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Mortgage Professor about second home rate: | |||||||||||||||||||||||
HUD's Proposals For Reform
October 19, 2002 On July 29, 2002, HUD released a set of proposals to substantially change the ways in which home loans are originated in the US. As usual, the proposals were open for comment, and many thousands of them were received. Mine was among them, and is shown ... more... Cash-out Mortgage Refinance or Home Equity Loan? Column Delivered August 21, 2000, Revised September 6, 2002 ?I need $50,000 to remodel my house. Is it better to refinance my existing mortgage (with a balance about $140,000) into a new $190,000 mortgage, or should I borrow the extra $50,000 with a home equity loan.? ... more... |
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second home rate related definitions |
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Shared Appreciation Mortgage, SAMt
Shared Appreciation Mortgage, SAM A mortgage in which a borrower receives a below-market interest rate in return for which the lender (or another investor such as a family member or other partner) receives a portion of the future appreciation in the value of the property. May also ... more... Vacation Home Vacation Home Vacation home is a seasonally occupied property that is not the primary residence of the owner. Such residences are usually found in areas with substantial opportunities for recreation or tourist activity. Vacation Home As Investment When market is ... more... |
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More about second home rate Decision Time: Home Equity Loan or Home Equity Line of Credit? Home Equity Loans - How To Use Your Home's Equity to Consolidate Debt Understanding Credit Card Debt Consolidation Mortgages for Dummies What is the Difference Between an Unsecured Personal Loan and a Secured Personal Loan? Construction Loans - Good as an Interim Measure of Financing Construction Activity What You Should Know About Home Equity Loans Secured Debt Consolidation Loans - How To Get Approved 30 Year vs. 15 Year Mortgages Home Equity Loans Online - Types Of Home Equity Loans
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