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Tutorial on Selecting Mortgage Features
Planning to shop for a mortgage on-line? You need to answer the following questions first, so you know exactly what you are shopping for. 1. What Type of Mortgage Should I Select? 2. Which Mortgage Options Should I Select? 3. How Long a Term Should I Take? 4. ... more... Can I Obain a Mortgage Loan Without Income? January 4, 1999 "I have a 9.5% fixed-rate mortgage on which I owe about $70k, my house has a value of about $115k, and I have excellent credit. I want to refinance while rates are low but I have problem. I am now self-employed and for the past few years, my income has ... more... |
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stated income mortgage rates related definitions |
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Variable Rate Mortgage
Variable Rate Mortgage The variable rate mortgage, affectionately know as Adjusatuble rate mortgage or ARM is a mortgage with a rate that will adjust over time. You may be familiar with the term three year ARM, or five-year ARM. ... more... 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... |
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More about stated income mortgage rates The Red Flags of Getting a Home Loan What Online Mortgage Shoppers Want Investing in Residential Real Estate: Achieving Positive Cash Flow Low Mortgage Rates - Rates Today Are Still Low Enough To Consider Do Your Homework - Find the Mortgage That Fits Your Lifestyle and Your Budget Lowest Mortgage Rates UK Lowering the Cost of Mortgage Mortgage Info You Can Actually Understand! Mortgage Rates and Current Mortgage Rates Mortgage Terms Explained A Critical Guide to Home Loans: Your Options and How They Affect Your Future
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