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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...

Stated Income Loans: Lie to Get a Better Rate?
June 20, 2005 Stated income loans are also called ?liars loans?, because in some cases, the rules virtually invite the borrower to lie. The case below is a great illustration. ?My husband makes $7,000 a month but has a credit score of 503. I make $1250 and have a score ... more...

stated income mortgage related definitions

Mortgage Baked Securities, MBS
Mortgage Baked Securities, MBS Mortgage-backed securities (MBS) are bond or other financial obligation secured by a pool of mortgage loans. Mortgage loans are purchased from banks, mortgage companies, and other originators and then assembled into pools by purchasing entity. ... more...

Reverse Mortgage
Reverse Mortgage, Reverse Annuity Mortgage, RAM A form of mortgage in which the lender makes periodic payments to the borrower using the borrower's equity in the home. A mortgage used by the elderly that provides income as a way of converting their home equity into a ... more...

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Get Free stated income mortgage 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...

Bad Credit Mortgage - Got Bad Credit? Get 100% Financing!
Would you like to purchase a home but think it is impossible because you have low credit scores and very little money saved for a down payment? So you've given up the dream of owning your own home, having to wait until your credit scores improve or until you have saved enough for a substantial ... more...

Mortgage Loan What are No Doc Loans?
No doc mortgages are often referred to as stated income loans. These mortgages allow individuals with good credit and sporadic income to qualify for a mortgage. Here is all you need to know about no doc mortgage loans.No doc loans are intended for homeowners that have trouble documenting their ... more...

Mortgage Research Good News for House Buyers
Figures from the Council of Mortgage Lenders show that in July gross lending in totalled 25.2 billion, with fixed rate deal mortgages are at their most popular for nearly six years.Nonetheless, "July's growth in lending to individuals slowed from the recent trend," said British Bankers Association ... more...

Self Employed Mortgage Loans - A Survival Guide
When you're self employed you have numerous advantages. As you are a free agent, you will write off every deduction you can on your tax return. You acquire the potential to earn extra income much more so than someone who is employed by someone else. The best part is that you are the gaffer, the ... more...

Mortgage Loans
A mortgage is a device used to create a lien on real estate by contract. The mortgage is an instrument that the borrower (called the mortgagor) uses to pledge real property to the lender (called the mortgagee) as security for a debt, also called hypothecation. The mortgage, as a rule, consists of ... more...

Flexible Mortgage UK Mortgages to Specially Suit the Self-employed
While a person drawing a fixed salary every month finds it easy to repay loan in fixed monthly instalments, those with a fluctuating income will find it otherwise. In order to tap the potential of the latter group, which principally consists of self employed people and people whose income is ... more...

Mortgage after Bankruptcy - Bankruptcy Discharged Yesterday? Purchase a Home Today!
So you have been through a bankruptcy and surely have been told to wait at least two years before applying for a home loan. Waiting two long years without any guarantee of being approved for a mortgage after bankruptcy can be disheartening. Fortunately, this advice no longer holds true.Today, there ... more...

Unravelling The Real Estate Buying Process in Canada
If youre a foreign national thinking about investing in the real estate market in Canada heres a run down of the typical buying process you should expect to encounter together with a general explanation of mortgages available to assist with the purchase.First things first though, you have to find ... more...

Don't Buy Your On-Line Marketing Articles From Article Factories
I was busiy submitting some articles I ghost wrote for a client to some web portals late one night, when I was struck by a message a web site editor left for visitors. I wont tell you the actual site name, or mention the company that they are targeting with their message in order to protect ... more...

Invisible Slavery System
Invisible puzzles are mechanisms hidden inside products and services you use, and the social/political systems you interact with. They are invisible due to the use of manufactured perception and deniability-tactics. These puzzles are designed to harness everyone's efforts to silently maintain and ... more...

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