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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... |
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sub prime second mortgage related definitions |
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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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More about sub prime second mortgage Mortgage Companies - Prime Lenders vs Sub Prime Lenders Buying A Home After Bankruptcy Low Credit Score Mortgage Loans When to Get a Second Mortgage 2nd Mortgage Loan After Bankruptcy - Get Approved Online Investing in Real Estate Profitably: Eliminating the Need for Mortgage Insurance Buying a Home after Foreclosure - Comparing Bad Credit Lenders Subprime Mortgage Lenders - Sub-prime Loans Now Available Through Traditional Lenders Second Mortgages Sub Prime Mortgage Leads Bad Credit 2nd Mortgage - Should You Get a Second Mortgage?
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