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Mortgage Professor about first home: | |||||||||||||||||||||||
Second Mortgage Versus Home Equity Loan
June 9, 2003, revised August 30, 2003 "What are the differences between a second mortgage and a home equity loan?" The terminology is confusing. A second mortgage is any loan that involves a second lien on the property. Some second mortgages are for a fixed dollar ... more... HUD's Proposals For Reform October 19, 2002 On July 29, 2002, HUD released a set of proposals to substantially change the ways in which home loans are originated in the US. As usual, the proposals were open for comment, and many thousands of them were received. Mine was among them, and is shown ... more... |
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first home related definitions |
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American Dream Downpayment Initiative
American Dream Downpayment Initiative The American Dream Downpayment Initiative (ADDI) aims to increase the homeownership rate, especially among lower income and minority households. ADDI help first-time homebuyers with downpayment and closing costs. The program assists low-income ... more... Buy-Down Buy-Down When the lender and/or the home builder subsidized the mortgage by lowering the interest rate during the first few years of the loan. While the payments are initially low, they will increase when the subsidy expires. ... more... |
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More about first home The Truth About Shopping for Mortgage Rates Zero Down Mortgage Loans - First Time Home Buyer Loan Programs Buy or Sell First? Mortgage Terminology for the First Time Home Buyer How I Became a Real Estate Investor First Time Home Buyer Loans Made Easy 11 Steps Away From Buying a Home Mortgage Info You Can Actually Understand! Bad Credit? First Time Buyer? You Can Still Get Approved For A Home Mortgage Loan Some Things To Remember While Buying A House For The First Time
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