Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator
Mortgage Professor about buyers guide: 
Lease-to-Own House Purchases
20 September 2004, 3 October 2005 Postscript What Is a Lease-to-Own Purchase? A lease-to-own house purchase (also "rent-to-own purchase" or "lease purchase") is a lease combined with an option to purchase the property within a specified period, usually 3 ... more...

Are Mortgage Assumptions a Good Deal?
November 17, 2003, Revised December 20, 2005 ?I have been offered a deal where I take over the home seller?s mortgage. What are the pros and cons of doing this??  Benefit of Mortgage Assumptions to Buyers When a homebuyer assumes responsibility for a home seller?s ... more...

buyers guide related definitions

Truth-In-Lending, TILA
Truth-In-Lending A federal law requiring disclosure of the Annual Percentage Rate to home buyers shortly after they apply for the loan. Also known as Regulation Z and Truth-In-Lending-Act (TILA). Requires disclosures about its terms and cost and gives consumers the right ... more...

Annual percentage rate APR
Annual percentage rate (A.P.R.) Is a interest rate reflecting the cost of a mortgage as a yearly rate. This rate is likely to be higher than the stated note rate or advertised rate on the mortgage, because it takes into account ... more...

More about buyers guide

Get Free buyers guide 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...

Mortgage Broker Marketing - Sell Problems, Not Solutions
Are your marketing messages to Realtors guilty of these promises?- To render great customer service - To close loans on time - To offer the best competitive rates - To help them make more money - To deliver referrals or free leads - To co-market services - To qualify all buyers through a diversity ... more...

Is My Money Safe? On The Soundness Of Our Banks
Banks are institutions wherein miracles happen regularly. We rarely entrust our money to anyone but ourselves and our banks. Despite a very chequered history of mismanagement, corruption, false promises and representations, delusions and behavioural inconsistency banks still succeed to motivate ... more...

Searching for the Perfect Car Loan
Credit Unions have long been known as the place to go when you are in the market for a new or used car. Todays credit union pairs its long history of car financing with technological and bargaining tools that help consumers every step of the way.Of course, programs vary among credit union, but ... more...

Bad Credit Loans For Those Who Seek Alternatives for New or Old Car
You can still save money on a Bad Credit Loan by comparing rates, checking out multiple policies, and negotiating with lenders.Getting a Bad Credit Loan doesnt have to be like basic training. Someone with bad credit will more than likely have a tough time buying a brand new car at an affordable ... more...

Subprime Mortgage Loans - Which Lenders Should you Avoid?
If you have bad credit, your options for a mortgage lender may be limited. For the most part, traditional mortgage lenders prefer applicants with a high credit score. If you do not match their criteria, you will likely have to obtain a mortgage from a subprime lender.Subprime lenders provide ... more...

How To Give Your Home A Face-Lift: The Sellers' Guide To A Quick Sell
One of the great challenges to selling a home can be showing all of its space, decor and natural light potential. For example, every home has crowded closets and dead space. Sellers should be aware that areas such as these are easy to spruce-up with a little elbow grease and old-fashioned ... more...

4 Simple Tests To Find Good Real Estate Investment Properties
You're driving along the road when you spot it. There in the middle of a shaggy lawn sits a disheveled property. It may need a good coat of paint, or a shutter straightened out, but it's easy to see that with a little work it could be a little gem of a property. Best of all, sprouting in the middle ... more...

Home A Loan
The number of homeowners taking out secured loans is set to slow down over the next five years according to analysts at Datamonitor. Over the past five years the market for secured loans has increased by over 50%, however predictions indicate that loans secured against property will only increase ... more...

A Brief Commercial Mortgage Guide
Commercial mortgage loans are used when purchasing structures such as office buildings, apartment complexes, health care facilities and retail outlets. Whether its a hi-rise tower or a family-owned restaurant, buyers typically need additional funding to complete the transaction. Commercial ... more...

Merger and Acquisition Valuation Practice Outline
Outline for a New M&A ValuationPractice Area for a Law FirmMichael A. S. Guth, Ph.D., J.D., Practice LeaderThis outline describes the M&A package that our law firm would normally prepare when retained to find targeted acquisitions for a client. If we are retained by a seller, then this outline ... more...

Return to previous page   
Shop For Your Mortgage Now!
Shop For Your Mortgage Now!

You'll be re-directed to Top-Lenders.com

Want to Know Your Rate?
Get Customized Mortgage Quote Instantly

Mortgage Indexes Info
30 Yr Fixed Rate
15 Yr Fixed Rate
5/1, 3/1 ARM
CODI
COSI
12 MTA
COFI 11th District, Federal
12 Month LIBOR (USD)
1 Year CMT
Market Indexes Info
WSJ Prime Rate
FNMA
Federal Funds
30 Year Treasury

 

ExplainingMortgages © 2005 - 2009