Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator
Mortgage Professor about 80 20 loan: 
Sample Mortgage Insurance Premiums
Typical Monthly Private Mortgage Insurance Premiums, Revised September 12, 2005 Down Payment as Percent of the Lower of Sale Price or Appraised Value ... more...

What Is the Down Payment?
January 21, 2002 "My understanding is that if a home buyer puts 20% down, he doesn?t have to purchase mortgage insurance.  I put 20% down -- $48,000 on a $240,000 home purchase ? but I?m told that I do have to buy mortgage insurance because I elected to finance $6,000 in ... more...

80 20 loan related definitions

Private Mortgage Insurance, PMI
Private Mortgage Insurance, PMI Loans with an LTV over 80% may require Private Mortgage Insurance (in some cases 75% or 70% when refinancing). If you do not have a 20 percent down payment, lenders will allow a smaller down payment. With the smaller down payment loans, however ... more...

Bridge Loan
Bridge Loan A bridge loan is a short-term loan, usually a second mortgage, run for 6 month but may be taken taken out for a period of 2 weeks to 3 years. The borrower's current home (which is usually "for sale") is ... more...

More about 80 20 loan

Get Free 80 20 loan Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Leadership Development Interview with Stephen Covey
The call and need of a new era is for greatness. Its for fulfillment, passionate execution and significant contribution. - Stephen R. Covey, from The 8th Habit: From Effectiveness to GreatnessMaking a rare public appearance in Toronto at the Mississauga Living Arts Centre, world-respected ... more...

Late Mortgage Payments Sabotage PMI Cancellation
There's something you should know about PMI!Private mortgage insurance is commonly referred to as PMI. If a buyer makes a down payment of less than 20% of a home's value the lender will insist that a premium for PMI be added to every monthly payment.Statistics prove that the more money a buyer has ... more...

Exotic Mortgage
With real estate prices ever on the rise, first-time home buyers are facing more difficulties in buying a home. Who ever thought they'd buy a $500,000 starter home?Mortgage lenders have acknowledged the problem by creating new and innovative mortgage products, mostly designed to lower the ... more...

Escrow Accounts Are You Paying Too Much?
Money in escrow is "dead money". It doesnt earn interest for you and it doesnt reduce your mortgage interest payments. Therefore every cent in your escrow account is costing you money. Make sure there is no more tied up in escrow than there needs to be!Here is a brief summary of what lenders can ... more...

What 80% of Businesses Dont Know: Tips for Improving Your Working Capital Management
What is the number one way to prevent failure in business? Take a minute to really think about your answer. What comes to mind? Increasing patients or customers served? Effective marketing? Location, location, location? Improving patient or customer care? Being the best in your industry ... more...

115 Ways To Earn Money With Your Computer
Here is a list of ideas for your reference if you want to use your own PC to earn income. 1. Provide computer-based office management services for attorneys 2. Do word processing 3. Do medical billing for doctors 4. Do automated telemarketing 5. Manage a church 6. Start a computer user's group 7. ... more...

A Case for Data Scrubbing
Often maintenance systems dont reap the benefits that they promise through no fault of their own. How can you expect a system to improve underlying data? The answer is that you cant. What you need is to have good data in the system so that it can be accessed, processed and used to provide ... more...

The Truth About Shopping for Mortgage Rates
With so much lender advertising focusing just on rates, you may not be aware of the importance in choosing an experienced, reliable loan professional who can match you with the appropriate loan program. Good loan officers and mortgage brokers may quote todays rate when asked, but they will quickly ... more...

Are You Ready for a Home Mortgage Loan?
Buying a Home and committing to a Mortgage can be very scary! A home mortgage loan is the largest debt that most Americans will take on in their lifetime. As such, making the decision to take out a mortgage is not one that most first time homebuyers take lightly. Not only will your monthly mortgage ... more...

Investing in Real Estate Like a Stock
A REAL ESTATE STOCK PLANGetting out of the bleachers and into the game!This report is going to explain or attempt to give the stock market investors a basic one-on-one interview with a real estate portfolio manager who has consistently made a profit on 100% of the investment products that were ... more...

Return to previous page   More articles on 80 20 loan
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

Mortgage Indexes Info
30 Yr Fixed Rate
15 Yr Fixed Rate
5/1, 3/1 ARM
CODI
COSI
12 MTA
COFI 11th District, Federal
12 Month LIBOR (USD)
1 Year CMT
Market Indexes Info
WSJ Prime Rate
FNMA
Federal Funds
30 Year Treasury

 

ExplainingMortgages © 2005 - 2009