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What is an alienation clause?
Bankrate via AOL· 12 hours agoDirect transfer to next-of-kin: The property transfers to a spouse or child during the borrower/owner’s lifetime. Second mortgage: The owner obtains a...
What is a loan-to-value ratio?
Bankrate via Yahoo Finance· 5 days agoThe difference is the LTV only accounts for your primary mortgage, while the CLTV factors in your first mortgage and any subsequent home-related debt,...
Freddie Mac’s proposed home equity product could unlock $850B in originations - HousingWire
HousingWire· 6 days agoA Freddie Mac home equity product that was proposed this week has the potential to unlock $850 billion in origination volume. On Tuesday, the Federal Housing ...
Mortgage rates today, April 24, 2024: Economy fuels higher rates
Yahoo Personal Finance· 20 hours agoA HELOC is a type of second mortgage that lets you borrow against the equity in your home. And since...
Loan Calculator: Estimate Your Monthly Payment - NerdWallet
Nerdwallet· 4 days agoUse this loan calculator to determine your monthly payment for any loan. A loan calculator uses...
Here's when a reverse mortgage makes sense, experts say
CBS News· 16 hours agoWith these types of products, your lender pays you out of your home equity. Learn more about your...
What is an unsecured loan?
Bankrate via AOL· 10 hours agoThe lender won’t approve a secured loan if a borrower doesn’t agree to provide an asset as insurance. Secured loans exist for financing options...
FHA loans: Definition, requirements and limits
Bankrate via AOL· 1 day agoThere’s no down payment requirement, but you have to have been affected by a Presidentially designated disaster. Home equity conversion mortgage (HECM):...
Cash-out refinance: What it is and how it works
Bankrate via AOL· 2 days agoHELOC: A home equity line of credit, or HELOC, allows you to borrow money when you need to with a revolving line of credit, similar to a credit card....
Patelco Credit Union selects the Empower LOS to streamline and bolster home loan and home-equity...
The Daily Reflector· 7 days ago- Dark Matter to support Bay Area CU's mortgage team by boosting productivity while enhancing the member experience -