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Mortgage Professor about installment loans: | |||||||||||||||||||||||
Can the First Payment Be Collected Early?
Revised April 30, 1999 " We recently refinanced our first mortgage and a home equity line of credit with the closing on June 17,1998. The mortgage broker said that monthly payments would start on Aug. 1 but the lender demanded a payment on July 1. Upon researching the loan ... more... Pitfalls in the Financing of Home Construction March 22, 1999 " My wife and I are considering having a house built for us and I would like to know the basics of combination construction/permanent mortgages. What do we look out for?" Construction can ... more... |
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installment loans related definitions |
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Secondary Mortgage Market
Secondary Mortgage Market The place where primary mortgage lenders sell the mortgages to investors like Fannie Mae or Freddie Mac in order to obtain more funds for originating more new loans. Secondary mortgage market provides liquidity for the lenders. Government-sponsored ... more... Negative Amortization Negative Amortization Negative amortization, also known as Neg Amortization, NegAm, NegAmMort, occurs when borrower pays back less than the full amount of interest owed to the lender each month. The difference betweeen full interest and paid amount is added to the total amount ... more... |
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More about installment loans Unsecured Loans Substituting Secured Loans Halifax Loans If You Haven't Stumbled on Best Loans Yet Military Loans Serving Financial Need of Those who Serve the Country What Is A FHA Loan? Loans for Doctors Financial Funding for Healthcare Professionals Loans for Doctors - Financial Funding for Healthcare Professionals Secured Personal Loans: Constructive Structuring for Financial Success Parent Loans or Student Loans What is Going to be Best for My Child? Try Unsecured Loans! If The Word 'Secured' Doesnt Fit Your Financial Statement Unsecured Loans: Route to Finance in the Absence of Guarantee
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