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Mortgage Professor about lump sum: | |||||||||||||||||||||||
Which Reverse Mortgage Plan Do I Choose?
April 8, 2003 ?I am 79. The counselor I saw in connection with my reverse mortgage told me that Fannie Mae?s Home Keeper product would provide me with more money than FHA?s Home Equity Conversion Mortgage, but that Home Keeper would cost me more. The decision was mine ... more... Mortgage Prepayment as Investment: Another Look November 3, 2003 "Should not your analysis of when mortgage repayment is a good investment distinguish between two different sets of circumstances? One is where you pay off the mortgage in one fell swoop by liquidating assets. The other is where you allocate surplus ... more... |
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lump sum related definitions |
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Home Equity Loan
Home Equity Loan A home equity loan is borrowing against the equity you have acquired in your home. Lets suppose your original mortgage was $175,000.00, but your house is worth $225,000.00. The difference is $50,000.00. ... more... Second Mortgage, Home Equity Loan Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more... |
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More about lump sum Stock Market, Bonds, Deposit Account, Cash, Equities, Unit Trusts - Few, Just Few of the Ways of Sav Endowment Shortfall - Are You Missing Out On Compensation? Unstructured Settlement Debt Relief? Is There Any Hope? Lesser Known Facts About Home Equity Loans Best Refinance Mortgage Rates - Ways to Qualify for a Low Refi Rate Home Equity Lenders - Finding a Good Home Equity Lender Online Debt Consolidation - Consolidate Your Loans Through A Home Equity Loan Plan to Get Out of Debt? Reverse Mortgages More Favorable in '06
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