Tag: mortgage financing

July 19, 2010

IMPORTANT CLAUSES IN FINANCIAL INSTRUMENTS

A. ACCELLERATION CLAUSE: Means exactly what it says; speed up! If a borrower does not do something the loan requires, or alienates him or herself from a property (sells it and no longer has any interest in the property, he or she is now alien to the title) the lender …Read the Rest

December 1, 2009

Mobile Home Financing programs

A term used when describing a mobile or manufactured home mortgage. Specifically when the home is not financed with the …Read the Rest

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