Home | Ask Your Question | Mortgage Glossary |
|
||||||||
Mortgage Professor about cost of funds lender mortgage credit card bills purchase loans: | ||||||||
Shopping For a Mortgage On-Line
September 19, 2005, Revised December 5, 2005, Revised January 12, 2005 This article is on the why, which, and how of shopping for a mortgage on-line: why seek a mortgage this way, which sites are the best, and how do you shop effectively? Why Shop For a ... more... No-Cost Mortgages July 19, 2004 "Why wouldn?t anyone in his right mind take a no-cost mortgage if he could find one?" Because no-cost mortgages don?t eliminate costs, they convert them from costs paid upfront to costs paid over time. No-cost mortgages carry higher interest rates, ... more... |
||||||||
cost of funds lender mortgage credit card bills purchase loans related definitions |
||||||||
Secondary Mortgage Market
Secondary Mortgage Market The place where primary mortgage lenders sell the mortgages to investors like Fannie Mae or Freddie Mac in order to obtain more funds for originating more new loans. Secondary mortgage market provides liquidity for the lenders. Government-sponsored ... more... Credit Score Credit Score A single numerical score, based on an individual's credit history, that measures that individual's credit worthiness. Credit scores are as good as the algorithm used to derive them. The most widely used credit score is called ... more... |
||||||||
More about cost of funds lender mortgage credit card bills purchase loans
Escrow Accounts Are You Paying Too Much? "How Much Interest is Your Home Equity Earning?" Credit Card Purgatory - A 7 Step Comprehensive Plan to Get and Stay out of Credit Card Hell Simple Strategies to Making Financial Gain Commercial Loans Cost Effective Way of Funding Business Needs Adjustable Rate Basics No Money Down Home Loan Adverse Credit Remortgage: Refinance at Better Terms What to Look for in a Home Closing Costs When Buying A Home
|
|
|||||||
|