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MAHONING COUNTY - Youngstown VindicatorMAHONING COUNTYYoungstown Vindicator, OH - 45 minutes agoDebra M. Salata, 7648 Mulberry Walk, Poland, and Thomas P. Salata, 32 Ward Ave., New Middletown. Tina A. Malmfeldt , 37 Patterson Court, Austintown, ...
Realtor sent to federal prison for mortgage fraud scheme - Lebanon Western StarRealtor sent to federal prison for mortgage fraud schemeLebanon Western Star, OH - Oct 27, 2008... for his role in a scheme to defraud a mortgage broker out of $3.5 million. William Bowling, Jr., 46, formerly of Middletown and now of North Carolina, ...
Commercial financing tightens - Times Herald-RecordCommercial financing tightensTimes Herald-Record, NY - Nov 17, 2008Subprime mortgage companies are turning to commercial lending, says Pat Fogarty, left, pictured with Jim Fogarty Friday at their business, ...
County foreclosure filings are up - Middletown JournalCounty foreclosure filings are upMiddletown Journal, OH - Nov 15, 2008Middletown itself has been in a recessional cycle for several years now with "several neighborhoods you cannot go through and not see a foreclosure sign," ...
State youth orchestra to play at St. Mary's - Colts Neck News TranscriptState youth orchestra to play at St. Mary'sColts Neck News Transcript, NJ - Nov 18, 2008On March 29 the NJSYO will perform an afternoon concert and an evening concert in St. Mary's Church with the Concordia Youth Chorale of Middletown. ...
MAHONING COUNTY - Youngstown VindicatorMAHONING COUNTYYoungstown Vindicator, OH - Nov 18, 2008Susan C. Barone, 9889 W. Middletown Road, Salem, v. Donald J. Barone Jr., Westwood Lake Park, c/o 710 Country Pine Drive, Warren. ...
Mother, son to serve time in federal fraud case - Middletown JournalMother, son to serve time in federal fraud caseMiddletown Journal, OH - Oct 27, 2008By Ed Richter A Middletown-area mother and son were both sentenced by a federal judge Monday to jail time for their roles in a scheme to defraud a mortgage ...
Rising college costs squeezing New Jersey parents, students - Scarlet ScuttlebuttRising college costs squeezing New Jersey parents, studentsScarlet Scuttlebutt, NJ - Oct 25, 2008A 50-year-old telephone line repairman from Middletown, Bruno estimates he could wind up borrowing more than $70000 to help his son get a higher education. ...
Henry County record - Muncie Star PressHenry County recordMuncie Star Press, IN - Nov 2, 2008James K. and Cynthia M. Michael, 1190 Cottage Ave., Middletown. GMAC Mortgage vs. Jackie E. and Sherry L. Duncan, 417 N. 10th St., New Castle. State vs. ...
Dissolution of marriage - Muncie Star PressDissolution of marriageMuncie Star Press, IN - Nov 9, 2008GMAC Mortgage vs. Julie and Norman E. Davis, Charlottesville, and tenants, 521 N. Seventh St., Middletown. State vs. George E. Addison III, 36, ...
Today's Mortgage Terms starting with P
Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.
Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.
Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.
Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.
Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.
Principal: It is the amount of money borrowed or owed, excluding interest.
View all Terms