Sentences with phrase «typical mortgage scenario»

It's a matter of thinking outside the typical mortgage scenario that has homeowners amortizing their mortgages for decades and making tens of thousands of dollars in unnecessary interest payments.

Not exact matches

In a typical scenario, you don't need life insurance in retirement because you no longer have income to replace (instead, you're drawing income from investments), and in many cases, you've paid off big debts, such as a mortgage.

Then there are more typical scenarios in a mortgage crisis where one of the earners in the household loses their job.

A typical Chapter 13 scenario would be if there has been an interruption in income due to a job loss, divorce or injury that has caused you to fall behind on your mortgage payments.

It depends on the company you send it to, but the typical scenario is that your mortgage protection letter information will be sold or distributed to one or more insurance agents in your area.

In a typical 30 - year fixed - rate mortgage scenario, the borrower will start out paying mostly interest during the first years of the repayment term.