Home | Ask Your Question | Mortgage Glossary
Mortgage Professor about only interest: 
Interest-Only Mortgage Tutorial
Here is what you will learn in this tutorial: 1. What is an interest-only mortgage? 2. For what types of borrowers is it suitable? 3. What are the hazards you should watch out for? 4. What information do you need to assess an IO mortgage? 5. How ... more...

Misperceptions About Interest-Only Mortgage Loans
NOTE: IF YOU WANT THE CRITICAL FACTS ABOUT INTEREST-ONLY WITHOUT ANY FRILLS, GO TO THE INTEREST-ONLY TUTORIAL. April 8, 2003 I continue to be dumbfounded by the claims about interest-only loans reported to me by mortgage shoppers.  Whether the claims originate with loan ... more...

only interest related definitions

VA Loan
VA Loan A VA loan is a mortgage loan in the United States guaranteed by the US Veterans Administration. The loan may be issued by qualified lenders. Available only to veterans possessing a Certificate of Eligibility. Purchasing a home with a VA Loan is not as difficult as ... more...

Improvements
Improvements Home improvement is the process of renovating or making additions to one's home. Often, a professional handyman is hired to perform the improvements but, typically, most improvements are done on an amateur basis by the homeowner. Home improvement comes in many ... more...

More about only interest

Choosing a Secured Loan
A generation or so ago most people were raised with the philosophy that if you don't have the money to pay for it, then you simply couldn't have it. But these days, the availability of secured loans makes it eminently possible to purchase those things that you would like without having to have a ... more...

The Quick Payday Loan Taking A Look At The Loan Agreement
A payday loan will require you to sign a loan agreement, just like with any type of loan. Before you sign though, you should take the time to read through all the fine print. Not only will you learn your rights, but there is also valuable information to be found in the forms.Lenders Contact ... more...

Fast Cash Payday Loan - How Expensive Are Payday Loans?
Payday loans offer fast cash with no credit checks for relatively small finance fees. The important thing to remember with rates is that you are only paying them for a few days, not years. In the end, you should be paying fewer finance fees than with a credit card or loan. However, if you roll over ... more...

How To Get Your Payday Loan Cheap
Its no secret that Payday Loans are expensive. Payday loan fees and interest are about 5-10 times more than that of a credit card. The benefit to using a payday or cash advance loan is that you can get the cash fast and the loan approval process is relatively quick. There is no credit check, so ... more...

Auto Loan Deals Are Not Always As Sweet As They Seem
Choosing the right auto loan is an important financial decision, and one fraught with potential risks for unwary credit consumers. Anyone planning to take out a loan to buy a new or used vehicle should shop around for the best deal, read the fine print on any loan plan they are considering taking ... more...

Can A Pay Day Loan Truly Be Easy?
If you're looking to find an easy payday loan it's time to figure out what you consider easy. There are plenty of supposedly easy payday loan options available to the discerning or desperate consumer, but the hard part comes when you need to pay back the easy payday loan. Before you sign up for ... more...

$1000 Advance Payday Loan - Should You Borrow That Much On a Payday Loan?
Payday lenders a few years ago only offered cash advance loans up to $500 - Then, some started offering payday loans up to $1000, now companies are starting to offer loans up to $1500. Before you start an application process to get yourself a $1500 payday loan, consider some points about how ... more...

Emergency Cash Loan - Consider a Fast Cash Advance
Emergencies happen. Most people don't have a savings account. When financial emergencies happen, most people need to borrow money until your next payday. This is where cash advance lenders can come in handy.Fast Cash In Your Bank Account - Online cash advance lenders will usually deposit the ... more...

Home Equity Loan Improvements
There's more Regulation Z compliance on the way, courtesy of the Home Equity Loan Consumer Protection Act. This fall banks will have to implement the new home equity loan disclosure rules the Federal Reserve Board was required to issue under the act.The Federal Reserve released the final version of ... more...

Hidden Bank Loan Charges That Would Make a Pick-Pocket Envious
There can be more to a bank business loan than making interest and principal payments. Your firm may get a great rate on its new credit line or term loan but you may cry on the way home when you discover the hidden fees and charges.Even seasoned borrowers can be caught off guard. Borrowing costs ... more...

Is A Student Loan Consolidation Or Federal Student Loan Consolidation Right For You?
With the cost of education going through the roof, going to college can be very costly. Many students dont have thousands of dollars to pay their way through college. This is why so many college students use student loans and federal student loans to get themselves through college. When it comes ... more...


Return to previous page   More articles
Shop For Your Mortgage Now!
Shop For Your Mortgage Now!

You'll be re-directed to Top-Lenders.com

 

Want to Know Your Rate?
Get Customized Mortgage Quote Instantly

ExplainingMortgages © 2005