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Does Mortgage Life Insurance Make Sense?
July 21, 2003 "My loan officer is suggesting that I protect my family by purchasing a life insurance policy that would pay off the mortgage if I die. I am the only breadwinner. Is this a good idea?" Not unless it is an incredible bargain, which is extremely unlikely. ... more... Why Select an Upfront Mortgage Broker? July 13, 2000 One of the reasons that conventional mortgage brokers conceal their fee as long as possible is a concern that consumers don't fully appreciate the value the brokers provide. Because consumers dealing with UMBs agree on a ... more... |
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Mortgage Needs related definitions |
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Mortgage Broker
Mortgage Broker An individual in the business of assisting in arranging funding or negotiating contracts for a client buy who does not loan the money himself. Brokers usually charge a fee or receive a commission for their ... more... Section 8 Homeownership Program Section 8 Homeownership Program - American Dream Commitment Fannie-Mae and Freddie-Mac expand their underwriting requirements necessary for Freddie Mac to purchase mortgages originated under the Section 8 Homeownership Program, and pledge funds in form of Section 8 vouchers, also ... more... |
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