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Blog entries tagged with "mortgage terms":
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Closing Documents You Should Keep
"Every adversity, every failure, every heartache carries with it the seed of an equal or greater benefit." -- Napoleon Hill
Everyone is talking about the bailouts and bills that are moving through Congress. They will spend our taxpayers money to rescue banks and lenders that made risky loans to unworthy borrowers. So why the big to-do? Banks that made bad loans should pay the price, and so should homeowners that got themselves … (37 comments)
Home Buying Glossary 
Acceleration ClauseA provision in a mortgage that gives the lender the right to demand payment of the entire outstanding balance if a monthly payment is missed.Adjustable Rate Mortgage (ARM)A mortgage whose interest rate changes over time based on an index and a margin. Rate changes are made at prescribed times and … (0 comments)
Here are a few of the common mortgage terms you will encounter.
Amortization Period
This refers to the length of time over which all regular payments will pay off the mortgage. Most consumers amortize a mortgage over 25 years, however it can be up to a maximum of 40 years. The shorter the amortization … (0 comments)
10 Must Know Mortgage Terms The Miami condos searchShopping for a new home is fun and exiting. Yet securing financing to buy real estate can be stressful. The more you know about the home mortgage business, however, the smoother your transaction will be. To help you get a handle on financing … (1 comments)
Hayden Gerson is the Branch Manager of America One Mortgage and Realty located in Sherman Oaks California. If you have any questions or would like to speak with Hayden please feel free to call. Hayden can be contacted at (800) 505-7554 or go to his website,Los Angeles Mortgage. … (2 comments)
Mortgage Abbreviations... Being in the mortgage industry for 4 ½ years now you take for granted all of the knowledge that you learn over the years and it soon becomes second nature. I wanted to share with everyone some of the abbreviated lingo that is often … (5 comments)
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After thinking about the whole MMA thing and how they are used in the UK and Australia, I decided to take a look at mortgages in Britain. It's weird because mortgages are basically the same over there, but they use very different language. I took these from the Mortgage250 site over … (0 comments)
I was talking to a client over the weekend at an open house being held by one of my Realtor-partners. I guess there was a surge of shoppers due to the weather or maybe a bus from the local senior center was nearby and taking a detour. I was on the … (3 comments)
Here are a few terms and definitions about the terms and language used in the Atlanta Ga Mortgage market. If you are looking to purchase a Home For Sale in Cartersville, or any metro area home you need to know wht the terms Mortgage mean, and Adjustable rate mortgage,Foreclosure,Atlanta Foreclosures,Interest Rate, … (0 comments)
Got your attention didn't it? You not alone, this is the exact headline you will see on Lending Tree's ad if you search the word "mortgage" on Google. Those little crosses are the only indication that there are applicable terms involved and those crosses don't appear in the ad, but on … (11 comments)
I did the same search and got this off of the HUD site. This opens up a myriad of topics for all to enjoy///explore or request me to attempt to blog about in reference to the mortgage side of blogging.....Here's a list of topics:
By: Ed BrophySynergy MortgageFebruary 17, 2007 
Pre-Qualification consists of a discussion between a home buyer and a loan officer. The loan officer collects basic information regarding the customer's income, monthly debts, credit history and assets, and then uses this information to calculate an estimated mortgage amount for the home buyer. The pre-qualification is not a full mortgage … (2 comments)