Home | Ask Your Question | Mortgage Glossary |
|
||||||||
Mortgage Professor about mortgage note property fha industry buyer assets: | ||||||||
Are Mortgage Assumptions a Good Deal?
November 17, 2003, Revised December 20, 2005 ?I have been offered a deal where I take over the home seller?s mortgage. What are the pros and cons of doing this?? Benefit of Mortgage Assumptions to Buyers When a homebuyer assumes responsibility for a home seller?s ... more... Are House Seller Contributions Kosher? July 10, 2000 ?I offered $289K for a house but was not able to make a down payment. The seller?s realtor told me that so long as I could pay all the closing costs, they would find a way to contribute 5% toward a down payment. When we sat down to sign the ... more... |
||||||||
mortgage note property fha industry buyer assets related definitions |
||||||||
Mortgage Note
Mortgage Note A written negotiable promise (agreement) to pay a sum of money plus interest at a set interest rate. The note is secured by a mortgage. In turn, mortgage is secured by property. Mortgage note states the amount of debt and the rate of interest, and makes the ... more... FHA Mortgage Insurance FHA Mortgage Insurance It is insurance from FHA to the lender against incurring a loss on account of the borrower's default. Paid if FHA loan LTV is higher than 80%. Also known as MIP - Mortage Insurance Premium. By insuring the loan the Federal Government agrees to repay ... more... |
||||||||
More about mortgage note property fha industry buyer assets
Buying a House in Scotland Federal Housing Administration (FHA) Develop Your Marketing Ideas from Outside Your Own Industry Investment Real Estate -- A New Twist: Be the Bank, Not the Landlord, and Get Rich Without the Work! What You Should Avoid in the Months Before a Home Purchase Uk House Price Increases Take A Summer Holiday How to Convert Your Real Estate Notes into Quick Cash How Homeowner Can Save Their Home From Foreclosure Investment Real Estate Secret: Buy a House Today, With No Money Down Using Business and Greeting Cards Effectively
|
|
|||||||
|