Loans

August 20, 2007

Drop in profits for the lending companies due to deliquencies in prime loans, says CNNMoney. It was widely reported that the cause of the bubble was due to subprime loans but the biggest impact is coming from second liens, home equity loans that are being defaulted on by the prime market. The full article can be found: CNN Money.

Free Online Loan Officer Training Guide

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

An Introduction To Graduated Payment Loans

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...

What is a mortgage loan?

A mortgage loan is simply a legal agreement of between the buyer of a property and a money lender. The lender agrees to provide some type of financing for the buyer. In this agreement, the home of the buyer itself is considered the security or collateral. Just so you know, the concept or mortgages goes back to ancient Babylon. >> 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...

World Debt Making Economic Crash of USA Likely

• World Debt
• Global Research
• IM Diversity - Part 1
• IM Diversity - Part 1
• IM Diversity - Part 1