Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator
Mortgage Professor about codi loan: 
How to Shop For an Option ARM
18 July 2005 "I want the low payments that are available on an option ARM, but I don?t know what I should be looking for in shopping for one. Can you help?" Reluctantly. I don?t much like the option ARM because of its complexity and hidden booby traps. However, ... more...

How Do You Shop For a HELOC?
October 20, 2003 "Do I shop for a HELOC in the same way as I would shop for another mortgage?" No, shopping for a HELOC is very different from shopping for a standard mortgage. In most respects, it is simpler, if you know what you are doing. A HELOC is a line of credit ... more...

codi loan related definitions

Negative Amortization
Negative Amortization Negative amortization, also known as Neg Amortization, NegAm, NegAmMort, occurs when borrower pays back less than the full amount of interest owed to the lender each month. The difference betweeen full interest and paid amount is added to the total amount ... more...

Bridge Loan
Bridge Loan A bridge loan is a short-term loan, usually a second mortgage, run for 6 month but may be taken taken out for a period of 2 weeks to 3 years. The borrower's current home (which is usually "for sale") is ... more...

More about codi loan

Get Free codi loan 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...

Do You Qualify For The FHA Home Loan?
The FHA Home Loan is a home loan program established by the federal government in order to assist more families in being able to achieve the American dream of owning your own home. The FHA home loan is specifically designed for the first time home buyer but can also be accessed by any other home ... more...

Refinancing Your Auto Loan
Refinancing your loan is one of the best kept secrets around for saving you money, but most people never think of it. Whether refinancing your home or car the process is the same. When refinancing car loans, you pay off your current car loan with a refinancing car loan from a different lender that ... more...

How Refinancing Works
Refinancing has become an increasingly popular method of loan management in the past several years, but there are still a lot of people who aren't exactly sure what it means to refinance a loan or how refinancing works.Though refinancing can be handled in different ways depending upon the lender ... more...

Student Loan Consolidation - Is It Right For You?
You can benefit from student loan consolidation, but there are things you should consider. Its a good idea to start looking into how you can consolidate your student loans before the 6 month grace period ends. Big monthly student loan payments can be very stressful when starting a new job. When the ... more...

Option One Mortgage Loans - Getting an Option ARM or Option One Mortgage Loan
Have you heard about or been interested in finding out more about option one mortgage loans? They are becoming very popular, but its important to understand how they work before you apply for one. I will describe, in this article, an overview of the most common type of option ARM mortgage loan or ... more...

Option One Mortgage Loans Getting an Option ARM or Option One Mortgage Loan
Have you heard about or been interested in finding out more about option one mortgage loans? They are becoming very popular, but its important to understand how they work before you apply for one. I will describe, in this article, an overview of the most common type of option ARM mortgage loan or ... more...

What Is A Personal Loan?
Personal loans can be divided into two categories: secured personal loans and unsecured personal loans. Homeowners can apply for a Secured personal loan (using their property as security), whereas tenants only have the option of an unsecured personal loan. Below is a more detailed outline of both ... more...

Guide to Loan Terms
Listed below is a guide to loan terms. It is a useful list of definitions of loan terms that may or may not be familiar to you. Keep it nearby as you will never know when you might need it for quick reference.AccrueProcess in which interest accumulates on a borrower's loan.AmortizationA repayment ... more...

What is the Difference Between an Unsecured Personal Loan and a Secured Personal Loan?
This is a common question that many consumers have. Many people do not realize that there are even different types of personal loans. Each type of personal loan, secured and unsecured, have different requirements.We will look at the requirements for a secured personal loan first. The name secured ... more...

SBA Loan: Options, Benefits, and Lenders Part 2 of 2
In this second installment, we will further examine what kinds of SBA loan options are available, and for what kinds of businesses they are most advantageous. We will also discuss the different types of SBA lenders.There are several different lending programs for those who qualify for an SBA loan. ... more...

Return to previous page   More articles on codi loan
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