by Dept. of Agriculture, Economic Research Service, [Economic Development Division] in [Washington] .
Written in English
|Statement||Hughes H. Spurlock|
|Series||Agricultural economic report ; no. 362, Agricultural economic report -- no. 362|
|Contributions||United States. Dept. of Agriculture. Economic Research Service. Economic Development Division|
|The Physical Object|
|Pagination||ii, 22 p. ;|
|Number of Pages||22|
Mortgage Terms Explained, From ARMs to Points. By a home loan—also known as a mortgage—when you want to buy a home. Paying for a home is a bit more complicated than slapping down a credit. Mortgage credit certificates are designed to help first-time homebuyers qualify for a home loan by reducing their tax liabilities below what they would otherwise have to : Julia Kagan. This 5-page document specifies the terms of your home loan, such as your monthly payments, interest rates, and closi Co-Borrower By having co-borrowers join your loan application, their income, assets, and credit score can help you qualify for a loan and get lower interest rates. Mortgage: A mortgage is a debt instrument, secured by the collateral of specified real estate property, that the borrower is obliged to pay back with a predetermined set of payments. Mortgages Author: Julia Kagan.
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