![]() ![]() ![]() ![]() ![]() ![]() |
||
Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Mortgage Professor about how invest: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Invest In Mortgage Points or Larger Down Payment?
January 10, 2000 "I have enough cash to increase my down payment from 5% to 10%, or to pay up to 5 points, but not both? Which is better?" Most borrowers are aware that they can reduce or eliminate private mortgage ... more... Can I Live Off My House? November 19, 2001 "I am a recently-widowed 54-yar old with a house worth $1.1 million, a high-rate mortgage of $450,000, but not much income. I can only afford to pay $2,000 a month on principal and interest, plus taxes and insurance. I am prepared to use up my equity ... more... |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
how invest related definitions |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Owner Occupied Property
Owner Occupied Property A borrower uses the property as a primary residence. An Owner Occupied loan is secured by property, typically with the borrower renting and occupying the space. If more than one unit, the lease payments may directly support principal and interest ... more... Credit Score Credit Score A single numerical score, based on an individual's credit history, that measures that individual's credit worthiness. Credit scores are as good as the algorithm used to derive them. The most widely used credit score is called ... more... |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
More about how invest Should You Get an Interest-only Home Mortgage? Should I Invest in Real Estate While Running an Internet Business? 5 Steps To Choose the Best Cincinnati Realtor The Residential Real Estate Buying Process in Austin Texas The 20 Minute Rule Finding a Memphis Mortgage Realities of Real Estate Investing Best Buy to Let Mortgages An Investment Real Estate Strategy Unknown To Most Is A Negative Amortization Loan Mortgage Leads, Where to Begin
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|