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Mortgage Professor about Home Loan Terms: | |||||||||||||||||||||||
Qualifying For a Mortgage
December 12, 2000 Most potential borrowers are nervous about getting a mortgage loan because they share a widespread misperception: the misperception is that they have no bargaining power relative to lenders, and therefore must approach them ... more... Should Mortgage Borrowers With Poor Credit Shop? October 25, 1999 "You keep saying that home buyers ought to shop for the best mortgage terms, but suppose your credit rating sucks? Won't I have trouble finding a lender who will even deal with me, let along find a lot of them ... more... |
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Home Loan Terms related definitions |
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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... Truth-In-Lending, TILA Truth-In-Lending A federal law requiring disclosure of the Annual Percentage Rate to home buyers shortly after they apply for the loan. Also known as Regulation Z and Truth-In-Lending-Act (TILA). Requires disclosures about its terms and cost and gives consumers the right ... more... |
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More about Home Loan Terms Home Equity Loan Improvements Kings Bay Saint Marys & Kingsland Georgia - Affordable Home Mortgages Mortgage Terms Explained Mortgage 101: First Time Home Buyers Must Read! Open the Cash Vault Inside Your Home First Time Home Buyers - Get Your Top 5 Mortgage Questions Answered Here! Basic Home Loan Terms Explained Making Sense of Mortgage Speak Financing a Home With Bad Credit Home Equity Line of Credit - Finding The Best Home Equity Lender
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