Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about no money down home mortgage: | |||||||||||||||||||||||
Lies Mortgage Shoppers Hear
December 2, 2002, Revised July 16, 2004 "I am about to shop the market for the mortgage I need to finance my home purchase. Is there a danger that people won?t tell me the truth? Any lies I should look out for in particular ... more... Piggyback Loans: Two Mortgages Cost Less Than One? August 7, 2000 ?I can?t afford to put 20% down. My broker says it will cost less to take out a combination first and second mortgage, where the second would provide another 10% down, than to put 10% down on a first mortgage and ... more... |
|||||||||||||||||||||||
no money down home mortgage related definitions |
|||||||||||||||||||||||
FHA Mortgage Insurance
FHA Mortgage Insurance It is insurance from FHA to the lender against incurring a loss on account of the borrower's default. Paid if FHA loan LTV is higher than 80%. Also known as MIP - Mortage Insurance Premium. By insuring the loan the Federal Government agrees to repay ... more... MIP, Mortgage Insurance Premium MIP, Mortgage Insurance Premium It is insurance from FHA to the lender against incurring a loss on account of the borrower's default. Paid if FHA loan LTV is higher than 80%. Also known as FHA Mortgage Insurance. By insuring the loan the Federal Government agrees to repay ... more... |
|||||||||||||||||||||||
More about no money down home mortgage Foreclosure Home Deals 100% Mortgage Financing - Understanding Zero Down Mortgages Home Mortgage Loans For People With Bad Credit - 3 Ways To Improve Your Chances For Getting Approved High Risk Mortgage Lenders - Poor Credit? No Problem Debt Relief From Debt Consolidation Choosing The Right Mortgage For You 100% Home Mortgage Refinance Choose a Lender Online Home Equity Line of Credit Pro and Cons Mortgage Protection Easing Your Biggest Concerns Do You Need to Have Mortgage Insurance?
|
|
||||||||||||||||||||||
|