Home | Ask Your Question | Mortgage Glossary |
|
||||||||
Mortgage Professor about no points mortgage: | ||||||||
No-Cost Mortgages
July 19, 2004 "Why wouldn?t anyone in his right mind take a no-cost mortgage if he could find one?" Because no-cost mortgages don?t eliminate costs, they convert them from costs paid upfront to costs paid over time. No-cost mortgages carry higher interest rates, ... more... Tutorial on Selecting Mortgage Features Planning to shop for a mortgage on-line? You need to answer the following questions first, so you know exactly what you are shopping for. 1. What Type of Mortgage Should I Select? 2. Which Mortgage Options Should I Select? 3. How Long a Term Should I Take? 4. ... more... |
||||||||
no points mortgage related definitions |
||||||||
Refinance
Refinance Refinancing refers to applying for a mortgage loan intended to replace an existing loan secured by the property. Homeowners usually consider refinancing for the purpose of getting a better interest rate, loan term, or to draw cash from the equity. ... more... 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... |
||||||||
More about no points mortgage
Real Estate Stories that Show You How! Rebuilding After Katrina: Smart Energy Choices The US Dollar Is Not Weak Brand Equity - Brand Identity Guru Set Aside Foreclosure and Decree and Motion for New Trial 15 Tips To Help You Buy Your Home Home Selection Checklist - A Good Aid When Choosing a Home Challenging the Gospel of Growth -- Must Business Grow to Survive? Why Gamble on Sports?
|
|
|||||||
|