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Settlement Costs Included in Annual Percentage Rate
July 11, 2002, Revised December 4, 2004 In principle, the APR should include all settlement costs that would not arise in an all-cash transaction.  Unfortunately, the current definition violates this rule in a number of instances, with no rhyme or reason.  The columns below ... more...

Stated Income Loans: Lie to Get a Better Rate?
June 20, 2005 Stated income loans are also called ?liars loans?, because in some cases, the rules virtually invite the borrower to lie. The case below is a great illustration. ?My husband makes $7,000 a month but has a credit score of 503. I make $1250 and have a score ... more...

joint tenancy 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...

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Get Free joint tenancy 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...

6 Ways to Generate 100 Free Mortgage Leads in 20 Days
Could you use some free mortgage leads? If youre new to the mortgage business or a veteran loan officer who is a little short on cash, youll be happy to know there are several ways to generate free mortgage leads.Thats right. Even if youre dead broke, you can still generate good, quality, ... more...

Right to Buy in Scotland How Long Will You Have the Right For?
If you live in Scotland and are thinking about buying your council house or flat it might be worth looking into it now. Recent changes in legislation are limiting the opportunities of those wishing to buy their home and rumours predict that the Right to Buy scheme could be abolished in the very ... more...

The Wealth Effect and Real Estate: the Pro's and Con's
Consumerism these days in both the United States and Canada is at its peak in light of the buoyant real estate market. Consumerism is a side-effect of capitalism - the good capitalism as Adam Smith might have called it. Consumerism is that particular economic niche where you find wealthy consumers ... more...

Parenting After Divorce
Once you have finished gathering all your divorce information, sought all the divorce advice that was out there, found divorce help by hiring an attorney and financial planner after you have learned everything there is to know about how to get a divorce there is one decision that has no fast, ... more...

Memory Cards Complete Guide
Ever wondered what are these tiny chips? Confused by the names? We are here to help you.This article is about the various memory components available in the market for mobile phones. Memory StickMS Memory Stick is a removable flash memory card format, launched by Sony in October 1998, and is also ... more...

Love, Marriage and Money
The f-word. Finances. Combining love and money may be the biggest stumbling block on the path of true love, creating more rifts in relationships than in-laws, drug and alcohol addiction, or infidelity.Financial power struggles challenge even the most solid partnership. Unfortunately, money too ... more...

Fixed Term Life Insurance Explained
The importance of having adequate life cover should never be underestimated and the solution may be in taking out fixed term life insurance cover.But first of all, why is life insurance so important? Sadly, many people see it as an unnecessary expense, thinking that once they die, why will they ... more...

What is Life Insurance?
Life Insurance is an insurance policy that provides an agreed amount of cover over an agreed term, so that should you die during the policy term, a lump sum is paid out. Life insurance is considered as the cornerstone of financial planning. It is a cost effective way to provide for your family ... more...

How to Understand Credit Report
Now that you have obtained your credit report, the first thing you need to do is read through it and understand what it all means. Don't feel bad if you don't understand what the credit report is saying to you. Most credit reports are coded because it allows shorter time for the computer to ... more...

Seniors Can Use a Reverse Mortgage to Fund Annuities, Investments, and Insurance Policies
For many seniors in or entering retirement, the prospect of purchasing long-term care, investments or annuities can be cut short by a lack of retirement income. Statistics show that 3 out 4 seniors will have to lower their current standard of living during retirement. Social Security, IRA's, 401k's ... more...

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