Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about ranch home addition: | |||||||||||||||||||||||
Avoiding Taxes on a Gift of Equity
December 20, 1999, Revised April 16, 2003, Revised July 16, 2004 "My parents are willing to sell me their home, which is worth $200,000, for only $150,000... Can I arrange the sale in a way that will allow me to avoid mortgage insurance?" In addition to ... more... How Much House Can You Afford? December 10, 1999 Borrowers often begin their home search with only the foggiest idea about how much they can afford to pay, which can result in wasted time and frustration. They should know approximately how much they can afford ... more... |
|||||||||||||||||||||||
ranch home addition 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 ranch home addition Getting a Home Inspection Seven Steps for a New Home Loan Purchase Home Loans- a Fillip to Your Desire to Rise on Property Ladder Guide to Home Equity Loans How House Plans Work Home Business Success In 21 Steps Home Loans Use For Maximum Benefit How to Get Cheap Home Loans with a Bad Credit A Singles Game of Real Estate Decision Time: Home Equity Loan or Home Equity Line of Credit?
|
|
||||||||||||||||||||||
|