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80/20 Mortgages
Jack Guttentag is Professor of Finance Emeritus at the Wharton School of the University of Pennsylvania. Visit the Mortgage Professor's web site for more answers to commonly asked questions.
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Related Articles From Mortgage Professor's web site: Upfront Mortgage Brokers Listed by State IMPORTANT NOTICE: BEFORE CONTACTING BROKERS LISTED BELOW, READ "HOW TO DEAL WITH A UMB" Upfront Mortgage Brokers as of December 10, 2005 Arizona Resident Brokers Keith Carothers, AZ Mortgage Dr. Fee: Negotiated on a case-by-case basis www.azmortgagedr ... more... 80/20 Mortgages These are listed under "Second Mortgages" See Can Two Mortgages Cost Less Than One? Using a Second to Avoid a Jumbo Loan Search my site for 80/20 mortgages. Copyright Jack Guttentag 2004 ... more... Using a Second Mortgage to Avoid a Jumbo Loan January 27, 1999 "I was recently advised to reduce my loan amount from $245,000 to $240,000 on the grounds that above $240,000 the interest rate is significantly higher. Is that right?" Yes. Two "government sponsored enterprises", Fannie Mae and Freddie ... more... Mortgage Loan Calculator: Lender Fees From APR October 25, 1999 "In trying to compare mortgage prices of different lenders, I understand that I have to look at the fees as well as the points that lenders charge, but ads in the newspaper only show rate, points and APR. If I ... more... |
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