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Mortgage Professor about mortgage retirement: 
Does 401K Debt Count?
"I have outstanding loans against my 401K retirement plan.  Since I owe it to myself, does it count as debt service that is included in the total expense ratio, limiting the mortgage for which I can qualify?" You do owe it to yourself.  On the other hand, if you leave or ... more...

Should I Purchase the House For All Cash?
March 6, 2000 "My wife and I are both in our late 20s and would like to buy a home for $250,000. We have $500,000 in available assets, including cash, stock, and bonds, as well as $100,000 in retirement assets. We have no debt. We can afford to pay cash for the home. Should ... more...

mortgage retirement related definitions

Mortgage Baked Securities, MBS
Mortgage Baked Securities, MBS Mortgage-backed securities (MBS) are bond or other financial obligation secured by a pool of mortgage loans. Mortgage loans are purchased from banks, mortgage companies, and other originators and then assembled into pools by purchasing entity. ... more...

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...

More about mortgage retirement

Investing in Real Estate for Your Retirement (and Now!)
You've probably heard a lot of opposing information about Investing in Real Estate, which is completely annoying! The straight-forward fact about Real Estate is that it is probably the best and safest investment you'll ever make, especially if you live in it, and that you are far more likely to ... more...

Tax Advantages In A Home Business
Every year, several thousand people develop an interest in "going into business." Many of these people have an idea, a product or a service they hope to promote into an in come producing business which they can operate from their own homes.If you are one of these people, here are some practical ... more...

Social Insecurity
Just about everything you have been told about Social Security is an obfuscation. That is a big word for convoluted truth or lie.In a recently published obscure government document by the presidential Social Security commission there are two pages that expose the truth. Neither Democrats nor ... more...

Danger In The Comfort Zone
I dont know who said it or where I heard it, but Im sure it was brought to my attention by a sales trainer somewhere, at some time during my journey through the maze of countless sales trainings and seminars that I have attended over the years, but it does make perfect sense.There is danger in the ... more...

Debt Relief with this Simple Formula
Is there a way to get out of debt without getting a second job or having to increase your income in some way? Can the average person take his or her current income and pay off his or her bills in a matter of a few years, including the car and mortgage payments?The answer is YES!!! You can do it ... more...

Interviewing Overqualified Applicants
A manager of a small business recently posted a job opening for a mostly clerical type job. A degree is not required and generally neither is judgment. She also put the level of compensation clearly on the job posting and worked very hard to not over exaggerate the importance of the position.The ... more...

Caretaking - An Innovative, Cost-Saving Concept in the Travel Industry
I am always on the lookout for innovative, unconventional, and first and foremost, cost-saving ways to travel. I recently came across the concept of "caretaking", i.e. looking after other people's (often beautiful) properties and estates, as a way of procuring rent-free living opportunities in ... more...

Ten Creative Financing Techniques
Do all the creative financing techniques you hear about really work? Yes, actually. They probably have all worked somewhere for someone at least once. The point isn't if they will all work for you. The point is to know what is possible, so you can find your own creative ways to invest in real ... more...

Business: Where Is America Headed To?, New York Millionaire Wonders
Hello! Happy new year. May you live a long healthy life and prosper.According to a study by US dept. of Health & Human Services, 96% of Americans never achieve financial independence. They end up depending on charity, welfare, family, or are forced to keep working past their retirement age ... more...

Moving On: Powerful Tips For Selling Your Home
Maybe you're moving to a larger home to accommodate a growing family, relocating for a new career opportunity, or purchasing a townhouse for retirement. Whatever the reason for the move, you'll need to take the necessary steps to sell your home for the best possible price, within a reasonable ... more...


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