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What is a Long Term Mortgage?
A long term mortgage is extended beyond the life of a typical loan which is 15-30years long. It can last for 40years or more.
1 Answers | 418 Views
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What is a Blanket Mortgage?
It is a type of financing that creates lien on two or more real estate properties. Instead of taking a mortgage on each property, the buyer can take out one mortgage on t...
1 Answers | 484 Views
Interesting Question?   (11)   (4)
What is a Multifamily Mortgage?
Is a kind of loan for properties that can accommodate more than four families like apartment buildings and complexes. In most cases, the financing is almost the same as w...
1 Answers | 454 Views
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Is applying for a mortgage online safe?
A mortgage application process is not completely approved online since there are still paperwork and other documents you need to submit and provide offline. It just gets ...
1 Answers | 392 Views
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What is a Two-Step Mortgage?
A two step mortgage is a type of mortgage where in for a period of 5 or 7 years, the interest rate is fixed. After this predetermined period, the rate is adjusted accordi...
1 Answers | 382 Views
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What is a Mortgage Buy Down?
A mortgage buy down is an arrangement of the lender and the borrower wherein they agree on the terms of payment to lower the interest. An example of which is an agreement...
1 Answers | 0 Views
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What is a Conventional Mortgage?
It is a mortgage neither guaranteed by Government sponsored entities such as VA and FHA.
1 Answers | 396 Views
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What is an upside down mortgage?
0 Answers | 561 Views
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What is a Mortgage Application?
0 Answers | 552 Views
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What is an Assumable Mortgage?
0 Answers | 550 Views
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What is a Mortgage Processor?
A mortgage processor is a financial advisor who usually work for banks, brokers, and other companies that offer loans. The processor verifies materials for a mortgage app...
1 Answers | 435 Views
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What is a Chattel Mortgage?
A chattel mortgage is a loan wherein a movable asset is used as collateral. After the mortgage has been paid in full, the collateral or movable asset would be returned t...
1 Answers | 649 Views
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What is a Closed-End Mortgage?
0 Answers | 583 Views
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What is a Mortgage Calculator?
0 Answers | 0 Views
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How do you Calculate Mortgage Interest?
0 Answers | 750 Views
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What is Mortgage Fraud?
0 Answers | 552 Views
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What are the different types of mortgage fees?
Mortgage fees are different amounts you pay for transactions of mortgage application up to paying it off. There are different legitimate fees such as mortgage origination...
1 Answers | 378 Views
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What are Mortgage Fees?
0 Answers | 518 Views
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What is Mortgage Debt?
0 Answers | 503 Views
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What is a Master Mortgage?
A master mortgage is the documentation of a lien on a property filed for public land as a standard procedure.
1 Answers | 377 Views
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