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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... Do I Need an Adjustable Rate Mortgage to Qualify? August 3, 1998 "I have been told by my loan officer that I can qualify for the loan I need only with an adjustable rate mortgage (ARM). I much prefer a fixed-rate mortgage (FRM). Is there any appeal"? Yes, but you have to shift into active mode and not allow the ... more... |
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mortgage debt ratios related definitions |
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Lien
Lien A claim upon a piece of property for the payment or satisfaction of a debt or obligation. A mortgage is a lien against a house. A lien affects the ability to transfer ownership. ... more... Amortization Amortization Means loan payment by equal periodic payment calculated to pay off the debt at the end of a fixed period, including accrued interest on the outstanding balance. Fixed rate 30 year mortgage is fully amortized in 30 years loan. Some ARM loan products ... more... |
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More about mortgage debt ratios UK Debt Consolidation Helps You Forget Debts Like Last Night's Dream Debt Consolidation Mortgage - Decode Its Apparent Complexity Mortgage Debt Elimination in 5 to 7 years! Debt Management Plans Suggesting Ways to Survive the Quagmire of Debts Debt Consolidation with Mortgage Refinance What's The Truth Behind Your Finances? Debt Consolidation Mortgage Loans - Using Home Loans to Reduce Debt Debt Consolidation Mortgage: Home Solutions for Integrating Arrears 10 Steps To Successful Debt Consolidation UK Debt Consolidation - Helps You Forget Debts Like Last Night's Dream
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