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Mortgage Professor about income producing property: | |||||||||||||||||||||||
Qualifying For a Mortgage
December 12, 2000 Most potential borrowers are nervous about getting a mortgage loan because they share a widespread misperception: the misperception is that they have no bargaining power relative to lenders, and therefore must approach them ... more... Stated Income Loans: Lie to Get a Better Rate? June 20, 2005 Stated income loans are also called ?liars loans?, because in some cases, the rules virtually invite the borrower to lie. The case below is a great illustration. ?My husband makes $7,000 a month but has a credit score of 503. I make $1250 and have a score ... more... |
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income producing property related definitions |
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Cash-Flow
Cash-Flow The amount of cash derived over a certain period of time from an income-producing property. The cash flow should be large enough to pay the expenses of the income producing property (mortgage payment, maintenance, ... more... Equal Credit Oportunity Act Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more... |
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More about income producing property Greed Can Cost You Your Shirt! How to Find the Right Business Loan or Mortgage REIT: Real Estate For The Elite Top Ten Tips when Buying Real Estate! Will a 1031 Property Exchange Solve Your Problems? How Appraisals and Assessments Differ Florida Investment Real Estate and What Are Considerations Before Buying Successful Real Estate Investing Where Did All The Farmers Go? Understanding How to Get Easy Home Loans for the Self Employed
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