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Adjustable rate mortgage - An adjustable rate mortgage or variable rate mortgage is a loan secured on a property (house) whose interest rate and so monthly repayment vary over time. Other forms of mortgage loan include interest only mortgage, fixed rate mortgage, Negative amortization mortgage, discounted rate mortgage and balloon payment mortgage.
Reverse mortgage - A reverse mortgage (known as equity withdrawal in the United Kingdom) is a type of loan available to older people, used as a way of converting their home equity (the value of the home, minus the amount of mortgages) into cash payments while retaining ownership of the property. To qualify for a reverse mortgage in the United States, the borrower must be at least 62 and be able to pay off an existing mortgage with the proceeds from the reverse mortgage and if needed, additional personal funds.
Mortgage Life Insurance - Mortgage Life Insurance is a form of insurance specially designed to protect a repayment mortgage. If the policyholder were to die whilst the mortgage life insurance was in force, the policy will pay out a capital sum that will be just sufficient to repay the outstanding repayment mortgage.
Primary Residential Mortgage Incorporated - Primary Residential Mortgage Incorporatedis an independent originator "direct lender" of residential mortgage loans. We underwrite, fund and sell our mortgage products to the top correspondent mortgage investors in the United States.
Statewide Mortgage Assistance - Mortgage broker providing mortgages refinance, mortgage refinancing, debt consolidation, debt negotiation, and second mortgages.
Safe Home Mortgages - Specialist mortgage brokers. They arrange mortgages, re-mortgages, second mortgages,flexible mortgages and endowment shortfalls.
1st Illinois Mortgage - Offers a full line of home mortgage loans for the Illinois homeowner or first time buyer. Mortgage rates, mortgage calculators, online applications.
Source: BazSites.com
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