What Is A Conventional Mortgage | Realestateagent.com

Answer for "What is a conventional mortgage?"

Michelle Houze

RE/MAX Platinum Realty

A conventional mortgage is a mortgage made by banks and other lending institutions that is not insured by the Federal Housing Administration.

This calculator will amortize your mortgage over the loan period based on your input. To see a break ...

Underwriting is the process of evaluating a loan to determine whether the loan is a good risk. ...

Over 90% of all presidential-declared disasters in the United States are flood related. Leveling for ...

A borrowers other debts, such as auto loans and credit cards, figured into the debt-to-income ratio. ...

A loan origination fee is a fee charged by the lender-usually 1 percent of the loan amount. ...

A morgagee is the lender. ...

Insurance against interruption of supply of goods and services. If firm A depends on firm B for its ...

Levy charged to use something such as water supplied by the town. ...

Nonprofit charitable entity, such as one providing housing for the homeless. ...

Projecting what the total cost would be to construct a structure. Costs include material, labor, and ...

Act of obtaining land through condemnation. For example, when in interstate highway must be constr ...

Method of determining whether or not coverage is available for a specific claim. If a claim is made ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews