What is broker - How to Sell Your House For Full Price



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Mortgage Professor about broker:

Questions About Mortgage Brokers and Lenders
June 24, 2002 I get tons of mail from borrowers who are confused about the differences between lenders and mortgage brokers, and how these differences matter. "What is a mortgage broker?" A mortgage broker is a loan provider who offers the loan products of different ... more...

HUD and Yield Spread Premiums
October 3, 2001 The recent decision of the US 11th Circuit Court of Appeals in the case of Culpepper vs Irwin has suddenly swung the spotlight on HUD policy regarding yield spread premiums (YSPs) retained by mortgage brokers. To this date, HUD has been impotent in dealing ... more...

broker related definitions

discount Point
Discount Point Fees paid to lenders. 1 point = 1% of the loan amount. On a $100,000 loan 1 point is $1000. Points may be further classified into origination points or discount points. In laymen terms, a point is a fee you pay to a lender or broker. Each point is one percent of ... more...

Back End Pionts 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 broker

Get Free broker Quotes and Estimates
Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

How to Sell Your House For Full Price
Many people believe that a real estate broker is needed to sell their house. So they post it with a broker who may or may not sell it and if they do charge exorbitant fees. One would think that that commission would inspire to work harder for you. In some cases it does. In many others though, we ... more...

Online Mortgage Brokers - What You Might Not Know About Home Loans & The Internet
You may think that applying online for a mortgage is the same as applying with a broker in the 'real world', only more convenient.While applying for a mortgage online is much more convenient, and sure to help you get a lower rate because of the amount of competition online, there is another benefit ... more...

Houston Mortgage Brokers
Houston mortgage brokers and loan officers are not only licensed by the state of Texas, but also take ongoing continuing education classes, subscribe to a strict code of ethics and are the best in their field. Obtaining a home loan for your home can be a very confusing process. With so many options ... more...

Urban Hyena Finance Share Market Terms
Share Market TermsShare Market, Shares, Investment, Broker, Options, EntrepreneurKey TermsShare - Shares are traded on the Stock Exchange, a market place where public companies are listed and their shares open for trade. When you buy a share, you purchase an ownership stake in a public company. You ... more...

What is Tax-Deferred Exchange?
Under Section 1031 of the Internal Revenue Code, owners of real estate held for investment or use in a trade or business can swap their property tax-free for "like-kind" real estate. Exchanges are made for people wanting to stay invested in real estate, increase their leverage and to avoid paying ... more...

Locating a Bad Credit Mortgage
If you are looking to purchase a home or refinance the one you are currently living in, but believe this may not be a possibility for you because you have bad credit, think again.Just because you have bad credit does not mean you will not be able to receive a mortgage. In fact there are many ... more...

2nd Mortgage Loan After Bankruptcy - Get Approved Online
A 2nd mortgage loan after a bankruptcy is possible in as little as two years. Refinancing your mortgage can help you make needed home improvements or pay off high interest debt. Refinancing with adverse credit history requires savvy shopping on your part to ensure that you get a reasonable 2nd ... more...

Independent Brokerage Firm - Go Independent
Successful brokers and advisors basically have their own business regardless of where they work. The client investment business is a self-starter and largely commission based industry, so a broker must rely on his own production for survival anyway. When does the in-office support staff and other ... more...

Refinance Mortgage Brokers Online
Refinancing a home loan through an online mortgage broker has several rewards. Because of record low mortgage interest rates, homeowners are opting to refinance their current home loan with the intention of obtaining a lower rate, which in turn lowers mortgage payment. A reduction in mortgage ... more...

Best Mortgage Rate - How To Take Advantage Of The Best Home Loans
To get the best mortgage rate, its always a good idea to shop around. A mortgage is just like any other product and its price and terms may be negotiable. When shopping for the best mortgage rate, it is most likely that a comparison of costs is involved. Looking for the best mortgage rate may save ... more...

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