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Tutorial on Selecting Mortgage Features
Planning to shop for a mortgage on-line? You need to answer the following questions first, so you know exactly what you are shopping for.      1. What Type of Mortgage Should I Select? 2. Which Mortgage Options Should I Select? 3. How Long a Term Should I Take? 4. ... more...

What's the Remedy for Predatory Lending?
August 20, 2001 "How do we get rid of predatory lending?" Community Action There are 4 general approaches to getting rid of predatory lending.  The first is to identify predators and either persuade them to change their practices or counsel consumers to ... more...

sub prime second mortgage related definitions

Non Conforming Loan
Non Conforming Loan A loan that does not meet the Fannie Mae or Freddie Mac underwriting guidelines. This is also known as a portfolio mortgage. The loan can't be sold on the secondary market so it must keep it and service it in its own portfolio. Non-conforming loans have ... more...

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...

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Get Free sub prime second mortgage Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Mortgage Companies - Prime Lenders vs Sub Prime Lenders
For the best rates and fees, look to a prime lender to give you top financing due to your excellent credit score. For those with poor credit, turn to a sub prime lender for reasonable rates on mortgage loans. You will also find more flexibility with a sub prime in drawing up terms and ... more...

Buying A Home After Bankruptcy Low Credit Score Mortgage Loans
Excellent credit is not required to buy a home. Of course, a higher rating will qualify homebuyers for a low rate and better loan programs. Still, buying a home after bankruptcy is easy. Although home loans following a bankruptcy discharge come with high rates, a home purchase is a great ... more...

When to Get a Second Mortgage
If you find yourself struggling to make ends meet, in need of some additional money for home repairs or home improvements, or just find that you have some financial need that you can't fulfill with your standard wages, you might want to consider taking out a second mortgage on your home.Of course, ... more...

2nd Mortgage Loan After Bankruptcy - Get Approved Online
A 2nd mortgage loan after a bankruptcy is possible in as little as two years. Refinancing your mortgage can help you make needed home improvements or pay off high interest debt. Refinancing with adverse credit history requires savvy shopping on your part to ensure that you get a reasonable 2nd ... more...

Investing in Real Estate Profitably: Eliminating the Need for Mortgage Insurance
In an earlier article, we presented various options for ensuring that you have positive cash flow when holding rental houses, by minimizing loan payments. One problem which we now can address is to how to eliminate the need for paying mortgage insurance. Any loan with less than 20% down payment ... more...

Buying a Home after Foreclosure - Comparing Bad Credit Lenders
After a foreclosure, you may be a little hesitant to apply for a new home loan. Moreover, several lenders will question your ability and willingness to repay the mortgage. Although there are many obstacles to getting approved for a mortgage loan after a foreclosure, homeownership is ... more...

Subprime Mortgage Lenders - Sub-prime Loans Now Available Through Traditional Lenders
Sub-prime loans are becoming more readily available through traditional lenders. Even with a bankruptcy or foreclose in your credit history, you can still find financing for the purchase of your home. The key to sub-prime mortgages is to do your research and compare both terms and rates.Your Credit ... more...

Second Mortgages
Most people during their lifetime use a mortgage to apply for a loan and some people get a second mortgage to borrow even more money. People who think it is difficult to get a loan using a mortgage havent tried to get a second mortgage.There are several types of loans available to the public, ... more...

Sub Prime Mortgage Leads
If you are a loan officer or mortgage broker interested in purchasing sub prime mortgage leads, purchasing them by way of the internet may not be a bad place to start.But before you do that, find a mortgage lead provider that can deliver exactly what you are looking for, and that is sub prime leads ... more...

Bad Credit 2nd Mortgage - Should You Get a Second Mortgage?
A second mortgage is a loan taken out against a home's equity. These loans are very attractive for several reasons. The process is relatively quick, and the easiest way to acquire money for home improvement, debt consolidation, etc. Homeowners with bad credit may take advantage of second mortgages ... more...

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