Kind of siding for wood frame houses where the joints in the usually vertical siding are covered by narrow strips of wood called battens. The battens are nailed over the joints. ...
Interim loans from banks to other lenders for their underwritten stocks or bonds. The stocks and bonds are issued to investors, household and institutional, for their portfolios.
A ...
Government program of providing low interest rate mortgages to low-income
qualified buyers. In the tandem program, the Federal National Mortgage Association (FNMA) purchases low interest ...
Fixed interest rate loan in which the payments are made every two weeks, but the payment is one half the amount of a regular monthly fixed-rate mortgage with the same amortization schedule. ...
Are you wondering what is the difference between being prequalified and preapproved for a loan? Do you always get confused because they seem pretty much the same thing, right? But there is ...
A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance) to your monthly gross income. Lenders use this ratio to qualify you for a loan. ...
An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-term debt) to your monthly gross income. Lenders use this ratio-sometimes called the ...
Do real estate agents work with home renters? Yes, they do.
To be honest, real estate agents are willing to work with everyone. There are some who are specialized in sales and not rentals, ...
A penalty fee charged for paying off a mortgage early, thus allowing banks to still make money off of the loan in the event that you inherit a small fortune. Most loans these days do not ...
Developed by a successful management consultant in the ‘60s named Albert S. Humphery, the SWOT analysis is still in use today at management level. It starts with a goal in mind, a ...
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