Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about refinance calculate: | |||||||||||||||||||||||
Lies Mortgage Shoppers Hear
December 2, 2002, Revised July 16, 2004 "I am about to shop the market for the mortgage I need to finance my home purchase. Is there a danger that people won?t tell me the truth? Any lies I should look out for in particular ... more... Is a Balloon Loan Better Than an Adjustable Rate Mortgage? May 4, 1998 "I have been offered a 5-year balloon loan at 6.5% and zero points, and a 5-year ARM [adjustable rate mortgage] at 6.125% and zero points. Is there any reason why I should not choose the ARM?" No reason, provided you confidently expect to be out of ... more... |
|||||||||||||||||||||||
refinance calculate related definitions |
|||||||||||||||||||||||
Refinance
Refinance Refinancing refers to applying for a mortgage loan intended to replace an existing loan secured by the property. Homeowners usually consider refinancing for the purpose of getting a better interest rate, loan term, or to draw cash from the equity. ... more... Wraparound Mortgage Wraparound Mortgage Mortgage Loan which provides a buyer with the amount of the remaining balance on a seller's mortgage plus an additional amount which is requested by seller as part of the contract of sale. Payments are made to the lender who holds the wraparound loan. ... more... |
|||||||||||||||||||||||
More about refinance calculate How to Finance or Refinance a Motorcycle Loan Bad Credit Home Mortgage Refinance - Should You Refinance Bad Credit Home Mortgage Refinance Should You Refinance Home Mortgage Loan Refinance - Refinancing a Fixed Rate Mortgage Mortgage Calculator How to Calculate Your Monthly Mortgage Payment Should You Choose to Refinance? Mortgage Prepayments and Penalties for Dummies Auto Refinancing and Car Loan Guide Florida Refinance Mortgage Should You Refinance?
|
|
||||||||||||||||||||||
|