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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... 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... |
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mortgage point land credit score insurance home loan only house related definitions |
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Credit Score
Credit Score A single numerical score, based on an individual's credit history, that measures that individual's credit worthiness. Credit scores are as good as the algorithm used to derive them. The most widely used credit score is called ... 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... |
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More about mortgage point land credit score insurance home loan only house
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