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Can You Help by Buying a Relative's Loan?
March 6, 2000 "My niece recently purchased a home and I want to help her by buying the mortgage and charging her less than the 8.5% interest she pays. Its an FHA loan and I think she pays some bank. Can you tell me how to purchase the loan and become the lender ... more... Use Funds in 401K as a Down Payment? April 19, 2004 "Is it advisable to use funds in my 401K as a down payment?" You don?t want to withdraw funds from a 401K to make a down payment, but you might want to borrow from your account. Whether you do or not should depend on whether it costs more or less than ... more... |
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interest loans real estate lender house remortgage related definitions |
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Real Estate Investment Trust
Real Estate Investment Trust (REIT) A trust that uses investors money to purchase and manage real estate. A Real Estate Investment Trust (REIT) is a company that invests its assets in real estate holdings. REIT investments may be excellent inflation hedge. REIT's ... more... Negative Amortization Negative Amortization Negative amortization, also known as Neg Amortization, NegAm, NegAmMort, occurs when borrower pays back less than the full amount of interest owed to the lender each month. The difference betweeen full interest and paid amount is added to the total amount ... more... |
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More about interest loans real estate lender house remortgage
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