Sentences with phrase «secured by a homeowner»

A variable rate line of credit secured by a homeowner's equity.

The most common type of pass - through security is a mortgage - backed security, secured by homeowners» mortgages and sometimes guaranteed by the Veteran's Administration, the Farmer's Home Administration, or the Federal Housing Administration.

Mortgage - backed security: The most common type of pass - through security, secured by homeowners» mortgages and sometimes guaranteed by the Veteran's Administration, the Farmer's Home Administration, or the Federal Housing Administration.

A homeowner loan is basically a loan that is secured by the homeowner pledging property as collateral in order to obtain the loan that they need for various...

Not exact matches

Instead of taking on private mortgage insurance, some homeowners have managed to avoid a 20 percent down payment by securing a piggyback loan (also known as the 80 - 20 loan).

Because the homeowner loans is almost always a secured loan backed up by collateral, the terms of the loan are very favorable because the lender is assuming very little risk when they loan you money.

This would include interest on a homeowner's line of credit secured by your home that is used to purchase the rental property.

Many homeowners chose to use personal loans to purchase solar panels, but what are the considerations of using a personal loan as opposed to other available types of loans, such as loans secured by collateral, or loans extended directly from solar panel retailers?

If, on the other hand, you're a homeowner who needs extra money for home repairs, or to build home improvements, it is likely that a home improvement loan secured by your property will give you better loan terms than simply taking out a personal loan.

So, even if the homeowner refinances, before a mortgage company could gain a title for a secured loan, the lien would have to be removed by satisfying the conditions.

Homeowners may take out additional loans that, while also secured by the property, have lower priority than the first mortgage.

«The market for homes under $ 1 - million has become «red hot,» agents say, and that's at least partly because new rules brought in by Ottawa last year make it impossible to get a loan backed by mortgage - default insurance if the property is valued in the seven figures... The result: Bids for $ 999,999, or close to it, are increasingly common as even some wealthy would - be homeowners struggle to secure the necessary financing under new government rules.»

Let's be honest, there are thousands of homeowners that could benefit from a second chance loan secured by their real estate.

Being that these loans are not secured by any form of property, both homeowners and renters are eligible.

Home equity loan: With this type of loan, homeowners may obtain funding that is secured by the equity in their homes.

Under the old law, a homeowner could also deduct the interest on up to $ 100,000 of debt secured by a home that was not used for acquisition.

Agents can also mitigate risks by scoping out the location beforehand, urging homeowners to secure their valuables, and checking all rooms and the backyard prior to locking up.

Homeowners in Heritage Grove are surrounded by friends of similar status, have a lifestyle of ease and pleasure that they've earned, and enjoy a beautiful and secure neighborhood.

Many housesitting professionals recommend homeowners take with them or secure any valuables, especially those that can't be replaced, but otherwise make their homes appear as if they are still occupied by not covering furniture or cancelling mail and newspapers.

Homeowners in this state are highly encouraged to buy flood insurance, which can be secured through the National Flood Insurance Program run by FEMA.

There are several additional steps — including legislative proposals — that could immediately work to further strengthen the housing market and ensure that the middle class can secure affordable mortgages, refinance their loans at today's low rates, and build housing wealth while ensuring that no communities or homeowners are left behind by the housing recovery.