Sentences with phrase «mortgage equity»
They look at your credit score, job situation but for private second mortgages the equity in your home is the key factor in private money lending.
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«We are thrilled and honored to have Stepstone join the MEP family,» said Sean Riley, President and CEO of Mortgage Equity Partners.
Sean Riley, the President, CEO, and General Counsel of Mortgage Equity Partners, will be moderating the Cyber Security - Overseeing your IT Department panel discussion at the New England Mortgage Bankers Conference («NEMBC») this year in Newport, RI.
Since that post, we've seen home prices continue to tumble and the precipitous decline of net mortgage equity withdrawals (essentially, the amount of home equity... Continue Reading
When borrowers hear the definition of a Home Equity Conversion Mortgage Line of Credit (HECM LOC), also known as a reverse mortgage equity line of credit, they are sometimes unsure how it differs from a traditional Home Equity Line of Credit (HELOC).
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When borrowers hear the definition of a Home Equity Conversion Mortgage Line of Credit (HECM LOC), also known as a reverse mortgage equity line of credit, they are sometimes unsure how it differs from a traditional Home Equity Line of Credit (HELOC).
A: Once Mortgage Equity Partners makes the loan it will be sold.
President of Stepstone Mortgage, Conrad Rousseau is excited to join Mortgage Equity Partners as Branch Manager of the Marblehead, Mass. office.
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That affects Mortgage Equity Withdrawal [MEW] and derivatively, consumption.
In theory, overpaid mortgage equity is money that could still be accessed (provided house prices don't decline and remortgaging is a possibility).
Similar programs can be found for specific mortgage companies, including the Countrywide Rewards Platinum Visa ($ 50 payment to principal for every 2,500 points), and the GMAC Mortgage Equity Rewards MasterCard ($ 25 payment to principal for every 2,500 points).
This is an adequate amount of money for most families» burial, mortgage equity protection, and end of life expenses.
A similar, but not identical bill, has been introduced in the House of Representatives — H.R. 363, the «Housing Opportunity and Mortgage Equity Act of 2011,» introduced by Representative Dennis Cardoza (CA - D).
Mortgaging the equity in your home is a big risk if you do not eliminate all of your unsecured debts and you can not keep up with all of your debt payments.
Hints of diminishing consumer spending (think rising gas prices, for example), as well as the consumer - spending impact of mortgage equity withdrawals, also have Rush concerned.
Mortgage Equity Partners sells both the loan and the servicing.
About the author: The above Real Estate information on A guide to mortgage equity loan options was provided by Bill Gassett, a Nationally recognized leader in his field.
Mortgage Equity Partners is a customer centric lender founded in 2009.
Mortgage Equity Partners is committed to improving the mortgage industry by supporting the NEMBC.
He takes great pride in now being able to provide outstanding products and services to his customers under the Mortgage Equity Partners brand.
Mortgage Equity Partners serves clients in Massachusetts, Maine, New Hampshire and Florida.
We'll use your mortgage equity to pay off your bills sooner and at a lower rate.
Hubris permeated the Fed, and Mortgage Equity Withdrawal fueled consumers, until there was nothing more to borrow against, leading to...
Longer term loans have lower monthly payments and pay more interest over the life of the loan, taking longer to build equity and pay off the mortgage
Lower term loans have higher monthly payments and pay less interest over the life of the loan, take less time to build equity and pay off the mortgage