Paying off on old loan while simultaneously taking a new one. Borrowers may refinance
to reduce Interest Cost or to raise cash. These are very diffe ...
Same as term real estate investment trust (REIT): Type of investment company that invests money in mortgages and various types of investment in real e ...
The repayment of principal from scheduled mortgage payments that exceed the interest due. The scheduled payment is the payment the borrower is obliged ...
Mortgage guaranteed up to 30 years by the Veterans Administration to veterans meeting minimum requirements. Originally established by the Servicemen's ...
Interest from the day of closing to the first day of the following month. To
simplify the task of loan administration, the accounting for all home lo ...
Type of investment company that invests money in mortgages and
various types of investment in real estate, in order to earn profits for shareholders. ...
The difference between being prequalified and preapproved is simple:
If you\'re prequalified it means that you POTENTIALLY could get a loan for the ...
A loan-to-value ratio is used by lenders to state how much you have financed. If you put down 20 percent on a purchase, you finance 80 percent and hav ...
A principle of insurance which provides that when a loss occurs, the insured should be restored to the approximate financial condition occupied before ...
Every person has a different idea of what financial security means. If so, should happen to you, how much money would you family need? You should cons ...
You might think, \"Why do I need insurance, I\'m renting?\" Well, even though your landlord probably has an insurance policy on your building, you\'ll ...
Read why Real Estate Agent rates
5
Stars in 10 Agent Reviews
Have a question or comment? We're here to help.