the home you live in?  The whole grid of acceptable LTV’s changes for the most part, with a few exceptions.  And furthermore, if you’re talking about investment properties, it’s another can of worms.  Read more...

You’d get to use the very latest techniques available – and in computer game development, as in other areas of computer animation and design, new ideas and techniques are becoming available all the time. When Andrew Adamson directed the 2005 movie of The Lion, the Witch and the Wardrobe, he said he was using techniques simply not available just a few years before. The same is true of computer game design. Every year, games are more realistic, more innovative, more gripping to play.

You might love to play computer games but never imagined you could design them. After all, playing games takes no special skills, but developing them surely takes many skills and lots of know-how, right? True; but you can acquire those skills through distance learning.

With distance learning, you can take game courses from the comfort of your own home. That’s a lot easier, and a lot cheaper, than attending a college to study computer game development.

It’s also likely to be more use to you. Because it is such a fast-moving industry, conventional college courses can be at a real disadvantage. They can be effectively out of date before they’ve even been introduced to the syllabus. A home-based study, on the other hand, can be updated far more easily, keeping you abreast of developments as they happen.

Another big advantage of home-based game courses is, if you choose the right one, it will be put together by games developers for future games developers. In other words, it will have been designed by people who have been trained up in the industry and know exactly what games companies are looking for.  Read more...

Computers are here to stay. They are in nearly every classroom and nearly every grade school child is already comfortable using one. Computers bring cutting edge technology and current information to students. Their contribution can be extended to include entertaining learning in the form of computer games.

Why are computer games being used in the classroom? Are they simply there to fill time in place of board games or outdoor playing, or do they serve an educational purpose? While games are often used to fill those times when students need something entertaining to do, they do serve a very important purpose.

Children enjoy using the computer. In fact, long before most kids have thought about school they have been on a computer. Video games, both computerized and on the television, are also extremely popular with children. Children will play computer games, so why not use them to reinforce educational material while they play?

Computer games in the classroom do not replace the teacher’s role. They are used for practice and drill in most situations. While some subjects, such as typing, are taught almost entirely using computer software, the computer is used in other subjects for practice. Take spelling as an example. When students need to practice their spelling words, a simple computer game like hangman could be used to help them practice in a fun, relaxed manner.

Educational software can be used in the home as well as the school. You know that your kids love to play on the computer. Imagine giving them a game to play that is fun while at the same time works to strengthen their math skills. Both you and your children’s teacher will approve of that type of screen time!  Read more...