Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about self employed loans: | |||||||||||||||||||||||
Difficult For Self-Employed to Qualify For a Mortgage?
January 4, 1999 "I am self-employed and want to purchase a house. When I went to a mortgage broker for a loan, he wouldn't give me the time of day! I can't believe that the system doesn't work for people like me." It does work for people like you, but it is ... more... What Are Mortgage Documentation Requirements? 5 October 2005 What Does Mortgage Documentation Consist Of? A lender?s "documentation requirements" stipulate a) the information about income, assets and employment that must be provided; b) whether and how this information will be used by the lender; and c) ... more... |
|||||||||||||||||||||||
self employed loans related definitions |
|||||||||||||||||||||||
Secondary Mortgage Market
Secondary Mortgage Market The place where primary mortgage lenders sell the mortgages to investors like Fannie Mae or Freddie Mac in order to obtain more funds for originating more new loans. Secondary mortgage market provides liquidity for the lenders. Government-sponsored ... more... Negative Amortization Negative Amortization Negative amortization, also known as Neg Amortization, NegAm, NegAmMort, occurs when borrower pays back less than the full amount of interest owed to the lender each month. The difference betweeen full interest and paid amount is added to the total amount ... more... |
|||||||||||||||||||||||
More about self employed loans Stated Income Mortgage Loan - Get Approved Online Small Businesses - Big Obstacles How to Complete a Mortgage Application Glossary of Common Terms Used During the Mortgage Process Mortgage Refinance After Bankruptcy! Bad Credit Home Financing Mortgages for Less than Perfect Credit Why Choose a Bridging Loan? Flexible Mortgage Guide Tips For First Home Buyers On Getting Home Loans Cash Advance Loans Online - A Great Way to Make it Until Your Next Pay Day
|
|
||||||||||||||||||||||
|