Home | Ask Your Question | Mortgage Glossary |
|
||||||||
Mortgage Professor about purchasing home mortgage loan lender refinancing: | ||||||||
Why Does Mortgage Refinancing Cost More?
March 24, 2003 "Why are mortgage interest rates higher when the borrower is refinancing than when the borrower is purchasing a home?" If the borrower, the property and the loan are the same, one would think that a loan used to purchase a home would be priced the ... more... Why Is Refinance Shopping Easier? 4 July 2005 ?I have heard that it is easier to shop for a refinance than for a purchase mortgage, but I?m not completely sure why??? Shopping For a Purchase Mortgage Borrowers purchasing a house are faced with a closing date on which they must provide funding to ... more... |
||||||||
purchasing home mortgage loan lender refinancing 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... Home Equity Loan Home Equity Loan A home equity loan is borrowing against the equity you have acquired in your home. Lets suppose your original mortgage was $175,000.00, but your house is worth $225,000.00. The difference is $50,000.00. ... more... |
||||||||
More about purchasing home mortgage loan lender refinancing
Adverse Credit Mortgage Loan - Persistence is the Key to Getting Approved Home Mortgage Loan Information - Which Type of Home Loan is Best For You? Why Get Pre-Approved For A Mortgage? Mortgage Refinancing 101 Helpful Mortgage Advice Discover the Best Home Mortgage Rates Refinancing Your Home Mortgage - Get Up To 125% Cash From Your Home's Value Mortgage Rates and Current Mortgage Rates Need a Mortgage, Refinance or Equity Loan? Learn What it Takes, Before Applying Strategies for Saving Money on Your Mortgage
|
|
|||||||
|