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jacjon...@gmail.com

unread,
Sep 1, 2007, 9:21:05 AM9/1/07
to

Government loans consist of loans that are in some way guaranteed or
purchased by government owned corporations or organizations. For
instance, GNMA (Government National Mortgage Association) assists in
the financing of urban renewal and housing projects by providing below-
market rates to low income families. GNMA guarantees the payment of
principal and interest on FHA and VA mortgages through its mortgage-
backed securities program. It operates under the Department of
Housing and Urban Development (HUD).

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"best mortgages"
http://www.loans.tohelpyou.info/best-mortgages/[ya]100-mortgages.aspx
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jacjon...@gmail.com

unread,
Sep 1, 2007, 10:20:14 PM9/1/07
to

Interest only mortgages (IO) are something of a rage these days as
people use the real estate market as an investment. You will pay only
the interest on the loan for the first couple of years but beware the
unpredictable real estate market. Come selling time, the house may not
be worth as much as you paid for it and you will have to come up with
the extra money to pay the loan back...money that you may not have.

GarMi...@gmail.com

unread,
Sep 2, 2007, 6:02:16 PM9/2/07
to

COFI or "cost of funds index" is an ARM that gets adjusted every month
with no total or incremental caps. However, the rate is based on a
generally very slow moving index, i.e., the rate the banks pay
depositors. You can pay more than assessed each month as your finances
dictate.

======================================================
"best mortgages"
http://www.loans.tohelpyou.info/best-mortgages/[ya]2nd-mortgage-loans.aspx
======================================================

JohJon...@gmail.com

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Sep 3, 2007, 5:41:35 AM9/3/07
to

Conforming loans can be resold in the secondary market due to the fact
that they meet nationally accepted underwriting criteria established
by national secondary market investors, primarily Fannie Mae (FNMA)
and Freddie Mac (FHLMC). This criteria includes down payment amounts,
maximum loan amounts, property specifications, borrower income
requirements and credit guidelines. Due to the importance of being
able to liquidate real estate investments (loans) in the event of a
financial problem, the trend for lenders is to obtain loans that meet
secondary market standards.
The conforming loan limit in California for a single family home is
$240,000, for two family homes - $307,000, for three family homes -
$371,200, and for four family homes - $461,350. For five or more
residential dwellings, see COMMERCIAL LOANS.

GarMi...@gmail.com

unread,
Sep 3, 2007, 6:16:22 AM9/3/07
to

Split loans allow borrowers to take part of their loan as a variable
rate loan and the other part as a fixed rate loan.

PetAl...@gmail.com

unread,
Sep 3, 2007, 6:30:31 AM9/3/07
to

Fixed rate loans are loans where the borrower's interest rate and
repayments are fixed for a set period, usually from 1 to 10 years, and
sometimes longer.

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Tony Miklos

unread,
Sep 3, 2007, 10:03:59 AM9/3/07
to
are *no* mortgages.

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JohJon...@gmail.com

unread,
Sep 3, 2007, 9:52:38 AM9/3/07
to

Fixed rate loans are loans where the borrower's interest rate and
repayments are fixed for a set period, usually from 1 to 10 years, and
sometimes longer.

======================================================
"best mortgages"
http://www.loans.tohelpyou.info/best-mortgages/[ya]2nd-mortgage.aspx
======================================================

PetAl...@gmail.com

unread,
Sep 3, 2007, 10:41:33 AM9/3/07
to

We will not support any loan to Iran that comes to the World Bank's
executive
board,'' State Department spokesman James P. Rubin said last month.

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JohJon...@gmail.com

unread,
Sep 4, 2007, 9:25:34 AM9/4/07
to

several prominent foreign policy analysts have urged the Clinton
administration to reconsider. Richard Haass, vice president of the
Brookings
Institution in Washington, said U.S. support for the loan package
``would send
a positive message'' to Iran, where moderates made large gains in
elections
last month.

======================================================
"best mortgages"
http://www.loans.tohelpyou.info/best-mortgages/[ya]2nd-mortgages.aspx
======================================================

GarMi...@gmail.com

unread,
Sep 4, 2007, 9:59:11 AM9/4/07
to

Interest only mortgages (IO) are something of a rage these days as
people use the real estate market as an investment. You will pay only
the interest on the loan for the first couple of years but beware the
unpredictable real estate market. Come selling time, the house may not
be worth as much as you paid for it and you will have to come up with
the extra money to pay the loan back...money that you may not have.

------------------------------------------------------

------------------------------------------------------

PetAl...@gmail.com

unread,
Sep 4, 2007, 10:13:20 AM9/4/07
to

Government loans consist of loans that are in some way guaranteed or
purchased by government owned corporations or organizations. For
instance, GNMA (Government National Mortgage Association) assists in
the financing of urban renewal and housing projects by providing below-
market rates to low income families. GNMA guarantees the payment of
principal and interest on FHA and VA mortgages through its mortgage-
backed securities program. It operates under the Department of
Housing and Urban Development (HUD).

++++++++++++++++++++++++++++++++++++++++++++++++++++++

++++++++++++++++++++++++++++++++++++++++++++++++++++++

TamAv...@gmail.com

unread,
Sep 4, 2007, 11:01:04 AM9/4/07
to

Interest only mortgages (IO) are something of a rage these days as
people use the real estate market as an investment. You will pay only
the interest on the loan for the first couple of years but beware the
unpredictable real estate market. Come selling time, the house may not
be worth as much as you paid for it and you will have to come up with
the extra money to pay the loan back...money that you may not have.

------------------------------------------------------

------------------------------------------------------

cat218m...@gmail.com

unread,
Sep 4, 2007, 11:34:38 AM9/4/07
to

Combination and split loans allow borrowers to take part of their loan

as a variable rate loan and the other part as a fixed rate loan.

++++++++++++++++++++++++++++++++++++++++++++++++++++++

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krusty7...@gmail.com

unread,
Sep 4, 2007, 11:56:37 AM9/4/07
to

Government loans consist of loans that are in some way guaranteed or
purchased by government owned corporations or organizations. For
instance, GNMA (Government National Mortgage Association) assists in
the financing of urban renewal and housing projects by providing below-
market rates to low income families. GNMA guarantees the payment of
principal and interest on FHA and VA mortgages through its mortgage-
backed securities program. It operates under the Department of
Housing and Urban Development (HUD).

======================================================

======================================================

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