Sentences with phrase «sizable mortgage on the house»
You've hit your forties, your children are in college, you still have a sizable mortgage on the house, and you are concerned that if you pass away your spouse can not pay for the kids education and the mortgage on her / his own.
https://www.schuermaninsurance.com/ Not exact matches
If the property is bought as an owner occupied home, there is an associated risk wherein you are held legally responsible for a sizable mortgage loan on the home with a considerable risk should there be a decline in the housing market.
According to John Councilman, federal housing chairman for The National Association of Mortgage Brokers, a credit score below 740 will bring on intense scrutiny and sizable fees in the conventional lending market.
Sam's only sizable asset is his house, which he believes is worth $ 147,000 and has a mortgage of $ 110,000 on it.
For instance, if your parents own a house which they intend to leave to you but the home still has a sizable mortgage, a life insurance policy with a higher death benefit may help to pay for final expenses as well as paying some or all of the remaining mortgage balance on your parent's home.
Supply / Demand and the Shadow Inventory: In a report published on May 30, 2013, «Joint Report on Federally Owned or Overseen Real Estate Owned Properties By U.S. Department of Housing and Urban Development Office of Inspector General and the Federal Housing Finance Agency Office of Inspector General» these two Inspector Generals note that in addition to Fannie Mae's and Freddie Mac's sizable inventory of REO properties, these two GSE's currently hold over 1.9 million mortgage loans which are in excess of 90 days delinquent.