Home | Ask Your Question | Mortgage Glossary |
|
||||||||
Mortgage Professor about lender mortgage companies loan reverse property: | ||||||||
How to Shop For a Mortgage
September 24, 2003, Revised November 12, 2004 Shopping for a mortgage effectively isn?t easy. Reforms proposed by HUD, which were pending at the time this article was first drafted, and which promised to make the process much easier, were never enacted. ... more... Tutorial on Selecting Mortgage Features Planning to shop for a mortgage on-line? You need to answer the following questions first, so you know exactly what you are shopping for. 1. What Type of Mortgage Should I Select? 2. Which Mortgage Options Should I Select? 3. How Long a Term Should I Take? 4. ... more... |
||||||||
lender mortgage companies loan reverse property 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... Reverse Mortgage Reverse Mortgage, Reverse Annuity Mortgage, RAM A form of mortgage in which the lender makes periodic payments to the borrower using the borrower's equity in the home. A mortgage used by the elderly that provides income as a way of converting their home equity into a ... more... |
||||||||
More about lender mortgage companies loan reverse property
The Basics of Home Loans - Interest Rates, Closing Costs, Points Real Estate Investors Kick Away $1,000 Guide to Secured Loans Reverse Mortgages: All You Need To Know Easements One Two and Three The Right Way To Credit Repair Tips for Stopping Foreclosure HELOCs and Second Mortgages: Which One Should I Choose? Guide to Home Improvement Loans The Great Real Estate Bubble Quiz
|
|
|||||||
|