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  • Member Since: July 24, 2018

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Mortgage loan modification

Mortgage loan modification A mortgage loan modification is a change in your loan terms. The modification is a type of loss mitigation.

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Mortgage insurance

Mortgage insurance Mortgage insurance protects the lender if you fall behind on your payments. Mortgage insurance is typically required if your down payment is less […]

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Mortgage closing costs

Mortgage closing costs Mortgage closing costs are all of the costs you will pay at closing. This includes origination charges, appraisal fees, credit report costs, […]

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Mortgage closing checklist

Mortgage closing checklist A mortgage closing checklist is a list of steps that you can use to prepare and learn what to expect.  It can […]

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Mortgage

Mortgage A mortgage is an agreement between you and a lender that allows you to borrow money to purchase or refinance a home and gives […]

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Monthly expenses

Monthly expenses This is how much you spend every month. It can include, but is not limited to, recurring obligations like rent or mortgage payment, […]

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Margin

Margin The margin is the number of percentage points added to the index by the mortgage lender to set your interest rate on an adjustable-rate […]

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Loss mitigation

Loss mitigation oss mitigation refers to the steps mortgage servicers take to work with a mortgage borrower to avoid foreclosure. Loss mitigation refers to a […]

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Loan-to-value ratio

Loan-to-value ratio The loan-to-value (LTV) ratio is a measure comparing the amount of your mortgage with the appraised value of the property. The higher your […]

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Loan modification

Loan modification A mortgage loan modification is a change in your loan terms. The modification is a type of loss mitigation. A modification can reduce your […]

302 total views, 0 today

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