Yes, an FHA loan is a special program for first time home-buyers. It offers you a first time home buyer credit and is a form of government assistance.
No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.
It is false. A mortgage is a secured loan. The house itself is the security.
Depending on the type of loan one is looking for, there are a few different options. One may approach ones personal bank and inquire about mortgage loan options. One may apply for one of the government sponsored loan programs. If one has the qualifications, one may be able to secure a VA loan. There are also many mortgage companies which specialize in matching the right loan to each individual.
Yes. There are 2 ways to refer to a mortgage loan: 1) Lien position on the title (1st mortgage, 2nd mortgage) 2) Product type (loan type: 1st mortgage, home equity loan, home equity credit line) If you only need to borrow $10,000 for example, this will not meet the minimum loan amount for a first mortgage with most lenders. Therefore you may obtain a "home equity loan" which is more often used as a second mortgage, but it will be the primary loan on the home.
There are many companies that offer one a fixed loan rate mortgage. One can get this type of mortgage from 'Capital One', 'Integrity Home Loan', 'National Mortgage Alliance' and 'First Rate'.
No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.
It is false. A mortgage is a secured loan. The house itself is the security.
Depending on the type of loan one is looking for, there are a few different options. One may approach ones personal bank and inquire about mortgage loan options. One may apply for one of the government sponsored loan programs. If one has the qualifications, one may be able to secure a VA loan. There are also many mortgage companies which specialize in matching the right loan to each individual.
Yes. There are 2 ways to refer to a mortgage loan: 1) Lien position on the title (1st mortgage, 2nd mortgage) 2) Product type (loan type: 1st mortgage, home equity loan, home equity credit line) If you only need to borrow $10,000 for example, this will not meet the minimum loan amount for a first mortgage with most lenders. Therefore you may obtain a "home equity loan" which is more often used as a second mortgage, but it will be the primary loan on the home.
There are many companies that offer one a fixed loan rate mortgage. One can get this type of mortgage from 'Capital One', 'Integrity Home Loan', 'National Mortgage Alliance' and 'First Rate'.
Conventional Mortgage
Freddie Mac is a government-sponsored corporation that buys home mortgages and sells them as mortgage-backed securities.
If you have just filed bankruptcy, you will not be barred from ever obtaining a mortgage loan; however, you will not be able to get one immediately. When you can get a mortgage after bankruptcy will depend upon the type of loan you want, the type of bankruptcy you filed, and how good your credit is at the time you want the loan.
what type of grant would help to pay off a mortgage of about $35,000 loan for senioir citizens?
An equity home mortgage is a type of loan which the buyer uses the equity of the home as a collateral. This type of loan is very risky because one's own home is in danger.
A mortgage is a mortgage is a mortgage, right? Wrong! There are many mortgage products on the market now, so it's important for you to do your homework to determine which type is best for you, and which bank, savings and loan, mortgage bank, finance company or credit union offers the best terms for that type of loan. <a href=http://www.helpmortgage.net rel"dofollow">Mortgage Deals</a>
ARM loan stands for 'Adjustable-Rate Mortgage". It is a type of financing used to purchase a home. It's a mortgage loan with interest rates that changes periodically.