Q: Explain Early Buyers of Mortgage Loans?
A: Mortgage loans are secured loans that can be availed for obtaining a huge loan amount by providing…
Q: What is a mortgage note?
A: Long-terms notes payable: Long-term notes payable represent a legal and written promise made by the…
Q: Define the mortgage extension agreement?
A: An agreement between the borrower and the lender of the mortgage who mutually agrees to extend the…
Q: Explain Second Mortgages and Shorter Maturities?
A: It is a type of mortgage loan which is similar to a mortgage loan which is tenable by a borrower's…
Q: understand how the secondary mortgage market functions, remember that the primary function of this…
A: Secondary mortgage market is the market where banks repackage and sell mortgages as securities to…
Q: What is a syndicated loan? What are its advantages anddisadvantages?
A: Syndicated loan: It is moreover called as a syndicated bank facility, is loaning given by a bunch of…
Q: Explain the purchase-money mortgage?
A: Purchase-money mortgage: A purchase-money mortgage is a loan delivered to the debtor by the vendor…
Q: balloon-payment mortgage. Why might a financial institution prefer to offer this type of mortgage?
A: Step 1 A balloon payment is a one-time payment that is bigger than usual at the expiration of the…
Q: in layman's terms, what is the diff. between a mortgage backed security and a credit default swap?
A: The borrowings made for purchasing fixed-assets like land, property, home and apartments is…
Q: HOW TO Find the finance charge of an installment loan.
A: Finance Charge: Generally speaking, financial charges are any fees or charges associated with…
Q: Explain Determinants of Mortgage Interest Rates?
A: Following are the determinants of Mortgage Interest Rates: Credit score: Banks and HFCs see the…
Q: What is a mortgage-related security?
A: Mortgage-related security: A mortgage-related security is a kind of asset-backed security which is…
Q: Explain Mortgage-Equity Approach?
A: Mortgage-Equity Approach: It has advanced for quite a while. It is a numerical technique, in view of…
Q: Which of the following is a mortgage loan that has a fixed rate, a fixed term, and fixed payments? O…
A: The question is based on the concept of mortgages and different methods of mortgages. A mortgage is…
Q: Explain the Factors Important in Mortgage Loan Pricing?
A: Mortgage loan pricing: The process of analysis and arriving at the exact interest rate for a…
Q: Explain the addition to the interest rate, HELOC borrowers consider the issues?
A: Home buyers mostly take loans to buy the home and they will pay the debt in equated installments.…
Q: What is a mini-perm or bullet loan? When and why is this type of loan used?
A: Answer: Project development may be characterized as the process of designing, planning,…
Q: What is a mortgage REIT?
A: Answer: Mortgage REITs invests in mortgage and own land, loan capital to real estate owners for…
Q: What are some types of current assets that are pledged as security for short-term loans?
A: A pledged asset is collateral pledged by a borrower to a lender (usually in return for a loan). The…
Q: Explain the difference between conventional mortgages, reverse mortgages, and second mortgages.
A: Difference between Conventional mortgage ,reverse mortgage , second mortgage Mortgage Mortgage is a…
Q: Explain The Price Level Adjusted Mortgage (PLAM)?
A: Mortgage loan allows the buyer to pay some portion of amount in the beginning and pay the remaining…
Q: Explain constant amortizing mortgage (CAM)?
A: It is otherwise called an amortizing mortgage, is one where the principal and monthly interest…
Q: Give an example of a real estate mortgage and chattel mortgage. What are the obligations being…
A: The term mortgage refers to the loan taken by an individual for which the individual has put some…
Q: Explain the term Mortgage-Equity Capitalization?
A: The mortgage equity capitalization technique is not a technique which is that commonly used. However…
Q: With a Fixed-Rate Mortgage, the ate risk. bears the interest bears the interest rate risk and with…
A: A mortgage is a type of loan that requires security. The mortgage can classify based on the interest…
Q: Explain the term Fixed Interest Rate Mortgage (FRM) Loan?
A: Mortgage loans: The mortgage is a type of loan in which a property or any other real estate is…
Q: Explain Restructuring the Mortgage Loan?
A: The mortgage loan restructuring option is generally considered by homeowners so that the loan…
Q: Why do adjustable-rate mortgages (ARMs) seem to be a more suitable alternative for mortgage lending…
A: Price level adjustable mortgage (PLAM): Price level adjustable are mortgage loans where the…
Q: Explain why adjustable rate mortgages (ARMs) are considered to be a more suitable alternative for…
A: Adjustable rate mortgages : Also referred to as variable rate or floating rate mortgages, an…
Q: Which are the Minimum Mortgage Requirements?
A: Meaning of mortgage: Mortgage is nothing but an instrument of debt that the creditor is obliged to…
Q: Define secured loans.
A: Secured Loans: Secured loans are those for which the borrower puts up some asset as security or…
Q: Explain Loan Amortization Patterns?
