![]() ![]() ![]() ![]() ![]() ![]() |
||
Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Mortgage Professor about mortgage retirement: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Does 401K Debt Count?
"I have outstanding loans against my 401K retirement plan. Since I owe it to myself, does it count as debt service that is included in the total expense ratio, limiting the mortgage for which I can qualify?" You do owe it to yourself. On the other hand, if you leave or ... more... Should I Purchase the House For All Cash? March 6, 2000 "My wife and I are both in our late 20s and would like to buy a home for $250,000. We have $500,000 in available assets, including cash, stock, and bonds, as well as $100,000 in retirement assets. We have no debt. We can afford to pay cash for the home. Should ... more... |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage retirement related definitions |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Mortgage Baked Securities, MBS
Mortgage Baked Securities, MBS Mortgage-backed securities (MBS) are bond or other financial obligation secured by a pool of mortgage loans. Mortgage loans are purchased from banks, mortgage companies, and other originators and then assembled into pools by purchasing entity. ... more... Mortgage Note Mortgage Note A written negotiable promise (agreement) to pay a sum of money plus interest at a set interest rate. The note is secured by a mortgage. In turn, mortgage is secured by property. Mortgage note states the amount of debt and the rate of interest, and makes the ... more... |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
More about mortgage retirement Small Business Tax Deductions for Year End 2004 Mortgage Refinancing How to Organize Before You Apply Reverse Mortgage: An Investment for Your Future Should You Pay Off Your Mortgage Early? What is Your Creative Retirement Plan? Five Steps Before Filing Divorce A Critical Guide to Home Loans: Your Options and How They Affect Your Future How to Buy Your Own Home Achieving Financial Security in an Unreliable Economy Mortgage Loan - How to Streamline the Application Process
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|