Sentences with phrase «lot about home loans»

Don't feel bad — the average home buyer doesn't know a whole lot about home loans.

Not exact matches

If this is your first home, you probably have a lot of questions about mortgages, sometimes called home loans, and how they work.

A lot of potential home buyers believe there are only a few kinds of mortgage plans, but you should be happy to know there are a variety of home loan types and ways to go about financing the purchase of a property.

Looking at it from a lender's perspective, where you land on the credit - scoring scale says a lot about how good you'll be at repaying a home loan.

As these home loans become a very popular option for retiring Americans to tap into their home equity during their golden years, there is a lot to wonder about them.

A land loan allows you to purchase a lot and stake your claim before you ever begin to think about construction, alleviating a few of the unknowns that can come along with a new home build.

The problem with mortgage writedowns is that most taxpayers would consider this vastly unfair — if their neighbor gets a loan written down to the home's worth and they don't it would fuel plenty of resentment and probably lead to a lot more strategic defaults — why would anyone feel bad about blowing off a mortgage when doing the right thing just makes you a chump?

Loan origination fees are generally about 1 % of the total cost of the home loan, which may not initially seem like a lot of money until you consider that on a $ 200,000 mortgage, your origination fee will come to $ 2,000, give or tLoan origination fees are generally about 1 % of the total cost of the home loan, which may not initially seem like a lot of money until you consider that on a $ 200,000 mortgage, your origination fee will come to $ 2,000, give or tloan, which may not initially seem like a lot of money until you consider that on a $ 200,000 mortgage, your origination fee will come to $ 2,000, give or take.