![]() ![]() ![]() ![]() ![]() ![]() |
||
| Home | Ask Your Question | Mortgage Glossary |
|
|
||||||||
| Mortgage Professor about information loan mortgage amount property home equity loans: | ||||||||
|
How Do I Get a Reverse Mortgage?
July 21, 2003 ?I am running short of money and friends tell me that I should take a reverse mortgage, but the thought of a complicated transaction involving my house just terrifies me. It would help a lot if you would lay out the steps in 1, 2 3 form?? With a reverse ... more... Are House Seller Contributions Kosher? July 10, 2000 ?I offered $289K for a house but was not able to make a down payment. The seller?s realtor told me that so long as I could pay all the closing costs, they would find a way to contribute 5% toward a down payment. When we sat down to sign the ... more... |
||||||||
information loan mortgage amount property home equity loans related definitions |
||||||||
|
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... 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... |
||||||||
|
More about information loan mortgage amount property home equity loans
Home Loans and Mortgages Shop Around for the Best Deal No Deposit Home Loans Howard Stern is Hot in Real Estate How to Buy a Holiday Home Abroad Why It's Important to Get Pre-Approved Home Equity Loans Online - Types Of Home Equity Loans Do You REALLY Need a Home Equity Loan? Home Equity Line of Credit Pro and Cons Subprime Mortgages How Large of a Down Payment Do You Need? Home Loans -- Federal Regulators Warn Lenders to Be More Careful
|
|
|||||||
|
||||||||