Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about joint ownership loan: | |||||||||||||||||||||||
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... Are Mortgage Assumptions a Good Deal? November 17, 2003, Revised December 20, 2005 ?I have been offered a deal where I take over the home seller?s mortgage. What are the pros and cons of doing this?? Benefit of Mortgage Assumptions to Buyers When a homebuyer assumes responsibility for a home seller?s ... more... |
|||||||||||||||||||||||
joint ownership loan related definitions |
|||||||||||||||||||||||
Joint Tenancy
Joint Tenancy Ownership of a property by 2 or more people, each of whom has an undivided interest with the right of survivorship. Example : Two people own a house in joint tenancy. Each owns half of the entire (undivided) property. If one dies, survivor will own the entire ... more... Reverse Mortgage Reverse Mortgage, Reverse Annuity Mortgage, RAM A form of mortgage in which the lender makes periodic payments to the borrower using the borrower's equity in the home. A mortgage used by the elderly that provides income as a way of converting their home equity into a ... more... |
|||||||||||||||||||||||
More about joint ownership loan Guide to Secured Personal Loans Student Loan Consolidation: The Good, Bad, and the Ugly How to Find a Good Online Homeowner Loan Giving Finances a Breather Through Loans for Unemployed Is A Federal Student Loan Consolidation An Option For You? What is a Title Loan? An Overview of a Personal Loan UK 10 Questions To Ask Your Mortgage Rep or Banke Enlisting the Support of Home Improvement Loans to Create a New Look for Your Home How to Find a Direct Homeowner Loan
|
|
||||||||||||||||||||||
|