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What does the concept of ballooning refer to?
A balloon payment mortgage does not fully amortize over the term of the note. Because of this, a balance is due at the time of maturity. The final payment is called a "balloon payment" because of its large size.
When Maturity GAP is positive?
Maturity of asset in portfolio is larger than the maturity of liabilities in the portfolio
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.
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.
How does one remortgage a business?
Someone can remortgage a business by obtaining a mortgage on the business from a bank or loaning agency at the end of the initial mortgage maturity date. Financial advisor's and mortgage experts are available at banks to assist businesses that are looking to remortgage their business.
When are you allowed to move out from your mam?
When you reach the 'age of maturity' for the country (or state) you live in. Below the age of maturity, your parents (or guardian) are legally responsible for your well-being. Additionally, below the age of maturity you cannot legally sign any form of contract - whether that's for a mortgage or a rent agreement !
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.
What does the concept of ballooning refer to?
A balloon payment mortgage does not fully amortize over the term of the note. Because of this, a balance is due at the time of maturity. The final payment is called a "balloon payment" because of its large size.
How do you improve maturity?
You can improve maturity by intelligence. Age also affects maturity of person.
What are the four types of maturity?
The four types of maturity are physical, intellectual, emotional, and social maturity. Physical maturity refers to the development of one's body, intellectual maturity involves cognitive growth and problem-solving skills, emotional maturity relates to understanding and managing one's feelings, and social maturity pertains to interacting effectively with others.
When Maturity GAP is positive?
Maturity of asset in portfolio is larger than the maturity of liabilities in the portfolio
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.
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.
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.
Maturity indices of fruits?
maturity indicates in fruits
What is maturity index of a crop?
maturity index of a crop
