What Is A Wraparound Mortgage?
Definition of "What is a wraparound mortgage?"
Popular Mortgage Questions
Popular Mortgage Glossary Terms
Loan applications that are withdrawn by borrowers, because they have found a better deal or for other reasons. ...
A mortgage lender or mortgage broker. ...
A provision of a loan contract stipulating that if the property is sold the loan balance must be repaid. A mortgage containing a due-on-sale clause is not assumable. This prevents a home ...
The standards imposed by lenders in determining whether a borrower can be approved for a loan. These standards are more comprehensive than qualification requirements in that they include ...
A payment made by a lender to a mortgage broker for delivering an above-par loan. A par loan is one on which the lender charges zero points. Lenders charge points on loans carrying ...
A lender who specializes in lending to sub-prime borrowers. ...
A federal agency that guarantees mortgage securities that are issued against pools of FHA and VA mortgages. ...
A reduction in the mortgage payment made by a homebuyer in the early years of the loan in exchange for an upfront cash deposit provided by the buyer, the seller, or both. How Temporary ...
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