Current 30 yr mortgage
[DOC File]Art #3 Mortgage Talking Points
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Current on mortgage payments. Appraisal or Certification that property value has not decreased BELOW the original value. ... 5% 237,500 30 yr 11 yrs. 10% 225,000 30 yr 9 yrs. 15% 212,500 30 yr 6 yrs 5% 237,500 20 yr 6 yrs. 10% 225,000 20 yr 4.5 yrs. 15% 212,500 20 yr …
[DOC File]HUD | HUD.gov / U.S. Department of Housing and Urban ...
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The existing FHA-insured mortgage is in default, but is not more than 12 full mortgage payments past due. A default is defined as 1 payment past due more than 30 days. For default calculation purposes, all months are determined to have 30 …
[DOC File]Consumer Financial Protection Bureau
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Mortgage amount Loan term (e.g. 15 yr, 30 yr) Loan description (e.g. fixed-rate, 3/1 ARM, payment-option ARM, interest-only ARM) Basic features for comparison Fixed-rate mortgage …
[DOC File]Keller Williams Realty
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Mortgage 101. Let’s start with a picture of two extremes most first-time buyers want to avoid: The OLD paradigm A NEW risk: a ‘predatory’ loan If your parents bought their first home more than 30 years ago, they remember the day when you had to have 20% down to buy—and 30 …
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