Making Mortgages Work for YouThis revision of the bestselling The New Mortgage Game lays out in cl ear, simple English everything consumers need to know to make the most profitable decisions about real estate financing. Illustrated. |
Contents
Introduction | 1 |
The Difference between FixedRate Mortgages | 15 |
Do They Really Make ARMS Safer? | 24 |
Copyright | |
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Common terms and phrases
12 percent 20 percent 30-year mortgage adjustment period allowed for mortgage Amount P&I price assumed for taxes borrower borrower's broker Carl cash chapter closing costs creative financing credit history deal deficiency judgment Dorothy due-on-sale clause equity example FHA loan FHA mortgage fixed-rate mortgage foreclosure gage gross monthly income Income to qualify interest rate cap introductory discount investor loan amount margin Maximum mortgage Monthly Maximum payment Amount Maximum price Monthly ment month monthly income allowed monthly payment cap mort mortgage amount mortgage interest rate mortgage payment mortgagor negative amortization P&I price Monthly paid payment Amount P&I prepayment prepayment penalty price Monthly Annual private mortgage insurance problem purchase price assumed real estate refinance refinancing Robert Irwin savings and loan second mortgage seller Shirley steps Susan taxes and insurance third mortgage Treasury securities trust deed typically usually VA loan