Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about lump sum: | |||||||||||||||||||||||
Which Reverse Mortgage Plan Do I Choose?
April 8, 2003 ?I am 79. The counselor I saw in connection with my reverse mortgage told me that Fannie Mae?s Home Keeper product would provide me with more money than FHA?s Home Equity Conversion Mortgage, but that Home Keeper would cost me more. The decision was mine ... more... Mortgage Prepayment as Investment: Another Look November 3, 2003 "Should not your analysis of when mortgage repayment is a good investment distinguish between two different sets of circumstances? One is where you pay off the mortgage in one fell swoop by liquidating assets. The other is where you allocate surplus ... more... |
|||||||||||||||||||||||
lump sum related definitions |
|||||||||||||||||||||||
Home Equity Loan
Home Equity Loan A home equity loan is borrowing against the equity you have acquired in your home. Lets suppose your original mortgage was $175,000.00, but your house is worth $225,000.00. The difference is $50,000.00. ... more... Second Mortgage, Home Equity Loan Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more... |
|||||||||||||||||||||||
More about lump sum Getting Cash Now for Your Structured Settlement Life Insurance Information Insurance Glossary Insurance Glossary of Terms Are You Suffering from Payment Protection Overload? Structured Settlements Should You Sell Yours? Contemplating Selling Your Cell Tower Lease For A Lump Sum? Individual Voluntary Arrangements. IVA Structured Settlements 101: How Structured Settlements Work Selling Your Business Note
|
|
||||||||||||||||||||||
|