Home | Ask Your Question | Mortgage Glossary |
|
||||||||
Mortgage Professor about mortgage payment home house fixed rate refinancing loan: | ||||||||
How to Deal With a UMB
January 28, 2004 Here are some guidelines for dealing with a UMB. Your Shopping Focus: When you deal with a UMB, your major focus should shift from shopping the price of the mortgage to shopping for a broker ... more... Penalties For Early Payment October 12, 2001, Revised November 17, 2004 What Is a Mortgage Prepayment Penalty? A prepayment penalty is a provision of your contract with the lender that states that in the event you pay off the loan entirely, you will pay a penalty. Penalties are usually expressed as a ... more... |
||||||||
mortgage payment home house fixed rate refinancing loan related definitions |
||||||||
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... 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... |
||||||||
More about mortgage payment home house fixed rate refinancing loan
How to Make a Wise Home Purchase and Avoid the Top 14 Home Buyer's Mistakes Before You Buy A House Top 10 Tips Home Mortgages: Does a No-Closing-Cost Loan Make Sense for You? Home Mortgages: Up, Up and Away! Top 10 Things to Consider on Home Loans Should You Refinance? Refinancing vs Line of Credit Bridging Loans - Fulfilling Financial Shortfall between Real Estate Transactions A Guide to Buying a New Home Home Buyers Face Decisions that Affect Their Long-Term Financial Picture
|
|
|||||||
|