The mortgage kit
Real Estate Education Co., 1995 - Business & Economics - 269 pages
This user-friendly workbook is filled with helpful advice, checklists, and step-by-step procedures to help home buyers and refinanciers save thousands of dollars on a mortgage. From choosing the right loan to negotiating the best terms and locking in the lowest rate, it gives prospective home buyers the edge they need when shopping for a mortgage.
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The Application Process
Qualifying for a Mortgage Loan
Overcoming Qualification Problems
8 other sections not shown
0.000 For Mortgages 0.000 Remaining Principal 30-year loan Adjustable-Rate Mortgages Age of Loan AMORTIZE A LOAN Appendix balloon loan borrower buyer cash Chapter closing costs COMPARABLE conventional loans credit report debt ratio Deed of Trust document Equity Estimated Factors For Mortgages Fannie Mae FHA loans financing fixed-rate loan fixed-rate mortgage Freddie Mac gage higher homebuyers housing ratio interest rate cap investment property Joe Reilly lncome loan amount loan application Loan-to-Value Ratio lock-in lower LTV ratio Mac Form maximum ment monthly income monthly payment mort mortgage amount mortgage lenders mortgage loan mortgage rate negative amortization old loan old mortgage Original Term payback period payment factor PAYMENT TO AMORTIZE percent Prequalification principal and interest Principal Balance Factors qualify Real Estate Taxes Remaining Principal Balance rent rental Residential second mortgage seller subfect subordinate financing temporary buydown Term of Loan Type of Mortgage underwriter