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Mortgage Professor about home mortgage: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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... Upfront Mortgage Brokers Listed by State IMPORTANT NOTICE: BEFORE CONTACTING BROKERS LISTED BELOW, READ "HOW TO DEAL WITH A UMB" Upfront Mortgage Brokers as of December 10, 2005 Arizona Resident Brokers Keith Carothers, AZ Mortgage Dr. Fee: Negotiated on a case-by-case basis www.azmortgagedr ... more... |
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home mortgage 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... Reverse Mortgage Reverse Mortgage, Reverse Annuity Mortgage, RAM A form of mortgage in which the lender makes periodic payments to the borrower using the borrower's equity in the home. A mortgage used by the elderly that provides income as a way of converting their home equity into a ... more... |
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More about home mortgage Interest-only Mortgages Have Their Pitfalls Home Loan Interest Rates What Are The Key Features Of Fixed Rate And ARM's? Save Thousands on Your Home by Utilizing California Refinance No Money Down Home Loan How do I know what is the best Second Mortgage Home Loan for me? Accessing Funds You Never Knew You Had- Household Utilities and Mortgage Expense Reduction Plan Refinancing Your Mortgage Can Open Up A Lot Of Options For You And Your Family Understand Mortgage Lender Responsibilities Before Your Application is Accepted The Most Effective Way To Get A First Mortgage Reverse Mortgages and Government Benefits
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