Home | Ask Your Question | Mortgage Glossary
Mortgage Professor about finance home insurance loan interest rate homeowner equity: 
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...

HUD's Proposals For Reform
October 19, 2002 On July 29, 2002, HUD released a set of proposals to substantially change the ways in which home loans are originated in the US.  As usual, the proposals were open for comment, and many thousands of them were received.  Mine was among them, and is shown ... more...

finance home insurance loan interest rate homeowner equity related definitions

Adjustable Rate Mortgage, ARM
Adjustable Rate Mortgage (ARM) Also known as a variable rate mortgage. The interest rate on these mortgages changes periodically. Variable or adjustable loans are loans whose interest rate fluctuates over the period of the ... more...

Second Mortgage, Home Equity Loan
Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more...

More about finance home insurance loan interest rate homeowner equity

Double Your Income Automatically
It is a common known fact that it is far cheaper to keep an existing customer then it is to acquire a new customer. With this fact in mind you need to do everything possible to keep your existing customers happy and find complimentary products to offer your existing customers.If you are a Mortgage ... more...

The Real Truth About Those: Online Get a Better Loan Web Sites - 6 Things to Look For
You have seen the Commercials on TV go this or that web Site and Refinance your Home and Save thousands. Tempting isn't it? Do they really save you money?But what if you need help or Advice? What if you have questions? Can an online Internet Robot Design a Mortgage Plan customized for your ... more...

A Home Loan Can Help You Own Your Dream Home
Owning your dream home need not just be a dream. You can own it with a home loan offered by any number of financial institutions to help meet the shortfall between the purchase price of the home and the down payment that you provide.The two types of home loans or mortgages that you need to know are ... more...

How A New Millennium Home Loan Benefits A Homeowner In a Katrina Like Disaster
Hurricane Katrina has taken it's toll up in a 4 State region along the Gulf Coast. Many homeowners have been left at with huge repair and little or no insurance money to help with the fix-ups. A New Millennium Home might just be the solution for Future Katrina Like DisasterMany People are stuck ... more...

Why Get a Home Equity Loan?
If you're a homeowner, chances are that you've been deluged with offers from finance companies to lend you money based on the equity you have invested in your home. A home equity loan is a loan extended to you that is secured by your home. The amount of the loan is based on how much 'equity' you ... more...

How Much Home Can You Afford In Today's Market?
If you haven't figured your credit worthiness and borrowing power lately, you might be surprised at how much home you can afford to buy in today's market! Mortgage Lenders are very optimistic about the future of the real estate market and as a result they are willing to loan more on properties than ... more...

Home Equity Loans - How To Use Your Home's Equity to Consolidate Debt
If you've got a wallet full of credit cards, and monthly payments on them that total more than 25% of your monthly income, chances are that you've considered debt consolidation loans or some other means of taming your credit card debt. But did you know that a home equity loan is another way to get ... more...

Finishing Your Basement Can be Very Rewarding
Transforming your home's basement into a finished space can prove to be very rewarding. Frequently the additional living space is used for a variety of entertainment functions including: Recreation Rooms, Bars, Gyms, Billiard Rooms, Home Theatres and Family Rooms. In addition, Bedrooms and ... more...

Financing the Purchase of Foreclosed Homes
Homes that have been foreclosed can be one of the most economical ways to get into a nice home without having to pay exorbitant costs. Its also a great way to get in on the real estate investment game as a beginner. Foreclosure occurs when an owner is unable to meet the financial obligations due a ... more...

Good Credit Is a Necessity for Everyday Living
Most of us want a good credit report to obtain vehicle financing, credit cards for emergencies and luxuries, and to finance a home mortgage. However, beyond these consumer loans, a great credit report makes your life easier.Having a credit card means that you can order tickets, rent a car, and ... more...

Wealth Creation and Mortgage Planning - Two Great Tastes that Taste Great Together
What if I were to tell you that almost everything you have been told about what to do with your home has been absolutely wrong and that one of the worst ways to build wealth is through your home? And what if I further went on to show you that anyone who perpetuates this myth probably is not your ... more...

5 Reasons Why you Need a Mortgage on a Property in Spain
I choose the word need carefully for it is more urgent than the alternative want and adds more strength to the issues discussed. For most readers though the need word will apply, perhaps not in all cases, but certainly in some and I would stress an understanding of how the issues impact you ... more...

10 Questions To Ask Your Mortgage Rep or Banke
This post is a must read for anyone considering purchasing a home be it today, tomorrow or next year. It is sound advice.1. What is the loan's Interest Rate and Annual Percentage Rate?Find out what the interest rate will be on your loan and the annual percentage rate (APR). The APR is a combination ... more...


Return to previous page   More articles
Shop For Your Mortgage Now!
Shop For Your Mortgage Now!

You'll be re-directed to Top-Lenders.com

 

Want to Know Your Rate?
Get Customized Mortgage Quote Instantly

ExplainingMortgages © 2005