Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about first time home buyer: | |||||||||||||||||||||||
Can a Mortgage Lender Profit From Foreclosure?
December 7, 1998, Revised January 30, 2004 "I have lost my home! The second mortgage lender foreclosed after buying the first mortgage, which was current under a forbearance agreement. The first mortgage lender informed ... more... What Is the "Price" of a Mortgage? December 4, 2000 "I?m a first-time home buyer shopping for my first mortgage and find myself confused about what I?m shopping for. I understand interest rates (I think), but I also hear about fully-indexed interest rates, points, rebates, origination fees, junk fees ... more... |
|||||||||||||||||||||||
first time home buyer related definitions |
|||||||||||||||||||||||
FHA Mortgage Insurance
FHA Mortgage Insurance It is insurance from FHA to the lender against incurring a loss on account of the borrower's default. Paid if FHA loan LTV is higher than 80%. Also known as MIP - Mortage Insurance Premium. By insuring the loan the Federal Government agrees to repay ... more... MIP, Mortgage Insurance Premium MIP, Mortgage Insurance Premium It is insurance from FHA to the lender against incurring a loss on account of the borrower's default. Paid if FHA loan LTV is higher than 80%. Also known as FHA Mortgage Insurance. By insuring the loan the Federal Government agrees to repay ... more... |
|||||||||||||||||||||||
More about first time home buyer Home Mortgage and Financing Terms The Truth About Shopping for Mortgage Rates First Time Buyer Mortgages Transforming Homeless into Property Owners 10 Easy but Essential Steps for Home Selling Success Negotiating the Sale of Your Home Building Wealth: Don't Waste Your Money on Real Estate Investment Schemes Mortgage - Provides you the Best Deal Against Your Home First Time Home Buyer Loans - Home Buying Advice for First Timers Zero Down Mortgage Loans - First Time Home Buyer Loan Programs Questions You Always Wanted To Ask A Master Builder But Never Had The Chance
|
|
||||||||||||||||||||||
|