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Mortgage Professor about internet refinancing: | |||||||||||||||||||||||
Is This Mortgage Lender Reputable?
August 19, 2002 "I have been solicited over the phone for refinancing by a company called?, claiming to be a direct lender insured by Fannie Mae. I do not find them on your list. The rates they quoted me were very attractive. How do I go about finding out if I am dealing ... more... Are Mortgage Referral Sites on the Internet Useful? Column Delivered February 4, 2002 "I like the idea of shopping for a mortgage on the internet, and the ?referral sites? you mentioned in a recent column seem like a good first step. Are they?" To answer your question, I recently took a hard looks at six sites that ... more... |
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internet refinancing related definitions |
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Mortgage Broker
Mortgage Broker An individual in the business of assisting in arranging funding or negotiating contracts for a client buy who does not loan the money himself. Brokers usually charge a fee or receive a commission for their ... more... Recision Recision The cancellation of a contract. With respect to mortgage refinancing, the law that gives the homeowner three days to cancel a contract in some cases once it is signed if the transaction uses equity in the home as security. ... more... |
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