Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about only: | |||||||||||||||||||||||
Interest-Only Mortgage Tutorial
Here is what you will learn in this tutorial: 1. What is an interest-only mortgage? 2. For what types of borrowers is it suitable? 3. What are the hazards you should watch out for? 4. What information do you need to assess an IO mortgage? 5. How ... more... Misperceptions About Interest-Only Mortgage Loans NOTE: IF YOU WANT THE CRITICAL FACTS ABOUT INTEREST-ONLY WITHOUT ANY FRILLS, GO TO THE INTEREST-ONLY TUTORIAL. April 8, 2003 I continue to be dumbfounded by the claims about interest-only loans reported to me by mortgage shoppers. Whether the claims originate with loan ... more... |
|||||||||||||||||||||||
only related definitions |
|||||||||||||||||||||||
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... Credit Score Credit Score A single numerical score, based on an individual's credit history, that measures that individual's credit worthiness. Credit scores are as good as the algorithm used to derive them. The most widely used credit score is called ... more... |
|||||||||||||||||||||||
More about only 40-Year Mortgages: An Alternative to Interest-only Loans? Dealing With UK Water Rates Debts: What You Need To Know Stock Market, Bonds, Deposit Account, Cash, Equities, Unit Trusts - Few, Just Few of the Ways of Sav Open the Cash Vault Inside Your Home Interest-only Mortgages Have Their Pitfalls Buying Country Acreage and Rural Properties, To Buy or Not To Buy Understand Car Leasing Payments - The Easy Way Three Financial Facts that Can Set You Free, or Set You Up Top 10 Things NOT To Tell Angel and VC Investors Home Equity Loans in Texas
|
|
||||||||||||||||||||||
|