Mortgage Loan Definition Is

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Posted on October 20, 2018 at 07:37 AM

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Recent Posts For Mortgage Loan Definition Is

What is a “higher-priced mortgage loan?”
Answer: In general, a higher-priced mortgage loan is one with an annual percentage rate, or APR, higher than a benchmark rate called the Average Prime Offer Rate. The Average Prime Offer Rate (APOR) is an annual percentage rate that is based on average interest rates, fees, and other terms on ...
Mortgage loan - Wikipedia
A mortgage loan, or simply mortgage, is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged.
Mortgage loan originator Definition |
A mortgage loan originator is the original lender for a loan and works with a team of mortgage professionals, such as underwriters and loan processors, to shepherd a loan through to closing. The ...

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