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Mortgage Professor about consolidate debt: | |||||||||||||||||||||||
Pros and Cons of Debt Consolidation
May 6, 2002 "I have two mortgages plus a lot of short-term debt with high interest rates. Because my house has appreciated substantially in recent years, I?m sure I can save money by consolidating the short-term debt into one of my mortgages, but which one?" I ... more... Consolidating Debt With a New Purchase Mortgage November 22, 2004 Some home buyers try to kill two birds with one stone by consolidating their debts in the new purchase mortgage. Usually this is not a good idea, as in the case illustrated below. "I have $30,000 in cash for a down payment on the $300,000 house ... more... |
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consolidate debt related definitions |
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Debt To Income Ratio
Debt To Income Ratio The ratio, expressed as a percentage, which results when a borrower's monthly payment obligation on long-term debts is divided by his or her gross monthly income. Equal Credit Act Debt ... more... Deed of Trust Deed Of Trust In many states, this document is used in place of a mortgage to secure the payment of a note. Used in many states in lieu of a mortgage to secure the payment of a note. In a deed of trust there are three ... more... |
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More about consolidate debt Important Do-It-Yourself Debt Consolidation Facts You Should Know Deciding to Consolidate Debt? Consolidate Student Loan Debt: A Student Loan Debtor's Perfect Solution Eliminate Your Credit Card Debt, But How? Consider Debt Consolidation to Improve your Bad Credit What Your Mama Never Told You About Debt Consolidation Services Student Loan Debt Consolidation The Basics When NOT to Get a Debt Consolidation Loan Bill Consolidation Company The Best Time to Consolidate Debts Consolidate Credit Card Debt
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