Sentences with phrase «outstanding mortgage on your house»

Not exact matches

In part, this increase reflects the entry of mortgage originators who rely predominantly on securitisation for funding — they currently account for around 10 per cent of outstanding housing loans.

«USMI congratulates Secretary Carson on his Senate confirmation to lead the U.S. Department of Housing and Urban Development, a critical federal agency that is a component of the more than $ 10 trillion U.S. single - family outstanding mortgage debt market.

On the other hand, if you don't live with a partner, your children have their own homes and your house's current value is greater than your outstanding mortgage balance, you may not need to include it.

Under the Department of Housing and Urban Development's HECM program (Home Equity Conversion Mortgage)-- which is the program used most often by reverse mortgage lenders — a 65 - year - old who owns a house worth $ 250,000 with no outstanding mortgage might be able to borrow as much as $ 127,000, according to the Boston College Center For Retirement Research, although fees and other restrictions may reduce the amount of cash you can actually get your hands on at least inMortgage)-- which is the program used most often by reverse mortgage lenders — a 65 - year - old who owns a house worth $ 250,000 with no outstanding mortgage might be able to borrow as much as $ 127,000, according to the Boston College Center For Retirement Research, although fees and other restrictions may reduce the amount of cash you can actually get your hands on at least inmortgage lenders — a 65 - year - old who owns a house worth $ 250,000 with no outstanding mortgage might be able to borrow as much as $ 127,000, according to the Boston College Center For Retirement Research, although fees and other restrictions may reduce the amount of cash you can actually get your hands on at least inmortgage might be able to borrow as much as $ 127,000, according to the Boston College Center For Retirement Research, although fees and other restrictions may reduce the amount of cash you can actually get your hands on at least initially.

For personal loans, you will also need to provide information on your housing or mortgage payments, other outstanding debts, employment status and salary, educational history and details on the loan you're seeking.

A lender who grants a mortgage on the security of a house has an insurable interest in that house, but only up to the amount outstanding on the loan.