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Mortgage Professor about fannie mae refinance: | |||||||||||||||||||||||
Who Gets the Lowest Mortgage Price?
May 16, 2005 "Is there an optimum combination of loan features that usually commands the best prices, year in and year out, over a variety of products?" Yes, the following combination of borrower, property and transaction features commands the lowest price. ... more... Why Won't My Mortgage Refinance Go Through? May 19, 2003 "I filled out all the forms to refinance my loan, paid the $350 lock-in fee, provided all the documents they asked for...But it is now 4 months and still it hasn't closed...Periodically I call the person in charge of my refinancing, and he says he will get back ... more... |
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fannie mae refinance related definitions |
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Non Conforming Loan
Non Conforming Loan A loan that does not meet the Fannie Mae or Freddie Mac underwriting guidelines. This is also known as a portfolio mortgage. The loan can't be sold on the secondary market so it must keep it and service it in its own portfolio. Non-conforming loans have ... more... Refinance Refinance Refinancing refers to applying for a mortgage loan intended to replace an existing loan secured by the property. Homeowners usually consider refinancing for the purpose of getting a better interest rate, loan term, or to draw cash from the equity. ... more... |
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More about fannie mae refinance Fannie Mae and Freddie Mac Mortgage Loans - Conforming Loans Provide Low Interest Rates How and Why to Refinance Your Mortgage Refinance Home Loans with Bad Credit Knowing When to Refinance Who Else is Ready to have Their Money Work Harder for Them? Refinancing Online - Get The Best Refinance Home Loan You Can Get Refinance Your House Save Thousands on Your Home by Utilizing California Refinance Building Wealth When Refinancing Your Home Loan Home Refinance: Why You Want to Refinance Your Mortgage Is A Debt Consolidation Refinance Good?
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