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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... |
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first time home buyer related definitions |
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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... |
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More about first time home buyer Negotiating the Purchase of Your Home Moving On: Powerful Tips For Selling Your Home How to Send Your Child to College For Free Buying a Home with Bad Credit Own a Piece of the American Dream Making Your Realtor Web Site Pay for Itself Selling Your Home Yourself Pricing It Appropriately First Time Buyer Home Loans - Things To Consider When Applying Online First Time Home Buyer Loans - How to Apply for a Mortgage Loan How To Spot A Good Buy No Down Payment Mortgage Loan - Ways to Buy a Home with Zero Down
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