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Pros and Cons: Mortgage Insurance Versus Higher Rate
December 6, 1999 "We have a 5 percent down payment and our lender has offered us a Tax Advantage Mortgage Insurance plan instead of conventional private mortgage insurance (PMI). Instead of paying a mortgage insurance ... more... Why the New Interest in Interest-Only Mortgages? NOTE: IF YOU WANT THE CRITICAL FACTS ABOUT INTEREST-ONLY WITHOUT ANY FRILLS, GO TO THE INTEREST-ONLY TUTORIAL. August 19, 2002 "In looking to refinance my existing mortgage, I've found some lenders offering "interest only" loans. One lender is offering an ... more... |
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mortgage retirement interest property tax taxes plan rental related definitions |
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Mortgage Note
Mortgage Note A written negotiable promise (agreement) to pay a sum of money plus interest at a set interest rate. The note is secured by a mortgage. In turn, mortgage is secured by property. Mortgage note states the amount of debt and the rate of interest, and makes the ... more... Tax Sale Tax Sale Property on which current county taxes have not been paid is "sold to the state." At this stage no actual sale takes place - the title is transferred to the state and the owner may redeem it by paying taxes, penalties and costs. If it has not been redeemed ... more... |
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More about mortgage retirement interest property tax taxes plan rental
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