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Mortage Terms


  > Interest
A fee charged for the use of money .
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  > Loan fraud
Purposely giving incorrect information on a loan application in order to better qualify for a loan may result in civil liability or criminal penalties.
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  > Certificate of title
A document provided by a qualified source such as a title company that shows the property legally belongs to the current owner before the title is transferred at closing it should be clear and free of all liens or other claims.
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Did You Know?    
 
 
Lender Will Usually Require Mortgage Insurance
If your down payment is less than 20% of the value of the house the lender will usually require mortgage insurance. The insurance policy covers the lender’s risk in the event that you do not make the loan payments. Typically you will pay a monthly premium along with each month’s mortgage payment. Your private MI can be canceled at your request in writing when your reach 20% equity in your home.
 

 
   Delaware & Nationwide Mortgage Lender News

Three Types of Reverse Mortgages

Wells Fargo Home Mortgage, Dominion Homes Launch Joint Venture

Housing Boom Market, Time Of Transition

Time Of Transition To Follow Record Setting Housing Boom

Largest Mortgage Lender

Charter One Mortgage Corp.

Ameriquest Mortgage Company

AmeriQuest Mortgage Scores With Super Bowl ADS

Mortgage Company Celebrate Grand Opening

Reports Mortgage Interest Rates

Home Mortgage Disclosure Act

Nonprime Mortgage Lenders Providing

Caution In Using Home Equity

Federal Financial Institutions Examination Council

Nation's Largest Mortgage Lender

Chicagoland New Financial Centers

Countrywide Financial Adds Managing Director

Data and ReAffirms 2005 Earnings Guidance

New Financial Center in New York

Boston Area Opens Financial Center in Framingham

Countrywide Financial Corporation Responds to Hurricane

Present at Lehman Brothers Financial Services Conference

The Home Mortgage Disclosure Act

Data For The Year 2002 Regarding Mortgage Lending

Gov. Blagojevich Signs Law To Protect Homebuyers

Contact our Delaware Mortgage Lenders


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

  • Bear
  • Camden Wyoming
  • Claymont
  • Clayton
  • Dover
  • Dover Afb
  • Felton
  • Georgetown
  • Greenwood
  • Harrington
  • Hockessin
  • Laurel
  • Lewes
  • Magnolia
  • Middletown
  • Milford
  • Millsboro
  • Milton
  • New Castle
  • Newark
  • Rehoboth Beach
  • Seaford
  • Selbyville
  • Smyrna
  • Townsend
  • Wilmington
       
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Delaware 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 		 
 
Delaware External Sites    
 
 

Delaware County
Delaware County. First Home Income Limits & Participating Lenders ... CTX MORTGAGE COMPANY, 317-915-2220. FIRST HORIZON HOME LOANS, 765-644-1614
Buying a Home
Apply for a mortgage at a participating lender in your county. The lender customarily charges a fee for an appraisal and credit report. ...

  


Legal Disclaimers
The information provided on Mortgage Lenders Delaware.com is not intended to be mortgage advice, but merely conveys general information related to mortgage issues commonly encountered.

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