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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 Debt Consolidation Mortgage Loans - Using Home Loans to Reduce Debt Greed Can Cost You Your Shirt! Drowning in Debt? Tips and Tricks for Getting Out of Hot Water with Creditors Secured Debt Consolidation Loan - The Undeniable Exit How to Find a Cheap Debt Consolidation Loan Debt Reduction Solution - Play it Safe Debt Management Through Consolidation Loans & Consolidation Organisations Consumer Credit Debt Consolidation - What are Your Options? Debt Consolidation Consolidate Your Student Loans Now! Debt and Bill Consolidation - Signs You Need To Consolidate Your Debt
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