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Negative equity - Negative equity is a term used in the housing market, usually following a general fall in property prices, to mean that the market value of a mortgaged house or flat is less than the amount outstanding on the loan used to purchase it. This situation also occurs with 2nd mortgage home equity loans and some loans structured to loan more than the appraised value, such as 125% loans.

Home equity loan - A home equity loan is a type of loan in which the borrower uses the equity in his home as collateral. These loans are sometimes useful for families to help finance major home repairs, medical bills or college educations.

Capital structure - The Capital Structure of a corporation is the way in which that entity finances itself -- by some combination of equity sales, equity options, bonds, and loans.

Structured finance - Structured finance describes any "non-standard" way of raising money. These tailor-made securities go beyond "standard" securities like conventional loans, debentures, debt, and equity.


Suggested Web Sites

Phoenix Home Loans, Inc. - A full service mortgage brokerage serving all of Arizona offering VA, conventional, sub prime, home equity loans, home equity lines of credit and no equity loans.

Cathy Freyberg - Real estate loan broker. Serving Aptos, Santa Cruz and the Central Coast, offering home loans, refinance, equity loans, HUV loans, FHA, or VA loans, with title insurance, pmi, piti.

California Mortgage Home Loan Brokers - Provides residential real estate loan services including real estate purchase mortgages, mortgage refinancing, sub-prime loans, second mortgages, home equity loans, hard money lending, bad credit, construction and commercial loans.

Source: BazSites.net

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Managing Debt for Dummies : If you're trying to kick the "Buy Now/Pay Later" habit and get your spiraling debt under control, you need "Managing Debt For Dummies" now! This practical, commonsense guide provides straightforward strategies for coping with every kind of secured and unsecured debt, including, personal loans, car loans, mortgages, home equity loans, lines of credit, credit cards, finance company loans, and student loans. You'll find out how easy it is to: Distinguish between good and bad debt Go on a "debt diet" to get back into financial shape Start a filing system to track debt and protect life after debt Adopt a smart spending regimen Increase your income Consolidate your debt Decide which bills to pay when you can't pay them all Use credit cards responsibly You can still live well while slashing spending on groceries, clothing, and entertainment. Find out how in "Managing Debt for Dummies.

McGraw-Hill's Interest Amortization Tables: Monthly Mortgage Payment Tables : The most up-to-date, easy-use reference for finding the best home loan for you This comprehensive loan navigation guide helps you structure a home loan that will best fit your budget, tax bracket, and current cash flow while maximizing your equity growth.
















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