![]() ![]() ![]() ![]() ![]() ![]() |
||
| Home | Ask Your Question | Mortgage Glossary |
|
|
||||||||
| Mortgage Professor about mortgage financing house seller loans loan 100 costs: | ||||||||
|
The Fictitious Down Payment Scam
July 10, 2000, Revised November 17, 2004 ?I offered $289K for a house but was not able to make a down payment. The seller?s realtor told me that so long as I could pay all the closing costs, they would find a way to contribute 5% toward a down payment. ... more... Are House Seller Contributions Kosher? July 10, 2000 ?I offered $289K for a house but was not able to make a down payment. The seller?s realtor told me that so long as I could pay all the closing costs, they would find a way to contribute 5% toward a down payment. When we sat down to sign the ... more... |
||||||||
mortgage financing house seller loans loan 100 costs related definitions |
||||||||
|
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... 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 mortgage financing house seller loans loan 100 costs
Crossing the Gap from this Home to the Next: Bridge Loan First Time Buyer Home Loans - Things To Consider When Applying Online An Investor's 1st and Most Important Lesson Bridge Loans From One Home to the Next Business Loans - 7 Reasons Not to Use a Bank Equity Raising Strategies, Myths, and Cold, Hard Facts Business Growth Through Leverage A Possible Bargain: Foreclosed Properties Adverse Credit Mortgages - Home Loans For People With Poor Credit Cutting Edge Real Estate, Is the Bubble Ready To Burst? Financial Strategies for Transitioning from Salaried to Solo
|
|
|||||||
|
||||||||