Explain The Graduated Payment Mortgage (GPM)

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: Define the mortgage extension agreement?

A: An agreement between the borrower and the lender of the mortgage who mutually agrees to extend the…

Q: Describe the Repayment Plans Offered by the Lender?

A: Answer: A repayment plan is a method of repaying a debt over an extended period of time, usually by…

Q: Explain Marking the Mortgage Portfolio to Market?

A: Marking to market is the process of offsetting a buyer or seller’s position in a futures contract on…

Q: Explain Mortgage passthrough securities (MPTs)?

A: Answer: One form of mortgage backed securities is a pass through security. Mortgage securities allow…

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: 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 the Other characteristics of home equity loans?

A: A type of loan under which equity is used as collateral by the borrower is known as a home equity…

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 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: Define syndicated loan

A: Syndicated loans are type of loans that are provided for projects that involve huge sum for a single…

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: Define secured loans.

A: Secured Loans: Secured loans are those for which the borrower puts up some asset as security or…

Q: What are the various types/methods of mortgages.

A: The various types of mortgages as follows: Fixed rate mortgage:  In a fixed rate mortgage, the money…

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: 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: What is the influence of the secondary mortgage market?

A: STEP 1: INTRODUCTION Secondary Mortgage market is the market where the buying and selling of…

Q: Explain Hybrid and Mortgage REITs?

A: Introduction: REITs enables a corporation to buy a real estate property using the collective…

Q: How commercial loans and mortgages are structured in terms ofinterest and principal payments.

A: Commercial loan, as well as a mortgage, are being structured in terms of interest and principal…

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: 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: Define amortized loan

A: Amortized loan is a loan in which total loan will be paid off by same periodic payments. These…

Q: Differentiate between a fixed-rate mortgage and avariable-rate mortgage.

A:

Q: Explain Collateralized mortgage obligations (CMOs)?

A: Collateralized mortgage obligation is referred to as complex debt security  that directs the…

Q: Define mortgage bond.

A: Corporate debt: A corporate bond can be defined as debt security that is issued by a firm and sold…

Q: Define Amortized loans

A: Loan is an amount borrowed by an individual from an individual, company, bank or any financial…

Q: Explain Important Characteristics of Mortgage Pools?

A: Mortgage pool:   Mortgage pool consist of combination of number of mortgages as its name explains.…

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: 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: 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: a loan, secured by a collateral, that the borrower is obliged to pay at specific terms. O Loan…

A: A loan is referred as the funds through which one or more company, individual, or some other entity…

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: Explain Reverse Annuity Mortgages (RAMs) loan?

A: Reverse Annuity Mortgage (RAMs): A reverse annuity mortgage is a kind of home loan in which an…

Q: Which Property can be Covered by a Mortgage?

A: Mortgage is a financial debt instrument signed by the borrower when he borrows money from the lender…

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: 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…