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News about Mortgages:
Around the Region - Republican & HeraldAround the RegionRepublican & HeraldFor more information or to apply, call SCA at 622-1995 and ask for mortgage assistance. n Pottsville: Jason Schally, Schuylkill Community Action, ...
Flagler County news of record for March 17, 2010 - Daytona Beach News-JournalFlagler County news of record for March 17, 2010Daytona Beach News-JournalDenise Mars, real property; Tracey D. Clay v. Progressive Insurance Co., real property; American Express Bank FSB v. Caribbean Construction of North Florida ...
Plimoth Plantation opening day - Wicked Local PlymouthPlimoth Plantation opening dayWicked Local PlymouthPLYMOUTH – A free educational and informative homebuyers workshop will be held from 6:30 to 7:30 pm Wednesday, March 24, at Advance Mortgage Services, ...
Auditions for Shakespeare on the Rock - Wicked Local PlymouthAuditions for Shakespeare on the RockWicked Local PlymouthPLYMOUTH – A free educational and informative homebuyers workshop will be held from 6:30 to 7:30 pm Wednesday, March 24, at Advance Mortgage Services, ...and more »
Community Datebook - Bend BulletinCommunity DatebookBend BulletinBend coin club: 6:30 pm; Stone Lodge Retirement Center, Bend; 541-693-3438. Central Oregon Resources for Independent Living: 10:30 am; 20436 SE Clay Pigeon ...and more »
Public records for March 13, 2010 - Daytona Beach News-JournalPublic records for March 13, 2010Daytona Beach News-JournalGeorge Dinning, in excess of $15000; SunTrust Mortgage Inc. v. Justin Plummer, real property; James L. Malch v. Marine Discovery Center Inc., ...and more »
Personnel file - March 8 - Lexington Herald LeaderPersonnel file - March 8Lexington Herald LeaderFormerly an associate with several law firms, Renner has experience in consumer protection, mortgage lending the regulatory issues. ...
Rotary Club annual auction - Wicked Local PlymouthRotary Club annual auctionWicked Local PlymouthPLYMOUTH – A free educational and informative homebuyers workshops will be held from 6:30 to 7:30 pm Wednesday, March 24, at Advance Mortgage Services, ...and more »
Census 2010: Gulf Coast won't be left out - The Daily AdvertiserCensus 2010: Gulf Coast won't be left outThe Daily Advertisern Residents displaced by hurricanes Rita and Katrina in 2005, the mortgage crisis and the constant search for a job. Census workers will hand-deliver forms ...and more »
Food drive this Saturday - Wicked Local PlymouthFood drive this SaturdayWicked Local PlymouthPLYMOUTH – Two free educational and informative homebuyers workshops will be held in March at Advance Mortgage Services, at 25 Main St. All those who RSVP ...and more »
Today's Mortgage Terms starting with P
Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.
Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.
Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.
Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.
Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.
Principal: It is the amount of money borrowed or owed, excluding interest.
View all Terms