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Mortgage loans are the loans that are obtained by keeping a security against the amount of loan opted for. Most of the population that opt for mortgage loans try to apply for the home mortgage loan.

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โˆ™ 2010-12-18 19:08:42
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Related questions

What is a mortgage loan originator?

Mortgage loan originator is an institution or individual that works with borrower to complete a mortgage transaction.A mortgage originator can be a mortgage broker or mortgage banker & is the original mortgage lender.


Do you still have to pay monthly mortgage if you have a reverse mortgage?

No, the purpose of a reverse mortgage mortgage is to eliminate mortgage payments permanently.


Who is responsible for mortgage on an estate foreclosure?

The estate is responsible for the mortgage.The estate is responsible for the mortgage.The estate is responsible for the mortgage.The estate is responsible for the mortgage.


Is mortgage payments considered federal debt?

If you are speaking of your own mortgage, no.If you are speaking of your own mortgage, no.If you are speaking of your own mortgage, no.If you are speaking of your own mortgage, no.


Where can I compare mortgage rates?

To compare mortgage you can go to websites that have mortgage calculators, you would just search mortgage calculator. With a mortgage calculator you can easily compare mortgage rates.


Can mortgage company foreclose on an estate home in probate?

Yes, if the mortgage is in default.Yes, if the mortgage is in default.Yes, if the mortgage is in default.Yes, if the mortgage is in default.


Why does the second mortgage holder have to approve of the first mortgage refinance?

the first mortgage is collateral for the second mortgage.


Can a home be foreclosed on when the mortgage is in a different name from What is on the deed?

Yes, if the person whose name is on the mortgage owned the property at the time they signed the mortgage. If they subsequently transferred the property, it was transferred subject to the mortgage.If the person who signed the mortgage did not own the property at the time, the mortgage is not enforceable.Yes, if the person whose name is on the mortgage owned the property at the time they signed the mortgage. If they subsequently transferred the property, it was transferred subject to the mortgage.If the person who signed the mortgage did not own the property at the time, the mortgage is not enforceable.Yes, if the person whose name is on the mortgage owned the property at the time they signed the mortgage. If they subsequently transferred the property, it was transferred subject to the mortgage.If the person who signed the mortgage did not own the property at the time, the mortgage is not enforceable.Yes, if the person whose name is on the mortgage owned the property at the time they signed the mortgage. If they subsequently transferred the property, it was transferred subject to the mortgage.If the person who signed the mortgage did not own the property at the time, the mortgage is not enforceable.


What happens to your mortgage when you are hospitalized?

Your mortgage must be paid unless you have arranged for some type of mortgage insurance.Your mortgage must be paid unless you have arranged for some type of mortgage insurance.Your mortgage must be paid unless you have arranged for some type of mortgage insurance.Your mortgage must be paid unless you have arranged for some type of mortgage insurance.


Where can you find Mortgage refinancing in Jacksonville?

There are several companies that offer Mortgage refinancing in Jacksonville. Some of these are: Jacksonville Mortgage, American Equity Mortgage, and Florida Mortgage.


Can I leave a mortgage to my daughter in my will?

Yes, if you are the owner of the mortgage or the mortgagee.Yes, if you are the owner of the mortgage or the mortgagee.Yes, if you are the owner of the mortgage or the mortgagee.Yes, if you are the owner of the mortgage or the mortgagee.


How do you mortgage subordinate?

You can't subordinate a mortgage. One bank, the senior lender, sometimes subordinates their mortgage to a bank who is giving the homeowner a new mortgage. The subordination gives the new mortgage first place and the old mortgage becomes the second mortgage.


What are the current mortgage fixed rates?

The current mortgage fixed rates depend on which bank your mortgage is with and how long your mortgage is for. A Wells Fargo 30 year mortgage is 3.75%.


What is expandable mortgage?

An expandable mortgage is a Mortgage allowing the borrower to borrow more money without rewriting the initial mortgage.


What can a mortgage company do if mortgage had not been paid in 4 years?

What can a mortgage company do if mortgage has not been paid in 4 years


Can the person who holds the mortgage but not the deed sell a house?

No. Not unless there is a default in the mortgage and the mortgagee reserved the power of sale in the mortgage document.No. Not unless there is a default in the mortgage and the mortgagee reserved the power of sale in the mortgage document.No. Not unless there is a default in the mortgage and the mortgagee reserved the power of sale in the mortgage document.No. Not unless there is a default in the mortgage and the mortgagee reserved the power of sale in the mortgage document.


What are some mortgage companies in Connecticut?

There are several mortgage companies available in Connecticut. Some examples of these include, but are not limited to: Capstone Mortgage Co, Generation Mortgage LLC, Noreast Mortgage Services LLC, Reverse Mortgage USA, andTotal Mortgage Services LLC.


What is the role of the mortgage banker?

The mortgage banker functions in a continuum extending from the seller/builder of the property to the seller's agent, to the mortgage borrower, to the mortgagee (the mortgage banker), and to the mortgage investor


If a person left a house in a will with a mortgage payment what happens with the mortgage?

The mortgage has to be resolved. Either it must be sold and the mortgage paid off, or the person inheriting obtains a replacement mortgage.


What Is Variable Mortgage used For?

Variable mortgage is used for things that involve mortgage such as a house. Every time the prime rate changes, so does the mortgage, therefore the mortgage is variable.


Where can I mortgage calculator my mortgage?

A mortgage calculator can be used to determine your mortgage payment after you provide a few simple details. These can be found on most mortgage loan websites or independently such as mortgagecalculator.org.


Fixed Rate Mortgage vs. Interest Only Mortgage?

Fixed Rate Mortgage vs. Interest Only Mortgage A fixed rate mortgage has the same payment for the entire term of the loan. Use this calculator to compare a fixed rate mortgage to Interest Only Mortgage.


Who has a mortgage?

Property and/or homeowners have a Mortgage


How do you become a qualified mortgage lender?

A mortgage lender must be licensed and work within a bank, mortgage bank, or mortgage broker.


What is the purpose of a mortgage calculator?

There are many reasons that one might use a mortgage calculator when looking for a mortgage loan. The main purpose of a mortgage calculator is to determine the worth of a mortgage loan.