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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... What Is Predatory Lending? November 8, 1999 "What is 'predatory lending'"? Predatory lendinghas been much in the news lately, and legislation has been introduced in a number of states to regulate it away. Most of this proposed legislation is ill-advised -- a knee-jerk response to horror stories. ... more... |
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home plumbing insurance inspection loans house equity related definitions |
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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... |
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More about home plumbing insurance inspection loans house equity
Dangerous Liaisons: Tips For Securing Homeowner's Insurance Home Loans Would You Buy a Home Without an Inspection? Home Loans: Where Do I Begin? How To Spot A Good Buy A Singles Game of Real Estate 5 Tips for Savvy Use of Your Home Equity Line of Credit 10 Reasons A Home Buyer Will Never Buy Your House Home Improvement: To Build Your Very Own Comfort Zone What to Look for in a Home Buying an Unfinished Home Maybe Your Answer
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