A Mortgage
Wed, 30 Jan 2008 07:00:06 -0700
by A Mortgage @ Wed, 30 Jan 2008 07:00:06 -0700
part 2 part 1 …I get asked all the time about what different mortgage approvals mean. Loan officer throw terms like pre-qual, pre-approval and loan commitment around so much, that the average homeowner or even Realtor doesn’t know when the loan is actually approved. I hope this simple breakdown helps!… part II below Conditional Loan FHA (HUD0 insures then insures the loan and pays the lender if the borrower defaults on the mortgage. The protection offered by FHA mortgages to lenders allows them to be more liberal with their terms than the prospective homeowner might otherwise obtain....
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Mon, 28 Jan 2008 07:00:03 -0700
by A Mortgage @ Mon, 28 Jan 2008 07:00:03 -0700
Lending figures contrast, but RICS says slowdown is underway October 24th, 2007 Lending figures contrast, but RICS says slowdown is underway Two new sets of data have given differing assessments of current mortgage lending, but the Royal Institution of Chartered Surveyors (RICS) is certain the market is decelerating The mortgage itself is made by a bank, a savings and loan association, a mortgage company, a credit union, or any other lender. For it to become an FHA mortgage loan, the lender would have to be approved by the Federal Housing Administration....
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Sun, 27 Jan 2008 19:00:08 -0700
by A Mortgage @ Sun, 27 Jan 2008 19:00:08 -0700
Lloyds: Islamic demand soaring October 21st, 2007 Lloyds: Islamic mortgage demand soaring Changing circumstances have made it easier for lenders to offer mortgages suitable for Muslims, according to Lloyds TSB, causing a sharp rise in demand for these products. A new study has blamed the launch of HIPs behind house price rises? The first logical place you might want to look for home mortgages is at the bank where you have your checking or savings account. However, this shouldn't be the only place you ought to look....
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Sun, 27 Jan 2008 07:00:04 -0700
by A Mortgage @ Sun, 27 Jan 2008 07:00:04 -0700
The Journal reports that 3.55% of option ARMs originated by Countrywide (NYSE: CFC) are at least 60 ...Option ARMs -- I call these the upside-down mortgages -- are now showing signs of weakness according to the Wall Street Journal today. While shopping around for a lender, ask each for a list of charges and costs you must pay at closing....
Blog tag: A Mortgage
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