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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... 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... |
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private mortgage insurance loan house financing subprime lenders related definitions |
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Private Mortgage Insurance, PMI
Private Mortgage Insurance, PMI Loans with an LTV over 80% may require Private Mortgage Insurance (in some cases 75% or 70% when refinancing). If you do not have a 20 percent down payment, lenders will allow a smaller down payment. With the smaller down payment loans, however ... 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 private mortgage insurance loan house financing subprime lenders
Home Loans For People With Bad Credit - Tips To Getting Approved Online Helpful Hints for First-Time Home Buyers Getting 100% Financing With Bad Credit - Is No Down Payment a Good Idea? VA Home Loan Information - Buying A House With A VA Loan Buy A Home After A Disaster With Government Help Home Loan For People With Poor Credit Subprime Mortgages Low Down Payments And No PMI Buying A Home With No Money Down or Bad Credit - PMI Can Make It Easier Refinancing Costs - What to Expect Subprime Mortgages How Large of a Down Payment Do You Need? Raising Money For Property Development
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