Sentences with phrase «mortgage on a particular property»

Not exact matches

Mortgage loans rates and closing costs and fees vary based on many factors, including your particular credit and financial circumstances, your earnings history, the loan - to - value requested, and the type of property that will secure your loan.

You can also ask the seller if they will write up a mortgage on the property for you if the property has no liens, judgments or current mortgage on that particular piece of real estate.

A mortgage is simply a particular kind of term loan — one secured by real property — and in a term loan, the borrower pays interest calculated on an annual basis against the outstanding balance of the loan.

The money is extended to you as a standard mortgage for the first or second time on that particular property.

House hunters have a variety of terms, interest rates, closing costs and other considerations to think about when applying for an FHA mortgage loan on a particular property; one of the most important decisions is the length of the loan itself.

Regulation X prohibits the use of an average charge for any settlement service if the charge for the service is based on the loan amount or property value, such as transfer taxes, interest charges, reserves or escrow, or any type of insurance, including mortgage insurance, title insurance, or hazard insurance, and also requires the settlement service provider to retain all documentation used to calculate the average charge for a particular class of transactions for at least three years after any settlement for which that average charge was used.