Mortgage Placement

Top Articles

Adjustable rate mortgage - An adjustable rate mortgage or variable rate mortgage is a loan secured on a property (house) whose interest rate and so monthly repayment vary over time. Other forms of mortgage loan include interest only mortgage, fixed rate mortgage, Negative amortization mortgage, discounted rate mortgage and balloon payment mortgage.

Mortgage Life Insurance - Mortgage Life Insurance is a form of insurance specially designed to protect a repayment mortgage. If the policyholder were to die whilst the mortgage life insurance was in force, the policy will pay out a capital sum that will be just sufficient to repay the outstanding repayment mortgage.

Reverse mortgage - A reverse mortgage (known as equity withdrawal in the United Kingdom) is a type of loan available to older people, used as a way of converting their home equity (the value of the home, minus the amount of mortgages) into cash payments while retaining ownership of the property. To qualify for a reverse mortgage in the United States, the borrower must be at least 62 and be able to pay off an existing mortgage with the proceeds from the reverse mortgage and if needed, additional personal funds.

Primary Residential Mortgage Incorporated - Primary Residential Mortgage Incorporatedis an independent originator "direct lender" of residential mortgage loans. We underwrite, fund and sell our mortgage products to the top correspondent mortgage investors in the United States.

Suggested Web Sites

Unisource Mortgage Canada - Mortgage brokers offering low mortgage rates from all major lenders in Canada. On-line applications, daily rates, mortgage placement and advice.

Mortgage Depot - Provides free mortgage placement service to prospective home buyers and those renewing their existing mortgage. Includes application, current rates, calculators, glossary of financial terms, and employee profiles.

NewFED Mortgage Corp. - Provides both lending and brokerage services. Features loan programs, calculators, job placement information. Office locations throughout the state.

Source: BazSites.com

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