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June 23, 2010 By realtorguru

Fico Score

fico score percentage – Some Misconceptions Cleared There are many misconceptions surrounding the Fico score. It is important to get your facts straight to avoid confusion in an important part of your financial life. For starters, there is a huge difference between your Fico score and your credit reports. The Fico score is a statistical […]

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June 23, 2010 By realtorguru

Traditional Mortgage

The most important characteristic of a traditional mortgage is the fixed interest rate. It follows the simple ‘low risk, low profit’ principle. Your interest rate remains fixed throughout the tenure of the loan and this means that you can anticipate your monthly repayment and can plan ahead for it

Filed Under: Mortgages Tagged With: bad credit first time home buyer.bad credit fha loans, buying houses in foreclosure, closing costs refinance mortgage, costs of refinancing mortgage, fannie mae first time home buyer, fico score, fico score percentage, fico score percentile, foreclosure investing, foreclosures, home investing, home owners insurance deductible, hud first time home buyer, mortgage escrow account act, mortgage insurance escrow, no origination fee mortgage, rating scale, rents, sallie mae fannie mae, sallie mae first time home buyer, sallie mae foreclosures, sallie mae home loans, sallie mae home loans company profile, sallie mae lender, tax foreclosure investing, traditional mortgage

March 24, 2008 By realtorguru

What Is Escrow

What Is Escrow

Escrow account definition: Escrow is a legal arrangement in which an asset (such as cash, real property or other tangible assets) is deposited into an escrow account under the trust of a neutral third party (escrow Agent) pending satisfaction of contractual contingency or condition. Once the condition has been met, the escrow officer will deliver […]

Filed Under: Featured Content Tagged With: escrow, escrow account, Escrow account definition, escrow Agent, escrow agreement, escrow officer

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