0
what is a yield on a mortgage
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
A borrower in a mortgage transaction is called?
mortgagor
How many days must a transaction be placed in a mortgage transaction log?
2 days
How to do ARM mortgage loan balance and yield calculation?
http://www.propertyreturns.co.nz/z_est_cashflow.htm
What is the difference between wholesale and retail mortgage?
A wholesale mortgage is done through a broker who then originates it with the bank that funds the loan. A retail mortgage is originated directly with the bank that will fund the transaction.
What does it mean to close on a mortgage loan?
That means the mortgagors meet with the lender's attorney and sign all the documents, the transaction is completed and the mortgage is recorded in the land records. It's a done deal.That means the mortgagors meet with the lender's attorney and sign all the documents, the transaction is completed and the mortgage is recorded in the land records. It's a done deal.That means the mortgagors meet with the lender's attorney and sign all the documents, the transaction is completed and the mortgage is recorded in the land records. It's a done deal.That means the mortgagors meet with the lender's attorney and sign all the documents, the transaction is completed and the mortgage is recorded in the land records. It's a done deal.
What is a Yield Maintenance Fee?
A fee paid by a mortgage holder as a prepayment premium in order to attain the same yield they would have if they had paid all payments to maturity.
How does the word unyielding spread in syllables?
un-yield-ing
Who can amend the clauses of a deed of trust?
A deed of trust is the form for a mortgage in some states. Only the original parties to the transaction can amend it. Amending a deed of trust may require a reconveyance by the trustee.A deed of trust is the form for a mortgage in some states. Only the original parties to the transaction can amend it. Amending a deed of trust may require a reconveyance by the trustee.A deed of trust is the form for a mortgage in some states. Only the original parties to the transaction can amend it. Amending a deed of trust may require a reconveyance by the trustee.A deed of trust is the form for a mortgage in some states. Only the original parties to the transaction can amend it. Amending a deed of trust may require a reconveyance by the trustee.
What is a cognovit note?
It is a combination of promissory note and chattel mortgage according to which the borrower waives his right of action to the chattel mortgage in the event of failure to pay the sum agreed in the transaction.
Can you get a mortgage loan without any actual real estate transaction involved?
A mortgage loan is a loan secured by real property through the use of a mortgage note which evidences the existence of the loan and the encumbrance of that realty through the granting of a mortgage which secures the loan by a forced sale.
What is the name for one thousandth of a dollar?
It is referred to as a "Basis Point" this term is often used to express the change or spread on mortgage & other lending rates that trade fractional higher or lower on any given day. This also express's a " Yield".
How do you buy out a spouse's mortgage?
You must pay off the mortgage and refinance. As part of the transaction your spouse must convey their interest in the real estate to you then you can refinance in your own name providing you qualify according to to the lenders requirements.You must pay off the mortgage and refinance. As part of the transaction your spouse must convey their interest in the real estate to you then you can refinance in your own name providing you qualify according to to the lenders requirements.You must pay off the mortgage and refinance. As part of the transaction your spouse must convey their interest in the real estate to you then you can refinance in your own name providing you qualify according to to the lenders requirements.You must pay off the mortgage and refinance. As part of the transaction your spouse must convey their interest in the real estate to you then you can refinance in your own name providing you qualify according to to the lenders requirements.
