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Mortgage Professor about 100 Mortgage: | |||||||||||||||||||||||
Selecting the Term on a Mortgage
August 15, 1998, Revised September 7, 2005 What Is the Mortgage Term? The term of a mortgage is the period used to calculate the mortgage payment. It should be distinguished from the maturity, ... more... 100% Mortgage Loans: Blessing or Curse? March 6, 2000 "Is the ability of people to borrow without a down payment a strength of the US mortgage system, or a weakness?" Both. Some families become successful home owners with the help of 100% loans. ... more... |
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100 Mortgage related definitions |
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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... 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... |
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