Sentences with phrase «by a mortgage»

A type of insurance required by mortgage lenders when buying a home if the home buyer put down less than 20 % of the home's value.

A home warranty is not required by the mortgage company the way homeowner's insurance is.

Mortgage insurance more commonly refers to the coverage that is required by a mortgage lender in order to induce the lender to make you the loan.

There are so many credit scores to purchase online that vary from the scores used by mortgage bankers.

The loans were secured by mortgages on property («Property») owned by the Seller.

The credit score most commonly used by mortgage lenders is also surprising.

All high - ratio mortgages must be covered by mortgage loan insurance (also known as «mortgage insurance»).

Rate offered by our mortgage broker partner is lower than a similar mortgage rate from an eligible lending institution.

But with a single loan secured by mortgage insurance, a home equity loan may be easier to obtain.

These calculators are provided by mortgage lenders and banks to assist the potential home buyers in making a well - informed decision.

A reverse mortgage loan is secured by a mortgage on the home and failure to comply with loan terms could result in foreclosure.

This is the share of the value of a home that is not covered by the mortgage balance, but is actually owned by the applicant.

Investors in securities backed by mortgage loans are unlikely to approve reductions of mortgage amounts.

The fees charged by mortgage brokers in the city depend on your current situation.

It is a loan scenario comparison tool, programmed with only a few key eligibility rules, provided for use by mortgage professionals only.

In fact, these are still used by the mortgage industry when assessing creditworthiness for new mortgages and deciding on interest rates.

In the end, shopping for lenders purely by mortgage rate can lead you to miss other important differences between companies.

Any delay in providing all paperwork asked for by the mortgage company can and does cause huge problems.

Down Payment: The portion of the home price that is not financed by the mortgage loan.

These amounts are usually paid by the mortgage company and charged to the borrower's principal balance.

So, as the mortgage balance falls, the size of the value of the home owned by the mortgage holder increases.

How does the value of loans made by the mortgage scheme compare with the value of assets used for loan security?

All that is really needed is to meet the strict criteria set by mortgage providers.

Data was compiled and analyzed from law enforcement and industry sources to determine those areas of the country most affected by mortgage fraud during 2006.

To access your HELOC funds, you can write a check or use the credit card issued by your mortgage lender.

The bonds themselves are supported by the mortgage payments.

This was caused by mortgage terms that added unpaid interest on to the loan balance, or permitted unlimited adjustments to mortgage rates.

Getting pre-approved by a mortgage lender is a worthwhile process.

To obtain additional information specific to cancelling your mortgage insurance, contact info can usually be found on the annual statement provided by your mortgage servicer.

Victims of mortgage fraud may include borrowers, mortgage industry entities, and those living in the neighborhoods affected by mortgage fraud.

We were told by the mortgage broker that we could «afford» a lot bigger note than what we wanted.

A pool of mortgages with less than 80 % loan to value ratio can be insured by a mortgage default insurer is known as a portfolio insurance.

Mortgage protection insurance is a policy sold by your mortgage company or bank that pays off your outstanding loan upon your death.

Consequently, no credit check can or will be run by the mortgage companies who receive your information.

Credit histories are reviewed by mortgage lenders as one of the underwriting criteria in determining credit risk.

You can be approved by the lender but denied by the mortgage insurance provider.

It is very common for house purchases to be funded by mortgages.

It is allowed by her mortgage and will cut the amortization by 3 years and one month.

You will still be approved by your mortgage lender for a home loan, but they will only provide you with the value of the appraisal.

The survey tracks the volume of online loan applications taken by mortgage lenders and bankers.

The second highest number of open cases went to internet banking at 17 percent, followed by mortgage finance cases at 12 percent.

Typically, homeowners report that they were either contacted directly by a mortgage foreclosure rescue company or came across a Web site while searching for help to stop foreclosure on their home.

We have two properties ready to close with short appraisals, which can mean the buyers have to come up with any extra money not covered by the mortgage amount based on the appraisal.

Your home financing should be handled by a mortgage lender who recognizes the whole picture and creates your Mortgage Analysis Plan built around your goals.

The actual amount is determined by the mortgage insurance provider.

Homeowners insurance is often a requirement by any mortgage company and there may be some guidelines or requirements set out by the lender.

And when these people default, they should go into foreclosure proceeding as dictated by their mortgage contracts.

However, doing this gives your partner some ownership interest in the property, while you would be the only one obligated by the mortgage.

This is the «bible» used by mortgage underwriters when reviewing applicants.