redwormcompost's picture
From redwormcompost rss RSS  subscribe Subscribe

A Simple Glossary of Mortgage Terms 

Welcome to rygetfinancialhelp.com
Get Loan Offers! Mortgage Calculator Mortgage Glossary Debt Reduction Fair Housing Act
Whether you are looking to buy, refinance or find options to help you save your home, we have the resources you need.
plus you can Receive up to 4 qualified offers on your loan!
just fill out the form to recive your 4 free offers
http://www.rygetfinancialhelp.com

 

 
 
Tags:  Fair Housing Act  refinance  Mortgage Calculator  Mortgage Glossary  Debt Reduction 
Views:  40
Published:  May 19, 2012
 
0
download

Share plick with friends Share
save to favorite
Report Abuse Report Abuse
 
Related Plicks
Pay Day Loan Offers

Pay Day Loan Offers

From: redwormcompost
Views: 59 Comments: 0
Welcome to rygetfinancialhelp.com
Get Loan Offers! Mortgage Calculator Mortgage Glossary Debt Reduction Fair Housing Act
Whether you are looking to buy, refinance or find options to help you save you (more)

 
Credit Loans Online Fast - 4 Blazing Loan Offers Today Means One Great Loan For You

Credit Loans Online Fast - 4 Blazing Loan Offers Today Means One Great Loan For You

From: redwormcompost
Views: 78 Comments: 0
Welcome to rygetfinancialhelp.com
Get Loan Offers! Mortgage Calculator Mortgage Glossary Debt Reduction Fair Housing Act
Whether you are looking to buy, refinance or find options to help you save you (more)

 
Basic Credit Union Mortgage Glossary

Basic Credit Union Mortgage Glossary

From: redwormcompost
Views: 64 Comments: 0
Welcome to rygetfinancialhelp.com
Get Loan Offers! Mortgage Calculator Mortgage Glossary Debt Reduction Fair Housing Act
Whether you are looking to buy, refinance or find options to help you save you (more)

 
Loans Offered by Mortgage Lenders

Loans Offered by Mortgage Lenders

From: redwormcompost
Views: 65 Comments: 0
Welcome to rygetfinancialhelp.com
Get Loan Offers! Mortgage Calculator Mortgage Glossary Debt Reduction Fair Housing Act
Whether you are looking to buy, refinance or find options to help you save you (more)

 
Best Mortgage Rates - Finding Them on the Web

Best Mortgage Rates - Finding Them on the Web

From: redwormcompost
Views: 57 Comments: 0
Welcome to rygetfinancialhelp.com
Get Loan Offers! Mortgage Calculator Mortgage Glossary Debt Reduction Fair Housing Act
Whether you are looking to buy, refinance or find options to help you save you (more)

 
Auto Loan Offers - Where to Find the Best Deals, Especially If You Have Bad Credit

Auto Loan Offers - Where to Find the Best Deals, Especially If You Have Bad Credit

From: redwormcompost
Views: 100 Comments: 0
Welcome to rygetfinancialhelp.com
Get Loan Offers! Mortgage Calculator Mortgage Glossary Debt Reduction Fair Housing Act
Whether you are looking to buy, refinance or find options to help you save you (more)

 
Are You in Dire Need of Urgent Cash - Payday Loans Offer Help!

Are You in Dire Need of Urgent Cash - Payday Loans Offer Help!

From: redwormcompost
Views: 65 Comments: 0
Welcome to rygetfinancialhelp.com
Get Loan Offers! Mortgage Calculator Mortgage Glossary Debt Reduction Fair Housing Act
Whether you are looking to buy, refinance or find options to help you save you (more)

 
See all 
 
More from this user
Information on the Mortgage Relief Act

Information on the Mortgage Relief Act

From: redwormcompost
Views: 380
Comments: 0

Getting A Forex Trading Account That Fits You

Getting A Forex Trading Account That Fits You

From: redwormcompost
Views: 309
Comments: 0

Homemade Aquaponics System

Homemade Aquaponics System

From: redwormcompost
Views: 391
Comments: 0

iZigg Mobile Review - Does iZigg Mobile Marketing (90210) Really Work

iZigg Mobile Review - Does iZigg Mobile Marketing (90210) Really Work

From: redwormcompost
Views: 313
Comments: 0

Does Aquaponics Really Work A Brief Explanation Of Aquaponics Systems

Does Aquaponics Really Work A Brief Explanation Of Aquaponics Systems

From: redwormcompost
Views: 324
Comments: 0

 
See all 
 
 
 URL:          AddThis Social Bookmark Button
Embed Thin Player: (fits in most blogs)
Embed Full Player :
 
