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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... 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... |
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loan closing mortgage lenders lender rate refinance subprime related definitions |
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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... Back End Pionts vs Front End Points Back End Points vs. Front End Points A point is a type of mortgage slang for a percentage point. The technical term for point is loan origination fee. In laymen terms, a point is a fee you pay to a lender or broker ... more... |
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More about loan closing mortgage lenders lender rate refinance subprime
Finding a Mortgage Refinance Advisor Is Your Subprime Mortgage Lender a Predatory Lender Home Mortgage Loan Refinancing - Ready to Refi? Refinance Your 1st Mortgage Tips On New York Mortgage Refinance Loan Looking for a Home Mortgage? Shop Around Refinance Mortgage Brokers Online Credit Problems? With a Subprime Mortgage Lender, Poor Credit is Not a Problem Sub-Prime Mortgage Company - 4 Signs of a Predatory Sub-Prime Lender Kingsland Saint Marys & Kings Bay Real Estate - VA Mortgage Information For Home Buyers
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