Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator
Mortgage Professor about power loan: 
Mortgage Payment Flexibility Under "Payment Power"
6 September 2004 "I?m surprised that you have never written about Fannie Mae?s new Payment Power program. It allows borrowers to skip payments, an option you have said was badly needed." On many occasions, I have indeed lamented the lack of payment flexibility in ... more...

Fixing the Mortgage System So It Works For Borrowers
September 5, 2005 In some respects, the United States housing finance system is the best in the world. In other respects, it is unworthy of a banana republic. Our housing finance system has a primary market and a secondary market. The primary market is the market the borrower ... more...

power loan related definitions

Acceleration Clause
Acceleration Clause A loan provision giving the lender the power to declare all sums owing lender immediately due and payable upon the violation of a specific loan provision, such as the sale of the property, or the failure to make loan ... more...

Section 8 Homeownership Program
Section 8 Homeownership Program - American Dream Commitment Fannie-Mae and Freddie-Mac expand their underwriting requirements necessary for Freddie Mac to purchase mortgages originated under the Section 8 Homeownership Program, and pledge funds in form of Section 8 vouchers, also ... more...

More about power loan

Get Free power loan Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Top 5 Methods to Manage Your Home Equity
As your home appreciates in value, you gain equity. You can look at this equity, as a portion of the value of your home, which becomes an asset that is not burdened by debt. Therefore, this is a critical financial vehicle that cannot be ignored.Let me say it another way. For most of us, your ... more...

When Does it Pay-Off to Obtain a Home Mortgage?
If you are in dire need of money and don't have the financial means for a large cash transaction to buy a house, then opting for a home mortgage is worth consideration.Basically, a mortgage refers to a long-standing credit that a debtor obtains from a financial institution or from a property seller ... more...

Is Debt Negotiation Bad?
Educating yourself about the ins and outs of debt negotiation is a good first step. Please note that the term debt negotiation is also known as debt arbitration or debt settlement.For starters, a lender has little motivation to arbitrate anything less than the full amount unless the person is two ... more...

When and How Does it Pay-Off to Obtain a Home Mortgage?
f you are in dire need of money and don't have the financial means for a large cash transaction to buy a house, then opting for a home mortgage is worth consideration.Basically, a mortgage refers to a long-standing credit that a debtor obtains from a financial institution or from a property seller ... more...

Corporate Loans - Funding Industrial Growth
If individuals thought that they were the only ones who had the use for loans, then corporate loans will show them that they are incorrect. The corporates, who are deemed to have a large surplus of cash, too find themselves at the mercy of the loan providers (though not in the strictest sense of ... more...

Understanding Freebies
It seems that everyone is after "freebies" these days to save a little money. While this may appear to be a good way to save, understanding why freebies are offered and the different types of freebies that are available is essential to make sure you aren't spending more that you thought. "Spending ... more...

Increasing Money by Conquering Personal Fear and Greed
One of the first lessons that "Rich Dad, Poor Dad" teaches is about understanding and controlling fear and greed. Many people go to work and work hard not to learn more and to grow, but out of fear that they wont have enough money to pay their bills. So early in their lives they form the pattern of ... more...

How To Save Hundreds A Month On Your Mortgage
When it comes to American spending habits, the sad truth is that most people don't put their financial assets to the best use. One of the greatest examples of this is the home mortgage. Surprisingly, most people fail to educate themselves about the dangers and the pitfalls of not shopping for the ... more...

Real Estate Investing with Bad Credit!
By being creative, you can play the game of real estate investing by using what is called Option's investing.This is just one technique of the Option's strategy of investing but can be a power tool in your investors toolbox to help you control more real estate and build wealth.An option is an ... more...

Mortgage Financing: Beware of Predatory Lenders
In November 2005, Montgomery County, Maryland's county council enacted legislation to expand the categories of discriminatory lending activities associated with discriminatory housing practices and increased the maximum fine for such activities from $5,000 to $500,000. The council sited practices ... more...

Return to previous page   More articles on power loan
Shop For Your Mortgage Now!
Shop For Your Mortgage Now!

You'll be re-directed to Top-Lenders.com

Want to Know Your Rate?
Get Customized Mortgage Quote Instantly

Mortgage Indexes Info
30 Yr Fixed Rate
15 Yr Fixed Rate
5/1, 3/1 ARM
CODI
COSI
12 MTA
COFI 11th District, Federal
12 Month LIBOR (USD)
1 Year CMT
Market Indexes Info
WSJ Prime Rate
FNMA
Federal Funds
30 Year Treasury

 

ExplainingMortgages © 2005 - 2009