Home | Ask Your Question | Mortgage Glossary
Mortgage Professor about first home: 
Second Mortgage Versus Home Equity Loan
June 9, 2003, revised August 30, 2003 "What are the differences between a second mortgage and a home equity loan?" The terminology is confusing. A second mortgage is any loan that involves a second lien on the property. Some second mortgages are for a fixed dollar ... 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...

first home related definitions

American Dream Downpayment Initiative
American Dream Downpayment Initiative The American Dream Downpayment Initiative (ADDI) aims to increase the homeownership rate, especially among lower income and minority households. ADDI help first-time homebuyers with downpayment and closing costs. The program assists low-income ... more...

Buy-Down
Buy-Down When the lender and/or the home builder subsidized the mortgage by lowering the interest rate during the first few years of the loan. While the payments are initially low, they will increase when the subsidy expires. ... more...

More about first home

Is A Debt Consolidation Loan Your Best Option?
For many people the lure of easy credit has taken them into the forbidden zone of debt. Between debt on regular credit cards, shopping store credit cards, home equity lines of credit, mortgages and car payments it's no wonder consumers are finding themselves financially and emotionally drained as ... more...

Determining Whether You Need a Loan
Sometimes it can seem like life is getting out of hand, and you might need some extra money to get through it... at other times, though, you might find that your need for additional funds is motivated more by want than need.In many cases there is nothing wrong with this discrepancy, but in those ... more...

Looking for a Bad Credit Home Improvement Loan
To make needed repairs to your home without the advantage of a good credit history often requires a bad credit home improvement loan.This loan, designed for people with less-than-perfect credit, uses the equity in your home or real estate and allows you to get the money that you need for repairs ... more...

PayDay Loan Online - Quick Cash Advance Loans Online Are Very Convenient
Getting a quick cash loan, cash advance or payday loan has never been easier than it is today, thanks to the internet. Today you can apply and be approved for a payday loan or cash advance fast, in the comfort of your own home. There isnt even a check to deposit to receive your money. The money ... more...

Bad Credit Auto Loan Refinance - Bad Credit Auto Refinance Tips
Most people know that it is possible to refinance their homes but did you know it is also possible to refinance your auto? Indeed for many people who have high interest sub prime car loans, refinancing their auto loans may be a wise decision. How do you know when refinancing your bad credit auto ... more...

How to Find a Bad Credit Loan UK
Finding a bad credit loan UK that meets your financial needs can be difficult sometimes it might seem as though there isn't a lender anywhere who's willing to take a chance on an individual that's had credit problems in the past.Of course, it is possible to get a bad credit loan UK ; sometimes all ... more...

How to Secure a Low Cost Online Loan
If you're in the market for a loan and haven't thought about online options, you might want to consider looking into getting a low cost online loan.Unlike a traditional loan from a bank or finance company, a low cost online loan doesn't require you to drive around from lender to lender, looking for ... more...

Finding the UK Loan that You Need
Because it can sometimes be difficult to find a UK loan with a low interest rate and acceptable loan terms, many people get frustrated with the entire borrowing and lending process.Some individuals feel as though they cannot get a good UK loan because they've been turned down for a loan, and they ... more...

A Look at the Advantages of Secured Loan
If you're in the market for a loan, you might want to stop and consider the advantages of secured loan.If you're not exactly what a secured loan is, it is a type of loan that requires collateral to secure the loan and guarantee that the loan amount is repaid meaning that some piece of property such ... more...

Where to Look for a Cheap Personal Loan
Looking for a cheap personal loan can sometimes be a chore, but if it saves you money in the end then it's likely a chore worth completing.A cheap personal loan probably isn't going to be the first loan that you're offered, though sometimes a person looking for a cheap personal loan will get lucky ... more...

How to Find a Low Rate Loan UK
If you're looking for a low rate loan UK and don't know where to look, you might not realize the variety of lender options available to you. Traditional banks, lending and finance companies, and even online lenders can all be viable sources for a low rate loan UK it's all a matter of knowing where ... more...

How to Find a Quick Loan
If you're looking for a quick loan and don't know where you should start, you're in luck. There are several different types of lenders available today from which you might be able to get a quick loan ranging from traditional banks to finance companies, and even online lenders.Getting a quick loan ... more...

How to Find a Good Online Homeowner Loan
A quickly growing trend in lending is the online homeowner loan. This loan uses the equity that you have in your home to secure the loan amount, and features both a convenient way to apply and check on your loan as well as faster decision times and lower interest rates than many loans offered by ... more...

Finding the Loan UK that Meets Your Needs
For those in the market for a loan UK , it can sometimes seem like nothing is going your way and all of the offers that you've received come with some sort of catch.Some lenders will institute hidden fees and questionable loan terms for your loan UK , and others simply charge extravagant interest ... more...

Securing a Cheap Home Improvement Loan
Finding a cheap home improvement loan can be a challenge at times, but the extra work involved can pay off by saving you money in the long run.Taking the time to get extra quotes, do a bit more research, and finding the best people to work on your home improvements is always a good idea and if it ... more...

Getting the Best Homeowner Loan for Your Money
With so many lenders out there, it can be hard to tell if you're getting the best homeowner loan for your money. Banks, finance companies, and online lending services all offer competing loans, but determining which offers you the best homeowner loan can be tricky.The best way to figure out which ... 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