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Mortgage Professor about mortgage refinance advisor: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Avoiding Mortgage Predators
August 20, 2001 ?I read a lot about predatory lending. How do I avoid becoming a victim?? To educate myself on what makes a victim, I recently studied 51 case histories of households ... more... How Do You Avoid Mortgage Predators? August 20, 2001 ?I read a lot about predatory lending. How do I avoid becoming a victim?? To educate myself on what makes a victim, I recently studied 51 case histories of households ... more... |
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mortgage refinance advisor related definitions |
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Refinance
Refinance Refinancing refers to applying for a mortgage loan intended to replace an existing loan secured by the property. Homeowners usually consider refinancing for the purpose of getting a better interest rate, loan term, or to draw cash from the equity. ... more... Wraparound Mortgage Wraparound Mortgage Mortgage Loan which provides a buyer with the amount of the remaining balance on a seller's mortgage plus an additional amount which is requested by seller as part of the contract of sale. Payments are made to the lender who holds the wraparound loan. ... more... |
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