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Mortage Terms


  > Default
The inability to pay monthly mortgage payments in a timely manner or to otherwise meet the mortgage terms.
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  > Real estate agent
An individual who is licensed to negotiate and arrange real estate sales works for a real estate broker.
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A measurement used by lenders to determine changes to the Interest rate charged on an adjustable rate mortgage.
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Discriminating Against Credit Applicants
The Equal Credit Opportunity Act prohibits lenders from discriminating against credit applicants in any aspect of a credit transaction on the basis of race color religion national origin sex marital status age whether all or part of the applicant's income comes from a public assistance program or whether the applicant has in good faith exercised a right under the Consumer Credit Protection Act.
 

 
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If you live in the following cities and need a mortgage lender you should contact our Nashville mortgage lender as soon as possible:

  • Antioch
  • Brentwood
  • Bristol
  • Chattanooga
  • Clarksville
  • Cleveland
  • Clinton
  • Collierville
  • Columbia
  • Cookeville
  • Cordova
  • Dayton
  • Dyersburg
  • Elizabethton
  • Franklin
  • Gallatin
  • Goodlettsville
  • Hendersonville
  • Hermitage
  • Hixson
  • Jackson
  • Johnson City
  • Kingsport
  • Knoxville
  • Lebanon
  • Madison
  • Maryville
  • Mc Minnville
  • Memphis
  • Millington
  • Morristown
  • Mount Juliet
  • Murfreesboro
  • Nashville
  • Oak Ridge
  • Shelbyville
  • Smyrna
  • Soddy Daisy
  • Springfield
  • Tullahoma
       
 
Did You Know?    
 
 
Discriminating Against Credit Applicants
The Equal Credit Opportunity Act prohibits lenders from discriminating against credit applicants in any aspect of a credit transaction on the basis of race color religion national origin sex marital status age whether all or part of the applicant's income comes from a public assistance program or whether the applicant has in good faith exercised a right under the Consumer Credit Protection Act.
 
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Nashville Audio & Video    
 
  Brokers Urge New Scale For Jumbo Mortgages
Audio, RM, 48 Kbps, 2:58:00 AM, 8/19/2005
Reporter Scott Horsley reports on federally sponsored underwriters Fannie Mae and Freddie Mac back mortgages up to $369,000. Without federal underwriting, home buyers pay a higher interest rate.
Source: National Public Radio 		 
 
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Understanding Mortgages
Some lenders will offer mortgages for 97% or 95% of the value of the property. ... Generally, a lender expects a household can afford a mortgage debt
NEWS RELEASE
TENNESSEE HOUSING DEVELOPMENT AGENCY RECOGNIZES. MORTGAGE INVESTORS GROUP AS ITS TOP LENDER IN TENNESSEE. Marking 2004 as the second year in a row th

  


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