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Are Mortgage Assumptions a Good Deal?
November 17, 2003, Revised December 20, 2005 ?I have been offered a deal where I take over the home seller?s mortgage. What are the pros and cons of doing this??  Benefit of Mortgage Assumptions to Buyers When a homebuyer assumes responsibility for a home seller?s ... more...

Upfront Mortgage Brokers Listed by State
IMPORTANT NOTICE:  BEFORE CONTACTING BROKERS LISTED BELOW, READ  "HOW TO DEAL WITH A UMB" Upfront Mortgage Brokers as of December 10, 2005  Arizona Resident Brokers Keith Carothers, AZ Mortgage Dr. Fee: Negotiated on a case-by-case basis www.azmortgagedr ... more...

mortgages done online mortgage loan home fha seller lender related definitions

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...

MIP, Mortgage Insurance Premium
MIP, Mortgage Insurance Premium It is insurance from FHA to the lender against incurring a loss on account of the borrower's default. Paid if FHA loan LTV is higher than 80%. Also known as FHA Mortgage Insurance. By insuring the loan the Federal Government agrees to repay ... more...

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Getting a Mortgage Quote Online
If you are interested in buying a home then you are certainly shopping for a mortgage quote from a variety of different lenders. This is important because when you have more than one mortgage quote you can compare the different lenders and find the one that is best for you. Frequently, the average ... more...

Home Mortgage Loan Refinancing Online - 3 Tips on Refinancing Your Home
When refinancing your home, it's helpful to know a few things about refinancing. When you refinance, you usually pay off the old loan and sign for a new loan, whether you are refinancing your 1st mortgage, second mortgage or home equity loan. The expense that comes in to play when refinancing are ... more...

Kings Bay, Saint Marys and Kingsland Georgia Real Estate - Mortgage Lenders
When looking for a home, it is important to first get pre-qualified with a mortgage company before you search for a home. This is the first step in making buying a home a no-nonsense experience.There are many mortgage lenders in the Kings Bay Georgia market. Most offer many of the same programs, ... more...

Home Mortgage Interest Rates: How to Compare
Whether you are looking to purchase your first home, sell your current home and purchase a new one, or you are wondering whether or not you should refinance your existing mortgage, it is beneficial to compare current home mortgage interest rates from several companies to be sure you get the best ... more...

What Exactly Is A Reverse Mortgage And How Does It Work?
A reverse mortgage is a certain loan that allows the older generation to take their home equity and turn it into cash. With this type of loan the bank is actually paying you monthly out of the equity in your home. The funds from reverse mortgages can be used for whatever you like. Many people like ... more...

FHA Home Mortgage Purchase or Refinance Loan - Why You Might Consider Getting an FHA Loan
Most borrowers have heard of FHA home loans. They are very common. You hear about them mostly as loans for first time borrowers, which is common. However, most people don't realize that FHA loans can also be does for refinancing. They are not only for purchasing a house.HUD owns and operates ... more...

Read This Article If You Are Afraid Of Mortgage Payment Increases
Are you afraid of missing a mortgage payment and on a variable loan? Are you worried about interest rate increases? Are you worried about losing your job, getting sick, or possibly getting into an accident and you cannot work? Who is going to pay that mortgage? Are you in constant fear that your ... more...

Why Pre-Qualifying for a Mortgage Should be Done Before Making a Purchase Offer
So you're in the market to buy a new home and you have your eye on a property that you think might be "the one". Whether or not you have enlisted the aid of a professional real estate agent you will want to do one thing prior to submitting an offer to the home seller: pre-qualify for a mortgage ... more...

The Boom Fraud -- Mortgage Market Fraud On The Rise
While mortgage experts caution against the impending housing bubble, the housing market continues to boom. Like all hot markets, the scammers can't stay away when they get a whiff of money. Mortgage industry researchers report that mortgage based scams are on the rise and are bilking Americans for ... more...

How To Find A Mortgage With Bad Credit
Shopping online for mortgages ought to be trouble free, even should you have poor credit or no credit score. You can nonetheless find a bad credit lender that can facilitate you. The internet has expanded the international marketplace in a way never before possible, granting people looking for ... more...

Kings Bay Georgia Mortgage Information
When choosing the right mortgage company for your home purchase or refinancing, there are a few things to consider.What is this lenders reputation? Does this lender have a proven track record in the community and can they offer you not only the lowest interest rates available, but design a program ... more...

Applying for Your First Home Mortgage? What You Need to Know
The following home mortgage tips will help you figure out how to best go about the home mortgage loan process for your situation.Home Mortgage tip #1 Interest RatesBefore applying for your first home mortgage loan you will want to shop around and see what average home mortgage loan rates are. ... more...


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