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Mortgage Prepayment Penalties
October 12, 2001, Revised November 17, 2004 What Is a Mortgage Prepayment Penalty? A prepayment penalty is a provision of your contract with the lender that states that in the event you pay off the loan entirely, you will pay a penalty. Penalties are usually expressed as a ... more...

Penalties For Early Payment
October 12, 2001, Revised November 17, 2004 What Is a Mortgage Prepayment Penalty? A prepayment penalty is a provision of your contract with the lender that states that in the event you pay off the loan entirely, you will pay a penalty. Penalties are usually expressed as a ... more...

installment note related definitions

Mortgage Note
Mortgage Note A written negotiable promise (agreement) to pay a sum of money plus interest at a set interest rate. The note is secured by a mortgage. In turn, mortgage is secured by property. Mortgage note states the amount of debt and the rate of interest, and makes the ... more...

Untitled Document
Defereed Interest When a mortgage is written with a monthly payment that is less than required to satisfy the note rate, the unpaid interest is deferred by adding it to the loan balance. See negative ... more...

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Your Life Just OK? It Doesn't Have To Be That Way! Live the Life You Really Want To Live!
I have some questions for you. Are you ready? How would your rate your life on a scale from one to ten; 10 being fantastic and 1 being the worst it could possibly be? Are you happy with the most important aspects of your life? And note that I didnt say are you content or are you satisfied. I ... more...

Property Near Beaches In San Francisco
If you are looking for a good investment, or are simply looking for a way to treat yourself, you might consider buying a property that is located near beaches. The real estate market, although competitive, still has some bargains left for the ambitious investor to find and maximize. One such ... more...

Credit Suicide
Few things influence the home buying process more than your credit. I like how Clark Howard refers to the three credit repositories as, the three screw-ups. There is some validity to that, and hopefully recent legislation will help clean up many of the inaccuracies. Regardless, lenders need a ... more...

Be Prepared to Travel & Enjoy Your Vacation!
Traveling requires advanced planning and these easy to follow travel tips can make any trip more enjoyable. Being prepared can help travelers avoid many frustrating situations. Have a smart plan when flying, plan your packing, and have a home security plan.With todays busy airports and increased ... more...

10 Step Credit Repair Guide
The process of clearing credit can be laborious and frustrating, but your efforts will be paid for in better financing. Your rights are protected by laws, but you need to take reasonable actions toward your goal of clearing credit discrepancies. You can get the credit reporting agencies to help you ... more...

How to Manage Your Credit Card Debt?
A large number of people today, consider credit card as an instrument of processing numerous transactions. But finally the trend of credit card is leading us to accumulate handful of debts. Because whenever anybody possesses this card, they become idle and began to deal with negligence. They began ... more...

Home Equity Loan Information - What Is A Home Equity Line Of Credit?
Did you know that if you have a home that youve been paying on for years, you may have a lot of usable money right under your nose? Whats more, a home equity loan just may be the perfect way to get your hands on that money!Heres how it works. Lets imagine that your home mortgage is for $250,000, ... more...

Buying A Home With No Money Down or Bad Credit - PMI Can Make It Easier
Private mortgage insurance is an excellent method for homebuyers who have trouble saving money, are short on money, or have bad credit, to get into a home now. Private mortgage insurance is provided by a third party to protect the lender in the mortgage contract. This allows you to purchase a ... more...

Contemplating Selling Your Cell Tower Lease For A Lump Sum?
Many landowners who have leased land for a cell tower on their property are receiving letters from third party companies. These letters suggest to the landowner that due to wireless carrier consolidation and due to technology, that the cell tower lease may be terminated early. By selling the ... more...

Planning for Your Financial Future
Two heads are better than one, so sit down with your spouse and plan out your financial future together. Prioritize your bills.By determining which bills to pay in which order, you'll get in the habit of making sure your essentials are always paid first.Be careful using credit. Sometimes a ... more...

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