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Q: Are all mortgage loans sellable to the government?
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Does ibc bank offer mortgage loans?

Yes. IBC Bank offers mortgage loans, and has 40 different packages you can chose from. IBC is a good bank to get mortgage loans from because they make the process simple, and there are locations all around the United States.


What is the acronym MI in Mortgage terminology?

Mi is mortgage insurance. typically refers to conforming loans over 80% LTV. There is however MI on all FHA loans.


Does a reverse mortgage work for a government loan?

To get a reverse mortgage, ALL of the following must be true: * The borrower is 62 years old or older * The borrower owns their home outright - No mortgages associated with the property - No home equity loans associated with the property - No home equity lines of credit associated with the property * There are no liens associated with the property All reverse mortgages are government approved as they are defined as a government mortgage product.


How do you use a mortgage payoff calculator to determine savings on your mortgage?

You can use to track your mortgages and some other loans that you have. The calculator sums up all your mortgages and other loans or it estimates the number of months that you're paying them.


Where can information on government home loans be found?

The official USA Government website has all of the details and specifications that one could ever need about government home loans and other governmental loans.


Are all student loans issued by the Federal Government?

No..there are also private student loans.


Is mortgage insurance required on manufactured housing loans through FHA?

MIP (mortgage insurance premium) is required on all 30yr fixed FHA loans. 1.5% MIP funding fee, and the monthly 0.5% MIP payment


Where can one apply for a consolidation mortgage loan?

One can apply for a consolidation mortgage loan through the following websites: Quicken Loans, Chase Mortgage, and American Equity Mortgage. All three of these companies will help one with a consolidation mortgage loan.


Is there a website about government loans online?

There is a website about government loans online. This website is called GovLoans. There is plenty of information there about all types of loans such as housing, education, and business.


How high are mortgage fees right now?

The mortgage fees right now are quite low due to the economy. An all time low on many loan types, like the fixed rates loans. If you are looking at a fixed rate mortgage you can find alot of loans for less than 4.5% which is low.


Where can one get a home mortgage quote online?

Home mortgage quotes can be gotten from a variety of different websites. Capital One, Nationwide, Chase, Quicken Loans and Amerisave all offer online mortgage quotes.


What bank provides loans?

All commercial/rural/industrial banks provide loans. The different types of loans available from banks are: 1. Personal Loans 2. Automobile Loans 3. Home Loans (Mortgage Loans) 4. Loan against Securities 5. Gold Loan 6. etc.