Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about interest mortgage: | |||||||||||||||||||||||
Interest-Only Mortgage Tutorial
Here is what you will learn in this tutorial: 1. What is an interest-only mortgage? 2. For what types of borrowers is it suitable? 3. What are the hazards you should watch out for? 4. What information do you need to assess an IO mortgage? 5. How ... more... How Does Simple Interest Work? January 5, 2004 "What are the benefits/drawbacks of a simple interest loan versus a traditional mortgage? Which would you take if offered the choice?" I would select a traditional mortgage. If ... more... |
|||||||||||||||||||||||
interest mortgage related definitions |
|||||||||||||||||||||||
Variable Rate Mortgage
Variable Rate Mortgage The variable rate mortgage, affectionately know as Adjusatuble rate mortgage or ARM is a mortgage with a rate that will adjust over time. You may be familiar with the term three year ARM, or five-year ARM. ... more... Mortgage Note Mortgage Note A written negotiable promise (agreement) to pay a sum of money plus interest at a set interest rate. The note is secured by a mortgage. In turn, mortgage is secured by property. Mortgage note states the amount of debt and the rate of interest, and makes the ... more... |
|||||||||||||||||||||||
More about interest mortgage How to Secure the Best Mortgage Deal and Save Yourself Thousands in Interest Glossary of Common Terms Used During the Mortgage Process Option One Mortgage Loans Getting an Option ARM or Option One Mortgage Loan What is an Interest Only Mortgage? Option One Mortgage Loans - Getting an Option ARM or Option One Mortgage Loan You Will not Allow Your Mortgage to Go Astray in the Absence of Mortgage Advice Home Mortgage Loans - Fixed Rate, Adjustable or Balloon, Which One Is Right For You? Lowest Mortgage Rates UK Lowering the Cost of Mortgage Mortgage Terms Explained How to Compare Fixed Rate Mortgages and Adjustable Rate Mortgages
|
|
||||||||||||||||||||||
|