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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 | 475 Views
Interesting Question?   (6)   (4)
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 | 547 Views
Interesting Question?   (11)   (5)
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 | 506 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 | 435 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 | 441 Views
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What Does a Reverse Mortgage Specialist Do?
0 Answers | 820 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 | 450 Views
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What is a Mortgage Backed Security?
Mortgage Backed Security is a type of asset backed security. It is secured by a mortgage or collection of mortgages.
1 Answers | 608 Views
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What is an upside down mortgage?
0 Answers | 631 Views
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What is a Mortgage Application?
0 Answers | 621 Views
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What is an Assumable Mortgage?
0 Answers | 612 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 | 486 Views
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What is a Novated lease?
A novated lease is beneficial for both the employers and the employee as it helps an employee in tax savings and is also profitable for an employer as with less amount of...
1 Answers | 850 Views
Interesting Question?   (2)   (8)
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 | 711 Views
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What is a Closed-End Mortgage?
0 Answers | 647 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 | 828 Views
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What is a FHA Mortgage?
0 Answers | 634 Views
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What is Mortgage Fraud?
0 Answers | 614 Views
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