Home

 

   Upfront 
   Mortgage 
   Brokers


Fixed-Markup Lender

Upfront 
Mortgage Lenders

 

Table of Contents

Glossary

Tutorials

Mistakes 
to Avoid

 

   House
   Shoppers

House 
Purchasers

   House 
   Owners

 

 Calculators

 Spreadsheets

  

Public Policy

Leave 
Question/
Comment

 


 

  

 

 

 

 

 

 

 

...................

 

Mortgage Options

Questions on Mortgage Options

What Is a Temporary Buydown?
Why Is it the Most Effective Way of Using Excess Cash to Reduce the Expense Ratios Used to Qualify Borrowers?
Why Is it Easy to Be Ripped Off on a Temporary Buydown?

What Is a Demand Clause?

Is There Any Advantage Closing a Loan on One Day of the Month as Opposed to Any Other Day?

Which Prime Borrowers Should Opt For a Prepayment Penalty?
Is There Any Way Sub-Prime Borrowers Can Avoid a Prepayment Penalty?
Is There Any Way a Borrower Who Has  Prepayment Penalty Clause in His Note Can Get Out of it?

When You Take Out a Mortgage, Does It Make Sense to Buy a Life Insurance Policy That Will Pay Off the Balance if You Die?

What is a Portable Mortgage?  How Much Does it Cost? For What Type of Borrower Might it Be a Useful Option to Buy? 

What is an Assumption? Who Does it Benefit and Who Does it Hurt? What Determines its Value? When Might it Lead to a Wrap-Around? Why Don't Lenders Offer Assumability as an Option? What is the Danger to  Sellers in Having Loans Assumed by Buyers?

What Is a No-Cost Mortgage? For What Kinds of Borrowers Is It Most Suitable?

Why Are Small Loans Often Not Available or Only Available at Very High Rates?

Do All Lenders Offer No-Cost Loans?

MY QUESTION IS NOT HERE.  I WOULD LIKE TO LEAVE IT FOR THE PROFESSOR