A: A loan amortization pattern, as made by an amortization calculator, maybe a table enumerating each…
Q: Explain GPM Mortgage Loans and Effective Borrowing Costs
A: Graduated-payment contract (GPM) loans: It may be a sort of fixed-rate mortgage in which…
Q: What is a mortgage?
A: Mortgage : Mortgages is referred to the long-term debts owed by the business that are secured with…
Q: Why might a wraparound lender provide a wraparound loan at a lower rate than a new first mortgage?
A: Introduction: Wraparound mortgage is a type of loan in which loans are given to borrowers, who is…
Q: Explain Assumption of Mortgage?
A: An individual can obtain loan by mortgaging its property to the lender. The property is said to be…
Q: Explain Mortgage pay-through bonds (MPTBs)?
A: A written agreement through which a lender gets the right to take the property that is put as a…
Q: Define the Convertible Mortgages with example?
A: A convertible mortgage is a loan which starts as an adjustable rate mortgage and can be changed into…
Q: On what factors do the interest rate and repayment terms for term loans based?
A: Loan refers to the lending of money by one ore more individuals or organizations . The recipient…
Q: What is meant by a “purchase-money” mortgage loan? When could a loan not be a purchase-money…
A: A purchase-money mortgage loan is a loan that home sellers provide to the buyers of the home. Buyers…
Q: Illustration the mortgage for future advances?
A: The question is based on the concept of mortgage or security used for line of credit for future…
Q: Why is the rate of Fixed Rate Mortgage higher than Adjustable Rate Mortgage? O Liquidity risk…
A: The difference between Fixed rate mortgage and Adjustable rate mortgages is the interest rate risk…
Q: Explain Qualified mortgages?
A: A Qualified Mortgage (QM) is a defined class of mortgages that meet certain borrower and lender…
Q: Explain Fully Amortizing, Constant Payment Mortgage (CPM) Loans?
A: Answer: Fully amortizing: A fully amortizing payment applies to a form of annual debt repayment.…
Q: Differentiate between a fixed-rate mortgage and avariable-rate mortgage.
A:
Q: What’s the purpose of the mortgage amortization for investors
A: Amortization is dividing of mortgage loans into series of payments which constitute principal and…
Q: What is a mortgage swap certificate?
A: Mortgage refers to debt instrument which is backed by collateral security. It refers to the kind of…
Q: Explain the mortgage bond.
A: Mortgage bonds are type of corporate bonds. Businesses issue corporate bonds, which normally have…
Q: Explain Incremental Borrowing Cost versus a Second Mortgage?
A: The lenders offer different repayment terms of the same loan to the different borrowers. The term of…
Q: What are the benefits to the back for amortizing a loan
A: In finance amortized loan is one in which fixed monthly payments are made by the borrower to the…
Q: Explain Important Characteristics of Mortgage Pools?
A: Mortgage pool: Mortgage pool consist of combination of number of mortgages as its name explains.…
Q: What is the difference between a mortgage and amortgage-backed security?
A: Meaning of Mortgage Mortgage defines a loan against an asset or valuable object. Under Mortgage the…
Q: Explain Junior Mortgages?
A: Junior mortgage: A junior mortgage may be a contract subject to a to begin with or a past contract…
Q: Define The Mortgage?
A: Mortgage : It is a debt instrument or legal agreement or loan, borrowing the money from lender (…
Q: Explain the Evolution of the Secondary Mortgage Market?
A: The secondary mortgage market is defined as a market created for the purpose and sale of existing…
Q: Explain the term Loan Repayment Schedule?
A: Loan is a sum of money borrowed by an individual/organization from a bank or lender that has to be…
Q: Explain The Graduated Payment Mortgage (GPM)
A: Graduated-payment mortgage (GPM): This can be a frame of fixed-rate mortgage or contract where the…
Q: Define Adjustable rate mortgage
A: Mortgage is said to be a instrument of debt which is secured by the collateral of specified real…
Q: Explain Mortgage-Backed Securities and the GNMA Payment Guarantee?
A: Asset backed securities (ABS) are financial securities. As the name suggests these securities are…
Q: What is mortgage bond?
A: A mortgage bond is secured by a mortgage, or a pool of mortgages, that are generally backed by…
Q: What is calculation of Outstanding Mortgage Balance (Repayment of Mortgage)? Please provide…
A: Outstanding Mortgage Balance refers the loan outstanding at any point in time after the loan has…
Q: How much of the first payment for the mortgage described in the table will go towards interest?
A: Mortgage Payment: It is the payment made on the loan and includes principal and interest payments.…
Q: Discuss some of the most elementary terms used in fixed interest rate loans?
A: A loan is referred as the borrowed amount which is procured by the borrower from various financial…
Q: Summary and Comparisons of Fixed Interest Rate, Constant Payment Mortgage (CPM) Loans with Various…
A: Fixed interest rate loans are the loans in which the interest to be paid by the borrower will remain…
Q: Explain Partially Amortizing, Constant Payment Mortgage (CPM) Loans with example?
A: Amortization can be defined as paying back of the loan amount in installments according to the…
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