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What is the meaning of mortgage foreclosure?
Mortgage foreclosure is a process by which a person, who has a mortgage on land, legally sells that same land. A mortgage can be defined as a property loan.
Can a mortgage broker process his own mortgage application?
Yes In the US, no.
What are the risks associated with the mortgage origination process?
what are the risk associated with mortgage orgination
What is the meaning of the word mortgage?
I believe Mort is a French word meaning "death" and gage means "pledge or agreement" So the meaning of the work Mortgage is an "agreement till death."
What is the meaning of amortization?
To place a mortgage on something.
Where can you find a mortgage calculator?
Any realitor or mortgage broker has access to a mortgage calculator and can help you through the process. You can also find online mortgage calculators which can be a useful tool in figuring out if you can afford a mortgage.
Which step are involved in mortgage process?
The steps involved in the mortgage process include Pre-Approval., Full Application, Submitted to Processing, Submission to Underwriting, and Underwriting.
If a mortgage payment is forty five days late will they foreclose?
State laws vary on the foreclosure process. Depending on the state the home is in determines if the 45 day mark for unpaid mortgage payments starts the foreclosure process. The mortgage company also determines the foreclosure process. Most mortgage companies offer solutions for repayment options.
What is the meaning of savings and mortgage bank?
Savings is any income that is saved instead of spent. A mortgage bank specializes in starting and servicing mortgage loans.
What is a good mortgage qualification calculator?
At Mortgage-Info.com (www.mortgage-info.com) there is a mortgage qualification calculator. There are detailed instructions and an online form that walks you through the qualification process.
What is the meaning behind a mortgage loan lead?
It refers to people who are seeking a loan from a lead salesman in the mortgage department. Some companies that offer mortgage loan leads are LeadOriginators, and The Canada Mortgage Factory.
What is the meaning of a self certificate mortgage?
Simply put, a self certificate mortgage is a mortgage granted on an employee's statement of income as opposed to their employer's or accountant's statement of income.
