Sentences with phrase «company on conventional mortgage»
Private mortgage insurance (PMI): Insurance against default issued by a private company on conventional mortgage loans.
http://www.richdad.com/ Not exact matches
VA rates are more than 25 basis points (0.25 %) lower than conventional rates on average, according to data collected by mortgage software company Ellie Mae.
VA rates are more than 25 basis points (0.25 %) lower than conventional rates on average, according to data collected by mortgage software company Ellie Mae.
Unfortunately for FHA, mortgage lenders, and conventional mortgage insurance companies that absorb losses on foreclosures, those who elect to walk away from their mortgages don't appear to care that their credit scores and ability to qualify for home loans can be seriously impacted.
The rapid increase in FHA insured mortgage loans is evidently perceived as a threat to MGIC, the nation; s largest insurer of conventional mortgage loans; the company has unveiled a plan for charging lower premium costs based on borrower credit scores.
Conventional Mortgage Loans: Loans of up to 80 % of the appraised value or purchase price, whichever is less on improved real estate, without the support of a guarantee provided by a governmental agency or private mortgage insurance companMortgage Loans: Loans of up to 80 % of the appraised value or purchase price, whichever is less on improved real estate, without the support of a guarantee provided by a governmental agency or private mortgage insurance companmortgage insurance company (PMI).
Insurance Mortgage Loans: Loans of between 81 % and 95 % of the appraised value or purchase price, whichever is less, on improved real estate supplemented by guarantee of a private mortgage insurance company for that portion of the loan which exceeds the Bank's conventional loan - to - valuMortgage Loans: Loans of between 81 % and 95 % of the appraised value or purchase price, whichever is less, on improved real estate supplemented by guarantee of a private mortgage insurance company for that portion of the loan which exceeds the Bank's conventional loan - to - valumortgage insurance company for that portion of the loan which exceeds the Bank's conventional loan - to - value ratio.
Mortgage Clerk • Process basic and specific loan files including FHA, VA and Conventional • Control and resolve customer / bank attorney / sales force inquiries on phone or in person • Ensure all forms and lists related to a certain product are complete • Prepare files for underwriting and closing • Prepare files for submission to MI companies • Ensure mortgage compliance • Provide advice and guidance to management aMortgage Clerk • Process basic and specific loan files including FHA, VA and Conventional • Control and resolve customer / bank attorney / sales force inquiries on phone or in person • Ensure all forms and lists related to a certain product are complete • Prepare files for underwriting and closing • Prepare files for submission to MI companies • Ensure mortgage compliance • Provide advice and guidance to management amortgage compliance • Provide advice and guidance to management and staff
The company's business model is based on selling properties to consumers who, for various reasons, can not qualify for conventional mortgage financing to immediately purchase a home.
VA rates are more than 25 basis points (0.25 %) lower than conventional rates on average, according to data collected by mortgage software company Ellie Mae.