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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 Want To Consolidate Credit Card Debt? Consolidate and Live Debt Free Avoid the Trap When You Consolidate Debt, Part III Debt Consolidation - Is It Really The Best Option For You? Debt and Bill Consolidation - When Should You Consolidate Debt? Debt and Bill Consolidation When Should You Consolidate Debt? Credit Card Debt Consolidation What Options Are Available? Consolidate Your Credit Card Debt Bad Credit Debt Consolidation Loans Debt Consolidation Don'ts You Should Know About
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