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Mortgage Professor about home loan products: | |||||||||||||||||||||||
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... Financing Home Improvements July 21, 2000, Revised March 22, 2004 "I want to make major renovations to my home. I know they will substantially enhance its value. What is the best way to get the financing I need?" Tap your ... more... |
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home loan products related definitions |
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Second Mortgage, Home Equity Loan
Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more... Home Equity Loan Home Equity Loan A home equity loan is borrowing against the equity you have acquired in your home. Lets suppose your original mortgage was $175,000.00, but your house is worth $225,000.00. The difference is $50,000.00. ... more... |
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More about home loan products Your Dream of a Home Can Now Come True! 7 Steps to Prepare You for The Local Search Bonanza Loans - Good or Bad Debt? To Find The Right Loan You Must First Find The Right Lender Remodel the House of Your Dreams Home Equity Loan Considerations Inside Insurance Protection Priorities Some Things To Remember While Buying A House For The First Time How do I know what is the best Second Mortgage Home Loan for me? How To Quickly Make Money With Your Website?
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