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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 Bad Credit Home Loans - Pre-Approval is Still Possible With Adverse Credit History Sub-Prime Mortgage Loan - How Sub-Prime Loans Differ from Conventional Loans Zero Down Home Financing - No Money Down Mortgage Loans Taking the Time to Find a Homeowner Loan UK Finding the Best Home Improvement Loan Rate Secured Loans Making the Most of Your Home as Collateral Don't Let Your Personal Loan Become a Personal Moan Secured Home Equity Loans How Do They Work? Bad Credit Mortgage Company Using Mortgage Brokers to Find a Lender Mortgage Tips for First Time Buyers
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