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Loan Terminology - Definitions

• Absentee Landlord
• Adjustable Rate Mortgage
• Annual Percentage Yield
• Annuity
• Antichresis
• Appraised Value
• Asset Protection
• Bankruptcy Risk Score
• Benefactor
• Bridge Loan
• Buydown
• Certified Financial Planner
• Credit Rating
• Cross Collateralization
• Debt Consolidation
• Deed
• Down Payment
• Early Repayment Charge
• Earnest Money Deposit
• Effective Annual Interest Rate
• Equity Loan
• Equity Release
• Estate Agent
• Finance Charge
• Financial Literacy
• Flexible Mortgages
• Good Faith Estimate
• HELOC - Home Equity Line of Credit
• Home Loan Disclosure Act
• Interest Only Loans
• Loan to Value
• Mechanics Lien
• Multiple Listing Service
• Mortgage
• Mortgage Bankers
• Mortgage Broker
• Portfolio Lenders
• Pre Qualification
• Promissory Note
• Real Estate Appraiser
• Refinancing
• Second Mortgage
• Shared Appreciation Mortgage
• Unsecured Loan
• VA Loan
• Value Investing
• Verification of Employment

Polls: America's Economic Outlook Best in Almost Two Years

Rasmussen Reports runs a Seven Day Tracking Poll that measures our outlook on the economic conditions in the country.

Here is the question "Are economic conditions in the country getting better or worse these days?"

3500 adults are included in the sample over the course of the seven days, about 500 per day. And they are expected to respond with either: Better, Worse, Same, or Not Sure.

Historically, over the past 18 months, the lowest level for "Better" stood at 8% which was matched in the middle of February (February 12). But folks have become increasingly optimistic as time has passed.

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What are Graduated Payment Loans?

A graduated payment mortgage loan is a type of mortgage that designed to help more people afford more loans. These plans are mostly geared towards young men and women who cannot afford large payments now, but can realistically expect to do better financially in the future. An example might be a medical student who is just about to finish medical school. As a student, he might not have the financial capability to pay for a mortgage loan. >> More...

Loan Types

Mortgage Loan Repayments Interest-Only Loans

If you have taken out a mortgage loan, it is very important, that you know exactly what you are doing. If you are not financially intelligent, a mortgage loan can be a bad idea. However, with proper debt management, it can be one way to reach your personal financial goals

Interest Only Loans

Awareness is part and parcel of proper debt management. In other words, you simply have to know what’s out there. If you are not aware of the choices available to you, how can you possibly make an intelligent decision? Many people suffer through disastrous mortgages because they do not understand the details involved. Don’t let this happen to you. >> More...

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Cross Collateralization, Contract of Antichresis