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Mortgage Professor about loan closing downpayment property home market: | ||||||||
Lies Mortgage Shoppers Hear
December 2, 2002, Revised July 16, 2004 "I am about to shop the market for the mortgage I need to finance my home purchase. Is there a danger that people won?t tell me the truth? Any lies I should look out for in particular ... more... What Mistakes Do Mortgage Shoppers Make? October 23, 2000 "I am about to shop the mortgage market. Can you give me a handy list of the mistakes I need to avoid?" Here are some of the worst. Select The Loan Provider Offering The Best Price Over The Telephone Or In The Newspaper If you cast a wide net, you ... more... |
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loan closing downpayment property home market related definitions |
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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... Owner Occupied Property Owner Occupied Property A borrower uses the property as a primary residence. An Owner Occupied loan is secured by property, typically with the borrower renting and occupying the space. If more than one unit, the lease payments may directly support principal and interest ... more... |
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More about loan closing downpayment property home market
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