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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... Protecting Against Mortgage Broker Tricks July 15, 2000, revised October 5, 2002 "I know you have written about tricks that mortgage brokers pull, but I'm sure I don't have them all?Could you list them and explain how I can deal ... more... |
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mortgage lending lenders points prepayment penalty rate related definitions |
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Back End Points 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... 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... |
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More about mortgage lending lenders points prepayment penalty rate
Home Loans for People with Bad Credit Using a Sub Prime Mortgage Lender An Introduction to Mortgage Marketing Understanding Mortgage Points Mortgage Prepayment Penalties - Just Say No Tips for Finding the Best Agri Mortgage and the Best Agri Loan Low Income Home Loans - FHA and VA Mortgage Loans Can Help You Get Approved What Exactly is a Mortgage Broker and How Can He/She Help You Save Thousands on Your Mortgage? Is Your Subprime Mortgage Lender a Predatory Lender Locating a Bad Credit Mortgage Looking for a Home Mortgage? Shop Around
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