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How Does Negative Amortization on a Mortgage Work?
September 15, 1998 Negative Amortization and Related Concepts Ordinarily, the mortgage payment you make to the lender has two parts: interest due the lender for the month, and amortization of principal. Amortization means ... more...

Tutorial on Selecting Mortgage Features
Planning to shop for a mortgage on-line? You need to answer the following questions first, so you know exactly what you are shopping for.      1. What Type of Mortgage Should I Select? 2. Which Mortgage Options Should I Select? 3. How Long a Term Should I Take? 4. ... more...

interest only loan related definitions

VA Loan
VA Loan A VA loan is a mortgage loan in the United States guaranteed by the US Veterans Administration. The loan may be issued by qualified lenders. Available only to veterans possessing a Certificate of Eligibility. Purchasing a home with a VA Loan is not as difficult as ... more...

Improvements
Improvements Home improvement is the process of renovating or making additions to one's home. Often, a professional handyman is hired to perform the improvements but, typically, most improvements are done on an amateur basis by the homeowner. Home improvement comes in many ... more...

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Get Free interest only loan Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Auto Refinancing and Car Loan Guide
This comprehensive car refinancing guide will help you find the best auto refinance package for you. Included are the important steps needed to take to understand car loan refinancing and what you should know if they are considering refinancing your car loan. This site was designed to help with ... more...

Home Buyer Beware Know the Signs of Real Estate Market Trouble
Lots of articles have appeared recently about the booming real estate market in the United States. Home prices, especially on the East and West coasts, are not only at record levels, but are increasing at record rates. In some areas around Washington, D.C. and San Francisco, home prices have ... more...

What Are Debt Management Solutions?
If you're like most consumers and are fighting the mounting bills that come your way each and every month there is a good chance that a debt management solution might be right for you. There are many debt relief and management solutions available to choose from with most easy to follow and ... more...

What is an Interest Only Mortgage?
An Interest Only Mortgage is one where the repayments are made up entirely of the interest on the loan. When the mortgage term is complete, the capital originally borrowed is still outstanding.To cover the balance, borrowers are advised to make regular contributions into an investment policy ... more...

Guide to Mortgages
A mortgage is a loan that is guaranteed by a property. At its most simple that means, if you can't pay back your loan the lender can force you to sell your home so they can get their money back.Typically you can borrow three to three and a half times your income, or two and a half to three times ... more...

How To Get A Credit Card No Matter How Bad Your Credit Rating
Your credit is bad. Perhaps you have a string of unpaid bills haunting your past. Maybe you declared bankruptcy within the past 10 years, or defaulted on a student loan.All of the above can block your access to obtaining a major credit card, such as VISA or Mastercard.But bad credit is not the ... more...

What is an Interest Only Mortgage?
An Interest Only Mortgage is one where the repayments are made up entirely of the interest on the loan. When the mortgage term is complete, the capital originally borrowed is still outstanding.To cover the balance, borrowers are advised to make regular contributions into an investment policy ... more...

Bridging Finance Basics
Bridging finance is a short-term loan that is used as a way to provide funding for the purchase of a new property while the borrower awaits the sale of an existing property. Unless all the stars are in perfect alignment, its tricky to coordinate the sale of one property and the purchase of another ... more...

Fixed-To-Adjustable-Rate-Mortgage
What is a Fixed-To-Adjustable Rate Mortgage?This type of mortgage offers fixed payments for an initial loan period of up to10 years then followed by an adjustable interest rate for the remaining term of your mortgage. Payments are usually lower than most fixed rate mortgages.Why should you ... more...

Bad Credit? First Time Buyer? You Can Still Get Approved For A Home Mortgage Loan
Do you have bad credit that you worry will stop you from being able to apply for a home mortgage loan? Have you given up on the dream of being a home owner? Well dont. Take comfort in the fact that there are special home mortgage loans that you can apply for, that will make sure your dreams of ... more...

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