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Federal National Mortgage Association - The federal government of the United States created the Federal National Mortgage Association (FNMA) (), commonly known as Fannie Mae, in 1938 to establish a secondary market for mortgages insured by the Federal Housing Administration (FHA). Fannie Mae buys mortgages on the secondary market, pools them and sells them as mortgage-backed securities to investors on the open market.
FHA loan - FHA loan is a mortgage loan in the United States insured by the Federal Housing Administration. The loan may be issued by federally-qualified lenders.
Adjustable rate mortgage - An adjustable rate mortgage or variable rate mortgage is a loan secured on a property (house) whose interest rate and so monthly repayment vary over time. Other forms of mortgage loan include interest only mortgage, fixed rate mortgage, Negative amortization mortgage, discounted rate mortgage and balloon payment mortgage.
Mortgage button - A Mortgage Button is a plug, typically made of ivory, which marks the payment in full of a mortgage on a house. According to the mortgage button is placed over a hole drilled in the staircase, which contains the mortgage or its ashes.
Mortgage Source of NJ, LLC - Licensed mortgage bankers with State of New Jersey offering first and second mortgage originators of Fannie Mae, Freddie Mac and FHA Mortgage Loans.
Premier Mortgage - Mortgage only lender offering conventional, VA/FHA, jumbo, fixed rate, adjustable, and new construction loans. Locate information on these various types of mortgages, and find the current mortgage rates.
Spectrum Mortgage Services - Spectrum Mortgage Services is a licensed lender in the States of New Jersey and Pennsylvania. A FHA and VA approved lender, Spectrum Mortgage provides competitive conventional mortgage products.
Source: BazSites.com
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