Home | Ask Your Question | Mortgage Glossary |
|
||||||||
Mortgage Professor about find loan: | ||||||||
What If I"m Fired Before the Loan Closes?
July 19, 1999 "Our offer on a house was accepted, we've been prequalified, the loan officer is coming out tomorrow to take my application, and I just got fired from my job. What should I tell the loan officer and what will this do to our loan? What if I find a job in the ... more... Questions About Mortgage Brokers and Lenders June 24, 2002 I get tons of mail from borrowers who are confused about the differences between lenders and mortgage brokers, and how these differences matter. "What is a mortgage broker?" A mortgage broker is a loan provider who offers the loan products of different ... more... |
||||||||
find loan related definitions |
||||||||
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... discount Point Discount Point Fees paid to lenders. 1 point = 1% of the loan amount. On a $100,000 loan 1 point is $1000. Points may be further classified into origination points or discount points. In laymen terms, a point is a fee you pay to a lender or broker. Each point is one percent of ... more... |
||||||||
More about find loan
Don't Let Your Personal Loan Become a Personal Moan Finding the Right Car Loan for You Finding a Loan With Bad Credit Advice For Securing A Loan Five Things To Check Out When You Apply For a Payday Loan How to Get a Secured Bad Credit Loan Simple Tips On Getting Your Loan How To Stretch Your Student Loan Loan Options for College Students
|
|
|||||||
|