 

Name

Email (will NOT be shown to other users)

 

 
 
Comments: (watch)
 
 
Notes:
 
Slide 1: ==== ==== Get Loan Offers! Mortgage Calculator Mortgage Glossary Debt Reduction Fair Housing Act http://www.rygetfinancialhelp.com ==== ==== Adjustable Rate Mortgage(ARM) - A mortgage where the interest rate is not fixed, but changes during the life of the loan in line with movements in an index rate. Adverse Mortgage - Also referred to as Bad or poor credit mortgages. For those with a poor credit history, CCJ's, defaults on loan payments etc. Agent - Agent The person who is acting on behalf of the principal or client. Amortization - The reduction of a debt by regular, usually monthly, instalments of principal and interest. Application - The method by which a mortgage is applied for. The initial statement of personal and financial information which is required to approve your loan Application Fee - A Fee that is paid upon mortgage application. Appraisal - A fee charged by an appraiser to render an opinion of market value as of a specific date. Appraised Value - An estimate of the market value of the home and property that the borrower pledges as security for the mortgage. Assets - The things of value that you own, such as your home, car or summer home. Borrower - A person who has been approved to receive a loan and is then obligated to repay it and any additional fees according to the loan terms. Bridging Finance - A short term loan meant to bridge a financing gap, such as when you may face a delay receiving an agreed mortgage and you may need to pay the deposit on a property to secure it. Broker - The person who brings both borrower and Lender parties together and assists in negotiating contracts between them. Cap - The maximum allowable increase, for either payment or interest rate, for a specified amount of time on an adjustable rate mortgage. Commercial Mortgage - A mortgage specifically for commercial properties such as shops, factories, pubs, restaurants etc.
Slide 2: Credit Report - A report outlining an individuals credit history, public records and credit worthiness. A history of an individuals ability to pay their bills on time as well as any other relevant public records. Default - The failure of a borrower to comply with the terms of a mortgage. Deposit - A sum of cash that must be paid to the vendor by the purchaser. Equity - The difference between the fair market value (appraised value) of your home and your outstanding mortgage balance. Fixed Rate Mortgage - A mortgage loan with an interest rate that does not change during the entire loan term. Foreclosure - The legal process by which property that is mortgaged as security for a loan may be sold to pay a defaulting borrower's loan. Interest Rate - A charge for a loan usually a percentage of the amount loaned. Lender - An individual or company that offers to lend money for an agreed period of time. Loan - Money borrowed that is usually repaid with interest. Loan To Value (LTV) - A ratio determined by dividing the sales price or appraised value into the loan amount, expressed as a percentage. Mortgage - A legal document that pledges property to a lender as security for the repayment of the loan. Principal - The amount of the loan on which interest is calculated. Rate (interest) - The annual percentage amount charged in return for borrowing funds. Refinance or Refinancing - When an existing mortgage is replaced by a new mortgage. Repayment Mortgage - You pay interest and part of the capital each month to pay off your mortgage completely at the end of the mortgage term. Security - Property, or assets, offered as backing for a loan. Looking for a low rate commercial mortgage? Commercial mortgage brokers Commercial Lifeline can help you to save on your commercial mortgage by explaining your commercial finance options. This article comes with reprint rights. Feel free to reprint and distribute as you like. All that we ask
Slide 3: is that you do not make any changes, that this resource text is include, and that the links above are intact. Article Source: http://EzineArticles.com/?expert=Ken_Barnes ==== ==== Get Loan Offers! Mortgage Calculator Mortgage Glossary Debt Reduction Fair Housing Act http://www.rygetfinancialhelp.com ==== ====

   
Time on Slide Time on Plick
Slides per Visit Slide Views Views by Location