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| Mortgage Professor about purchasing mortgages for bad credit: | |||||||||||||||||||||||
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The Worst Mistake of Mortgage Borrowers
February 19, 2001 ?What?s the worst mistake mortgage borrowers make?? The worst mistake by far is making decisions based solely on the affordability of monthly payments, without considering ... more... The Fully Amortizing Mortgage and Savings Discipline February 7, 2005 ?The equity from sale of our old house will cover the first 6 months of payments on the new one. To avoid spending this money, we plan to make 6 payments immediately, then we have 6 months to save enough from our current income to repeat the process. Is this ... more... |
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purchasing mortgages for bad credit related definitions |
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Equal Credit Oportunity Act
Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more... Credit Score Credit Score A single numerical score, based on an individual's credit history, that measures that individual's credit worthiness. Credit scores are as good as the algorithm used to derive them. The most widely used credit score is called ... more... |
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More about purchasing mortgages for bad credit No Credit Check Personal Loans: When the Best Loan Can't Offset Bad Credit The Importance of Having Good Credit The Truth About Bad Credit Loan Mortgage Tackling Bad Credit Use Bad Credit Home Loan To Get Funds Despite Poor Credit Ratings Signature Loans: A Signature Can Relieve Stress Of No Collateral And Bad Credit Gearing Up for Bad Credit Mortgages Loans for Bad Debtors: Discarding Debt Disorganization to Recover Financial Growth Bad Credit Personal Loans: Empowering Credit Misfits Bad Credit Home Loans
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