Sentences with phrase «of timely mortgage payments»

Homeowners that participate in post-closing counseling, and have a track record of timely mortgage payments, receive an additional 15 basis point reduction in annual MIP.

Not exact matches

Mortgage lenders see your credit score as an indicator of how likely you are to make timely payments and fulfill the terms of the mortgage loan you're reqMortgage lenders see your credit score as an indicator of how likely you are to make timely payments and fulfill the terms of the mortgage loan you're reqmortgage loan you're requesting.

A part of the Department of Housing and Urban Development, Ginnie Mae guarantees the timely payment of mortgage bonds that include federally insured or guaranteed loans, such as FHA mortgages.

With his mortgage in jeopardy from lack of timely payments and his granddaughter needing help with tuition, he's in a very tight spot.

A good mortgage - qualifying score is possible after roughly 3 - 4 years of timely payments and low debt.

How timely do you make your mortgage payment, a car payment, or pay on the balance of your personal credit cards.

Mortgage lenders see your credit score as an indicator of how likely you are to make timely payments and fulfill the terms of the mortgage loan you're reqMortgage lenders see your credit score as an indicator of how likely you are to make timely payments and fulfill the terms of the mortgage loan you're reqmortgage loan you're requesting.

This looks at all of your credit accounts — including credit cards, retail accounts, installment loans, finance company accounts, and mortgages — to see how timely you make payments.

«Timely mortgage payments boost your FICO score,» says Kurt Westfield, founder of WC Equity Group.

If you can document a history of timely loan payments since the derogatory credit occurred, you may be eligible for a poor credit FHA mortgage.

This report (and the lack of noting timely payments) can create problems for borrowers / debtors who are seeking to refinance their mortgage loan - particularly if the borrower is seeking to refinance through the same mortgage carrier as had the mortgage at the time the bankruptcy case was filed.

If you have made timely payments for a period of time, you may have established enough equity to eliminate PMI which could lower your monthly mortgage payments, without having to refinance.

Default Failure to make mortgage payments on a timely basis or to comply with other requirements of a mortgage.

To top of this entire ordeal, I have been trying to purchase a home during these past couple months and because they won't send me any of the documents that I need, they keep messing with my payments, and they don't have any reason to do things in a timely manner, I can not get approved for a mortgage!

As long as your mortgage payment is not more than 30 days late, Section 6 of RESPA requires the lender to make escrow payments, for taxes, insurance, etc., in a timely manner.

Your mortgage application is almost certain to be rejected at this stage of the game, and it will take regular timely payments on credit cards and other loans to start building up your credit score.

Default The failure to make a mortgage payment on a timely basis or to otherwise comply with other requirements of a mortgage.

A reverse mortgage loan will become due if the borrower fails to meet the obligations of the loan, which include timely payment of property taxes, insurance and any homeowners association fees, and maintaining the property.

An FHA loan applicant's past credit performance that demonstrates good credit history and a solid track record of timely payments will likely be eligible for the mortgage.

Agency securities are guaranteed by the U.S. government as to the timely payment of principal and interest, however this guarantee does not apply to the yield, nor does it protect against loss of principal if the bonds are sold prior to the payment of all underlying mortgages.

``... may delay, interfere with or prohibit the timely approval of any subsequent request or application you make regarding a new loan, credit, mortgage, insurance, government services or payments, rental housing, employment, investment, license, cellular telephone, utilities, digital signature, Internet credit card transaction or other services, including an extension of credit at point of sale.»

have FHA step in and insure timely payment of mortgage loans which are currently delinquent Look on the bright side.

GNMA Certificates that a fund may purchase are the «modified pass - through» type, which entitle the holder to receive timely payment of all interest and principal payments due on the mortgage pool, net of fees paid to the «issuer» and GNMA, regardless of whether or not the mortgagor actually makes the payment.

The National Housing Act authorized GNMA to guarantee the timely payment of principal and interest on securities backed by a pool of mortgages insured by the Federal Housing Administration (FHA) or guaranteed by the Department of Veterans Affairs.

GNMA's are guaranteed by the U.S. government as to the timely principal and interest, however this guarantee does not apply to the yield, nor does it protect against loss of principal if the bonds are sold prior to the payment of all underlying mortgages.

If you maintain responsible credit behavior and provide timely payments, in addition to increasing your credit score, you may also be able to get an unsecured credit card, receive a refund of your collateral deposit, and qualify for lower insurance and mortgage rates.

Still, if you face a condition when you can't make the mortgage payments timely, please inform the lender as soon as possible to reduce the chances of losing your home.

Participated in the creation of the replacement system that would facilitate the accurate and timely payments to banks from the FDIC for bad mortgage debt

Ginnie Mae bundles VA and Federal Housing Administration loans into mortgage bonds that are purchased by investors who receive guarantees of timely payments.

Failure to complete this Occupancy Certificate in a timely manner may cause an interruption in your reverse mortgage payments and may eventually lead to a default in the terms of your loan agreement.

79 DOS 99 Matter of DOS v. Pagano - disclosure of agency relationships; failure to appear at hearing; proper business practices; unauthorized practice of law; unearned commissions; vicarious liability; fraudulent practice; jurisdiction; ex parte hearing may proceed upon proof of proper service; DOS has jurisdiction after expiration of respondents» licenses as acts of misconduct occurred and the proceedings were commenced while the respondents were licensed; licensee fails to timely provide seller client with agency disclosure form prior to entering into listing agreement and fails to timely provide agency disclosure form to buyer upon first substantive contact; broker fails to make it clear for which party he is acting; broker violates 19 NYCRR 175.24 by using exclusive right to sell listing agreement without mandatory definitions of «exclusive right to sell» and «exclusive agency»; broker breaches fiduciary duties to seller clients by misleading them as to buyer's ability to financially consummate the transaction; broker breaches his fiduciary duty to seller by referring seller to the attorney who represented the buyers when he knew or should have known such attorney could not properly protect seller's interests; improper for broker to use listing agreements providing for broker to retain one half of any deposit if forfeited by buyer as such forfeiture clause could, by its terms, allow broker to retain part of the deposit when broker did not earn a commission; broker must conduct business under name as it appears on license; broker engaged in the unauthorized practice of law in preparing contracts for purchase and sale of real estate which did not contain a clause making it subject to the approval of the parties» attorneys and were not a form recommended by a joint bar / real estate board committee; broker demonstrated untrustworthiness and incompetency in using sales contract which purported to change the terms of the listing agreement to include a higher commission; broker demonstrated untrustworthiness and incompetency in using contracts of sale which were unclear, ambiguous, vague and incomplete; broker failed to amend purchase agreement to reflect amendment to increase deposit amount; broker demonstrated untrustworthiness in back - dating purchase agreements; broker demonstrated untrustworthiness in participating in scheme to have seller hold undisclosed second mortgage and to mislead first mortgagee about the purchaser's financial ability to purchase; broker demonstrated untrustworthiness by claiming unearned commission and filing affidavit of entitlement for unearned commission; DOS fails to establish by substantial evidence that respondent acted as undisclosed dual agent; corporate broker bound by the knowledge acquired by and is responsible for acts committed by its licensees within the actual or apparent scope of their authority; corporate and individual brokers» licenses revoked, no action taken on application for renewal until proof of payment of sum of $ 2,000.00 plus interests for deposits unlawfully retained

Investors, or groups of them, that buy Fannie and Freddie mortgage - backed securities receive a guarantee that «we will supplement amounts received by the trust as required to permit timely payment of principal and interest,» according to Fannie Mae.