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Mortgage Professor about paying your mortgage early: | |||||||||||||||||||||||
Do Some Prepayment Methods Work Faster?
April 9, 1999 " A mortgage broker told me that you could pay off a loan faster by paying, in advance, designated- specific-future principal payments. He said that this was an even more financially beneficial method than making ... more... 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... |
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paying your mortgage early related definitions |
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Mortgage Broker
Mortgage Broker An individual in the business of assisting in arranging funding or negotiating contracts for a client buy who does not loan the money himself. Brokers usually charge a fee or receive a commission for their ... more... Equal Credit Oportunity Act Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more... |
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More about paying your mortgage early Glossary of Common Terms Used During the Mortgage Process Types of Mortgages Interest Only Loans Little Known Secret: Eliminate your Mortgage in 23 years or less! A Singles Game of Real Estate Mortgage Free In 15 Years! What's The Truth Behind Your Finances? Before You Start Investing Should You Pay Off Your Mortgage Early? How to Buy a Home When Your in Your Twenties
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