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Mortgage Professor about subprime lenders: | |||||||||||||||||||||||
Why Is the Loan Rejection Rate Rising?
March 20, 2000 "I have read that in recent years loan rejection rates have increased, especially among lower-income people and minorities?Why do they continue to get the short end of the stick?" You are ... more... Do Secondary Mortgage Markets Help Borrowers? October 7, 1999, revised April 2, 2003 "In a recent column you said that there was no serious downside to borrowers from having their loans sold, but you didn't point to any upside to the practice, either?Don't loan sales raise costs, ... more... |
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subprime lenders related definitions |
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Origination Fee
Origination Fee Charge by a lender or broker connected with originating a loan; charged to prepare loan documents, make credit checks, inspect and sometimes appraise a property; usually computed as a percentage of the value of the loan. Loan origination fee usually ... more... Loan Origination Fees Loan Origination Fees Charge by a lender or broker connected with originating a loan. Different from discount points which are used to buy down the rate of interest. A point is simply one percent of the total loan amount. Loan origination fee usually varies from 0.5% to 2% ... more... |
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More about subprime lenders Subprime Mortgage Loans - Which Lenders Should you Avoid? Bad Credit Mortgage Lenders - Things You Should Know About Subprime Lenders Hard Money Loans - Reasons Why You Might Want To Try Applying With A Subprime Mortgage Lender Subprime Mortgage Lenders - Helpful Tips When Getting a Subprime Mortgage Loan Home Loans For People With Poor Credit - Understanding The Requirements For a Subprime Mortgage Subprime Mortgage Lenders - Differences Between Subprime and Other Lenders Is Your Subprime Mortgage Lender a Predatory Lender Subprime Mortgage Loans Online - What To Expect Home Loans and Mortgages Watch Out for Dangerous Subprime Loans Bad Credit Home Financing - Choosing a Subprime Mortgage Lender
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