Licensed Mortgage

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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.

Global One Lending - Global One Lending is a Sacramento-based residential mortgage broker, licensed in the state of California, founded by Vietnamese-American entrepreneurs Robert Do and Quinn Dang in April, 2003.

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.

Suggested Web Sites

Mortgage Source of NJ, LLC - Licensed mortgage bankers with State of New Jersey offering first and second mortgage originators of Fannie Mae, Freddie Mac and FHA Mortgage Loans.

Spectrum Mortgage Services - Spectrum Mortgage Services is a licensed lender in the States of New Jersey and Pennsylvania. A FHA and VA approved lender, Spectrum Mortgage provides competitive conventional mortgage products.

Nevada Mortgage Lending Division - Agency responsible for the enforcement of regulations and licensing of Mortgage Bankers, Mortgage Brokers, and Escrow Agencies in the state of Nevada.

Source: BazSites.com

Web Links

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