![]() ![]() ![]() ![]() ![]() ![]() |
||
| Home | Ask Your Question | Mortgage Glossary |
|
|
||||||||
| Mortgage Professor about mortgage loans banks loan closing: | ||||||||
|
Mortgage Lenders, Mortgage Brokers & Loan Officers
December 22, 2000 "What is the difference between a lender and a mortgage broker?" "What is the difference between a retail lender and a wholesale lender?" "What is a 'direct' lender ... more... Will My Mortgage Loan Be Sold? September 20, 1999 "I have been told that any lender I go to will probably sell my loan. Is that true? Am I justified in feeling disturbed about this?" Yes, it is true, but no, I don?t think you should be disturbed about it. A majority of borrowers deal with ... more... |
||||||||
mortgage loans banks loan closing related definitions |
||||||||
|
Negative Amortization
Negative Amortization Negative amortization, also known as Neg Amortization, NegAm, NegAmMort, occurs when borrower pays back less than the full amount of interest owed to the lender each month. The difference betweeen full interest and paid amount is added to the total amount ... more... 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... |
||||||||
|
More about mortgage loans banks loan closing
Rhode Island Mortgage Loans Choosing a Mortgage Knoxville Mortgage Companies Credit and Loan Help for Mortgage Loans Online Mortgage Loan Companies Are Convenient Is Bad Credit Mortgage a Threat of Bankruptcy? How to Find a Loan or Mortgage with Bad Credit Mortgage Glossary - A Glossary of Mortgage Terms You Should Know Mortgage Info You Can Actually Understand! Mortgage Loan Closing Costs for Refinance Loans and Home Purchase
|
|
|||||||
|
||||||||